Transneft PJSC (MIC:TRNFP) Cash-to-Debt : 1.74 (As of Dec. 2023)

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What is Transneft PJSC 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. Transneft PJSC's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.74.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Transneft PJSC could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

MIC:TRNFP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 0.6 Max: 1.74
Current: 1.74

During the past 13 years, Transneft PJSC's highest Cash to Debt Ratio was 1.74. The lowest was 0.42. And the median was 0.60.

MIC:TRNFP's Cash-to-Debt is ranked better than
66.63% of 1025 companies
in the Oil & Gas industry
Industry Median: 0.5 vs MIC:TRNFP: 1.74

Transneft PJSC Cash-to-Debt Historical Data

The historical data trend for Transneft PJSC'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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Transneft PJSC Cash-to-Debt Chart

Transneft PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.42

0.49

0.58

1.33

1.74

Transneft PJSC Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	1.33	1.54	1.39	1.74

Competitive Comparison of Transneft PJSC's Cash-to-Debt

For the Oil & Gas Midstream subindustry, Transneft PJSC'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.

Transneft PJSC's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Transneft PJSC's Cash-to-Debt distribution charts can be found below:

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

Transneft PJSC 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.

Transneft PJSC'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)
	=	621186	/	(81813	+	275328)
	=	1.74

Transneft PJSC'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)
	=	621186	/	(81813	+	275328)
	=	1.74

Transneft PJSC (MIC:TRNFP) 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.

Transneft PJSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Transneft PJSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Transneft PJSC (MIC:TRNFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transneft PJSC (MIC:TRNFP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Building No. 2, Presnenskaya Embankment, Moscow, RUS, 123112

Website

https://www.transneft.ru

Transneft PJSC along with its subsidiaries is engaged in the business of transfer, coordination and management of transportation of petroleum and petroleum products through pipelines within Russia and abroad. The operating business segments are - Oil transportation, Petroleum products transportation, Trading operations for sale of oil and petroleum products, and Stevedoring additional ports services and fleet services. Geographically, the company operates in Russian Federation, China, and Other countries with maximum revenue from Russian Federation.

Transneft PJSC (MIC:TRNFP) Headlines

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