Engie (ENGIY) 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. Engie'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, Engie 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 Engie's Cash-to-Debt or its related term are showing as below:

ENGIY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.31 Max: 0.41
Current: 0.37

During the past 13 years, Engie's highest Cash to Debt Ratio was 0.41. The lowest was 0.25. And the median was 0.31.

ENGIY's Cash-to-Debt is ranked better than
60.69% of 491 companies
in the Utilities - Regulated industry
Industry Median: 0.26 vs ENGIY: 0.37

Engie Cash-to-Debt Historical Data

The historical data trend for Engie'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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Engie Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.28

0.36

0.35

0.41

0.37

Engie Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt																0.35	0.36	0.41	0.41	0.37

Competitive Comparison

For the Utilities - Diversified subindustry, Engie'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.

Engie Cash-to-Debt Distribution

For the Utilities - Regulated industry and Utilities sector, Engie's Cash-to-Debt distribution charts can be found below:

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

Engie 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.

Engie's Cash to Debt Ratio for the fiscal year 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)
	=	18921.483	/	(10214.831	+	41352.236)
	=	0.37

Engie'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)
	=	18921.483	/	(10214.831	+	41352.236)
	=	0.37

Engie (OTCPK:ENGIY) 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.

Engie Cash-to-Debt Related Terms

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Engie (ENGIY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Engie SA (OTCPK:ENGIY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ENGQF:USA ENGI:Italy ENGIp:UK 0LD0:UK ENGI:France GZF:Germany ENGI:Austria

Address

1, Place Samuel de Champlain, Courbevoie, FRA, 92400

Website

https://www.engie.com

Engie is a global energy firm formed by the 2008 merger of Gaz de France and Suez and the acquisition of International Power in 2012. It changed its name to Engie from GDF Suez in 2015. The company operates Europe's largest gas pipeline network, including the French system, and a global fleet of conventional and renewable power plants with 64 gigawatts of capacity on a consolidated basis. Engie also operates a diverse suite of other energy businesses.