TerraForm Global (TerraForm Global) Cash-to-Debt : 0.58 (As of Sep. 2017)

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What is TerraForm Global 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. TerraForm Global's cash to debt ratio for the quarter that ended in Sep. 2017 was 0.58.

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, TerraForm Global couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2017.

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

GLBL's Cash-to-Debt is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.225
* Ranked among companies with meaningful Cash-to-Debt only.

TerraForm Global Cash-to-Debt Historical Data

The historical data trend for TerraForm Global'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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TerraForm Global Cash-to-Debt Chart

TerraForm Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

0.02

0.29

0.73

0.63

TerraForm Global Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Cash-to-Debt	Get a 7-Day Free Trial											0.64	0.63	0.60	0.60	0.58

Competitive Comparison of TerraForm Global's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, TerraForm Global'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.

TerraForm Global's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TerraForm Global's Cash-to-Debt distribution charts can be found below:

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

TerraForm Global 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.

TerraForm Global's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 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)
	=	680.893	/	(327.459	+	758.609)
	=	0.63

TerraForm Global's Cash to Debt Ratio for the quarter that ended in Sep. 2017 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)
	=	631.635	/	(320.355	+	763.529)
	=	0.58

TerraForm Global (NAS:GLBL) 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.

TerraForm Global Cash-to-Debt Related Terms

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TerraForm Global (TerraForm Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TerraForm Global Inc (NAS:GLBL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.terraformglobal.com

TerraForm Global Inc is a Delaware corporation formed on September 12, 2014. The Company and its subsidiaries is a diversified renewable energy company that owns long-term contracted solar and wind power plants. The Company's portfolio consists of solar and wind power plants located in Brazil, China, India, Malaysia, South Africa, Thailand and Uruguay. The Company competes with other solar and wind developers, independent power producers and financial investors based on its relationship with the Sponsor and its development expertise, pipeline, footprint and brand reputation.

Executives

Peter Blackmore	director	UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Brookfield Asset Management Private Institutional Capital Adviser (canada) Lp	10 percent owner	BROOKFIELD PLACE, SUITE 100, 181 BAY STREET, TORONTO A6 M5F 2T3
Partners Ltd	10 percent owner	181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Alan Bruce Miller	director	767 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10153
Yana Kravtsova	officer: SVP, General Counsel & Sec.	7550 WISCONSIN AVE., 9TH FLOOR, BETHESDA MD 20814
Mark D Lerdal	director	12500 BALTIMORE AVENUE, BELTSVILLE MD 20705
Hanif Dahya	director	NEW YORK COOMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801
Jack Stark	director	700 LOUISIANA STREET, HOUSTON TX 77002-2700
David J. Mack	director	7550 WISCONSIN AVENUE, 9TH FLOOR, BETHESDA MD 20814
David A Rawden	officer: Intrm Chief Accounting Officer	CAREER EDUCATION CORPORATION, 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Ilan Daskal	director	1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Steven Vincent Tesoriere	director	C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376