SPI Energy Co (SPI Energy Co) Cash-to-Debt : 0.08 (As of Sep. 2023)

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What is SPI Energy Co 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. SPI Energy Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.08.

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, SPI Energy Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

SPI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 1.64
Current: 0.08

During the past 13 years, SPI Energy Co's highest Cash to Debt Ratio was 1.64. The lowest was 0.02. And the median was 0.08.

SPI's Cash-to-Debt is ranked worse than
95.98% of 996 companies
in the Semiconductors industry
Industry Median: 1.81 vs SPI: 0.08

SPI Energy Co Cash-to-Debt Historical Data

The historical data trend for SPI Energy Co'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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SPI Energy Co Cash-to-Debt Chart

SPI Energy Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.04

0.58

0.12

0.05

SPI Energy Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.05	0.04	0.06	0.08

Competitive Comparison of SPI Energy Co's Cash-to-Debt

For the Solar subindustry, SPI Energy Co'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.

SPI Energy Co's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SPI Energy Co's Cash-to-Debt distribution charts can be found below:

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

SPI Energy Co 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.

SPI Energy Co'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)
	=	3.533	/	(54.347	+	20.853)
	=	0.05

SPI Energy Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	5.527	/	(49.746	+	16.019)
	=	0.08

SPI Energy Co (NAS:SPI) 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.

SPI Energy Co Cash-to-Debt Related Terms

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SPI Energy Co (SPI Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SPI Energy Co Ltd (NAS:SPI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7XSP:Germany

Address

4803 Urbani Avenue, McClellan Park, Sacramento, CA, USA, 95652

Website

https://www.spigroups.com

SPI Energy Co Ltd offers photovoltaic solutions for business, residential, government, and utility customers and investors. The company provides a range of engineering, procurement, and construction services to third-party project developers. It is also engaged in the development, manufacture, and marketing of various PV modules. It procures PV modules and other equipment for project construction from independent suppliers and contract work to third-party EPC contractors in areas such as logistics, installation, construction, and supervision. The company's geographical segments are the United Kingdom, Australia, United States, Greece, Japan, and Italy, of which the majority of its revenue comes from Australia.

Executives

Dejun Ye	officer: Chief Executive Officer	ROOM 502, NO.16, LANE 28, EAST GUILIN ST, XUHUI DISTRICT, SHANGHAI F4 200235
Yunan Ren	director	C/O TIGER MEDIA, INC. ROOM 1705, 511 WEIHAI ROAD, JING AN DISTRICT, SHANGHAI F4 200041
Jing Liu	officer: Chief Financial Officer	RM 1708 YINGU PLZA NO.9 OF N 4TH, RING ROAD WEST HAIDIAN DISTRICT, BEIJING F4 100080
Gang Dong	director	2512,COSCO TOWER, 183 QUEEN'S ROAD CENTRAL, SHEUNG WAN K3 852
Xiaofeng Pen	director	7TH FLOOR, BUILDING B, 2145 LONG, JINSHAJIANG ROAD, PUTUO DISTRICT, SHANGHAI F4 200333
Hoong Khoeng Cheong	officer: Chief Operating Officer	#04-152, BLOCK 532, BUKIT BATOK ST 5 1, SINGAPORE U0 650532
Lang Zhou	director	LDK SOLAR, SAIWEI ROAD, HIGH-TEC ZONE, XINYU F4 338000
Xiahou Min	director, officer: Chief Executive Officer	LDK SOLAR,SAIWEI ROAD, HIGH-TECH ZONE, XINYU CITY F4 338000
Charlotte Xi Klein	officer: President, Global COO, CFO	201 CALIFORNIA STREET, SUITE 1250, SAN FRANCISCO CA 94111
James Pekarsky	officer: Chief Financial Officer	1349A OLIVE STREET, SAN CARLO CA 94070
Dennis Wu	director	SOLAR POWER INC, 2240 DOUGLAS BLVD, SUITE 200, ROSEVILLE CA 95661
Ldk Solar Co., Ltd.	10 percent owner	HIGH-TECH INDUSTRIAL PARK, XINYU CITY, JIANGXI PROVINCE F4 338032
Jack K Lai	director	C/O LDK SOLAR USA, INC., 1290 OAKMEAD PARKWAY, SUITE 306, SUNNYVALE CA 94085
Peng Xiaofeng	director	#15, 35/F WEST TOWER, SHUN TAK CENTRE, 200 CONNAUGHT ROAD, CENTRAL K3 00000
Joseph Bedewi	officer: Chief Financial Officer	SOLAR POWER INC, 1115 ORLANDO AVE, ROSEVILLE CA 95661