Smart Metering Systems (LSE:SMS) Cash-to-Debt : 0.30 (As of Jun. 2023)

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What is Smart Metering Systems Cash-to-Debt?

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. Smart Metering Systems's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.30.

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, Smart Metering Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

LSE:SMS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 13.73
Current: 0.3

During the past 13 years, Smart Metering Systems's highest Cash to Debt Ratio was 13.73. The lowest was 0.04. And the median was 0.20.

LSE:SMS's Cash-to-Debt is ranked worse than
78.73% of 3000 companies
in the Industrial Products industry
Industry Median: 1.205 vs LSE:SMS: 0.30

Smart Metering Systems Cash-to-Debt Historical Data

The historical data trend for Smart Metering Systems'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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Smart Metering Systems Cash-to-Debt Chart

Smart Metering Systems Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.18

7.66

13.73

0.43

Smart Metering Systems Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															1.02	13.73	3.75	0.43	0.30

Competitive Comparison of Smart Metering Systems's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Smart Metering Systems'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.

Smart Metering Systems's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Smart Metering Systems 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.

Smart Metering Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	32.77	/	(1.476	+	74.825)
	=	0.43

Smart Metering Systems's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	45.272	/	(3.638	+	149.729)
	=	0.30

Smart Metering Systems (LSE:SMS) 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.

Smart Metering Systems Cash-to-Debt Related Terms

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Smart Metering Systems (LSE:SMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Smart Metering Systems PLC (LSE:SMS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SMS.GB:UK SMC:Germany

Address

48 St. Vincent Street, 2nd Floor, Glasgow, GBR, G2 5TS

Website

https://www.sms-plc.com

Smart Metering Systems PLC is a UK-based company which connects, owns, and maintains metering systems and database of energy companies. Its services include Smart Metering & Data; Smart Energy Services; Smart Utility Services; and ADM, which is an intelligent Automated Meter Reading (AMR) solution. The company operates in three segments: Asset Management, which comprises regulated management of gas meters, electric meters, and ADM units; Asset installation, which comprises installation of domestic and I&C gas meters and electricity meters; and Energy Management, which comprises the provision of energy consultancy services and the management of Distributed Energy Resources (DER) assets.

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