ENGIE Brasil Energia (ENGIE Brasil Energia) Cash-to-Debt

: 0.27 (As of Dec. 2023)

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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. ENGIE Brasil Energia's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.27.

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, ENGIE Brasil Energia couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

EGIEY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.31 Max: 0.59
Current: 0.27

During the past 13 years, ENGIE Brasil Energia's highest Cash to Debt Ratio was 0.59. The lowest was 0.15. And the median was 0.31.

EGIEY's Cash-to-Debt is ranked better than
55.53% of 425 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs EGIEY: 0.27

ENGIE Brasil Energia Cash-to-Debt Historical Data

The historical data trend for ENGIE Brasil Energia'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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.30 [6] => 0.32 [7] => 0.31 [8] => 0.15 [9] => 0.27 )

ENGIE Brasil Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.30

0.32

0.31

0.15

0.27

ENGIE Brasil Energia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.15	0.19	0.29	0.20	0.27

Competitive Comparison

For the Utilities - Renewable subindustry, ENGIE Brasil Energia'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.

ENGIE Brasil Energia Cash-to-Debt Distribution

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

* The bar in red indicates where ENGIE Brasil Energia's Cash-to-Debt falls into.

ENGIE Brasil Energia 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.

ENGIE Brasil Energia'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)
	=	1157.085	/	(520.401	+	3699.617)
	=	0.27

ENGIE Brasil Energia'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)
	=	1157.085	/	(520.401	+	3699.617)
	=	0.27

ENGIE Brasil Energia (OTCPK:EGIEY) 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.

ENGIE Brasil Energia Cash-to-Debt Related Terms

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ENGIE Brasil Energia (ENGIE Brasil Energia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ENGIE Brasil Energia SA (OTCPK:EGIEY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7TE1:Germany EGIE3:Brazil

Address

Rua Pascoal Apostle Pitsica, 5064, Agronomica, Florianopolis, SC, BRA, 88025-255

Website

https://www.engie.com.br

ENGIE Brasil Energia SA develops, operates, and commercializes electric energy power plants in Brazil. The company is engaged in five segments Transmission, Trading, Gas Transportation, Centralized Generation and Distributed Solar Generation. Majority of the revenue generated by the company is from Generation segment.