EnerSys (FRA:FDN) Cash-to-Debt

: 0.37 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. EnerSys's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.37.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, EnerSys couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for EnerSys's Cash-to-Debt or its related term are showing as below:

FRA:FDN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.43 Max: 0.89
Current: 0.37

During the past 13 years, EnerSys's highest Cash to Debt Ratio was 0.89. The lowest was 0.22. And the median was 0.43.

FRA:FDN's Cash-to-Debt is ranked worse than
73.78% of 2998 companies
in the Industrial Products industry
Industry Median: 1.205 vs FRA:FDN: 0.37

EnerSys Cash-to-Debt Historical Data

The historical data trend for EnerSys's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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EnerSys Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.29

0.27

0.42

0.29

0.30

EnerSys Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.26	0.30	0.28	0.33	0.37

Competitive Comparison

For the Electrical Equipment & Parts subindustry, EnerSys's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

EnerSys Cash-to-Debt Distribution

For the Industrial Products industry and Industrials sector, EnerSys's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where EnerSys's Cash-to-Debt falls into.

EnerSys Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

EnerSys's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	323.785	/	(48.533	+	1035.617)
	=	0.30

EnerSys's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	305.099	/	(28.369	+	807.724)
	=	0.36

EnerSys (FRA:FDN) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

EnerSys Cash-to-Debt Related Terms

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EnerSys (FRA:FDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EnerSys (FRA:FDN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ENS:USA FDN:Germany

Address

2366 Bernville Road, Reading, PA, USA, 19605

Website

https://www.enersys.com

EnerSys provides stored energy solutions for industrial applications. It also manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Energy Systems which combine enclosures, power conversion, power distribution and energy storage are used in the telecommunication and broadband, utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Its segments include Energy Systems, Motive Power, and Specialty.