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TotalEnergies SE Cash-to-Debt

: 0.65 (As of Jun. 2022)
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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. TotalEnergies SE's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.65.

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, TotalEnergies SE couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

TTE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13   Med: 0.51   Max: 0.76
Current: 0.65

During the past 13 years, TotalEnergies SE's highest Cash to Debt Ratio was 0.76. The lowest was 0.13. And the median was 0.51.

TTE's Cash-to-Debt is ranked better than
55.45% of 1046 companies
in the Oil & Gas industry
Industry Median: 0.51 vs TTE: 0.65

TotalEnergies SE Cash-to-Debt Historical Data

The historical data trend for TotalEnergies SE'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.

* Premium members only.

TotalEnergies SE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.59 0.50 0.46 0.52

TotalEnergies SE Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.49 0.52 0.60 0.65

Competitive Comparison

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.

   

TotalEnergies SE Cash-to-Debt Distribution

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

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



TotalEnergies SE 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.

TotalEnergies SE's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

TotalEnergies SE's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

* 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.


TotalEnergies SE  (NYSE:TTE) 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.


TotalEnergies SE Cash-to-Debt Related Terms

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


TotalEnergies SE Business Description

TotalEnergies SE logo
Address
2 Place Jean Millier, Tour Coupole, Paris la Defense cedex, Courbevoie, FRA, 92400
TotalEnergies SE is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2020, it produced 1.5 million barrels of liquids and 7.2 billion cubic feet of natural gas per day. At year-end 2020, reserves stood at 12.3 billion barrels of oil equivalent, 43% of which are liquids. The company operates refineries with a capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek.

TotalEnergies SE Headlines

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