TerraForm Power (TerraForm Power) Cash-to-Debt : 0.04 (As of Jun. 2020)

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What is TerraForm Power 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 Power's cash to debt ratio for the quarter that ended in Jun. 2020 was 0.04.

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 Power couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

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

TERP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 0.28
Current: 0.04

During the past 8 years, TerraForm Power's highest Cash to Debt Ratio was 0.28. The lowest was 0.00. And the median was 0.07.

TERP's Cash-to-Debt is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 0.23 vs TERP: 0.04

TerraForm Power Cash-to-Debt Historical Data

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

TerraForm Power Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.04

TerraForm Power Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.04

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

For the Utilities - Independent Power Producers subindustry, TerraForm Power'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 Power's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

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

TerraForm Power 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 Power's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
	=	237.48	/	(441.951	+	6066.325)
	=	0.04

TerraForm Power's Cash to Debt Ratio for the quarter that ended in Jun. 2020 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)
	=	259.753	/	(484.57	+	6548.488)
	=	0.04

TerraForm Power (NAS:TERP) 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 Power Cash-to-Debt Related Terms

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

TerraForm Power (TerraForm Power) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Liberty Street, 14th Floor, New York, NY, USA, 10281

Website

http://www.terraformpower.com

TerraForm Power Inc Class A owns and operates clean power generation assets. The portfolio of facilities controlled by the company includes wind and solar power producing facilities located in the U.S., Canada, the United Kingdom, and Chile. The majority of the energy produced by TerraForm Power comes from its solar sites. The company primarily generates revenue from the sale of energy to utility, commercial, and residential customers in the United States. Income earned from government incentives programs also represents a substantial revenue stream.

Executives

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
Bruce A Williamson	director	C/O SOUTHCROSS ENERGY PARTNERS, L.P., 1717 MAIN STREET, SUITE 5200, DALLAS TX 75201
Mark Allen Mcfarland	director	7550 WISCONSIN AVENUE, 9TH FLOOR, BETHESDA MD 20814
Peter Blackmore	director	UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Hall, Iii Edward C	director	4300 WILSON BOULEVARD, ARLINGTON VA 22203
Hanif Dahya	director	NEW YORK COOMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801
Jack Stark	director	700 LOUISIANA STREET, HOUSTON TX 77002-2700
Appaloosa Management Lp	other: Member of 10% owner group.	404 WASHINGTON AVENUE, MIAMI BEACH FL 33139
David A Tepper	other: Member of 10% owner group.	C/O APPALOOSA MANAGEMENT LP, 26 MAIN ST FIRST FL, CHATHAM NJ 07928
Appaloosa Partners Inc	other: Member of 10% owner group.	C/O APPALOOSA MANAGEMENT L.P., 51 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078
David A Rawden	officer: Intrm Chief Accounting Officer	CAREER EDUCATION CORPORATION, 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Bluemountain Foinaven Master Fund L.p.	10 percent owner	280 PARK AVE FL 12 NEW YORK NY 10017
Bluemountain Logan Opportunities Master Fund L.p.	10 percent owner	280 PARK AVE FL 12 NEW YORK NY 10017