Galp Energia SGPS (Galp Energia SGPS) Cash-to-Debt : 0.44 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Galp Energia SGPS 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. Galp Energia SGPS's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.44.

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, Galp Energia SGPS 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 Galp Energia SGPS's Cash-to-Debt or its related term are showing as below:

GLPEY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 0.4 Max: 0.54
Current: 0.44

During the past 13 years, Galp Energia SGPS's highest Cash to Debt Ratio was 0.54. The lowest was 0.31. And the median was 0.40.

GLPEY's Cash-to-Debt is ranked worse than
52.88% of 1025 companies
in the Oil & Gas industry
Industry Median: 0.5 vs GLPEY: 0.44

Galp Energia SGPS Cash-to-Debt Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS Cash-to-Debt Chart

Galp Energia SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.39

0.38

0.54

0.52

0.44

Galp Energia SGPS 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	Get a 7-Day Free Trial															0.52	0.48	0.46	0.50	0.44

Competitive Comparison of Galp Energia SGPS's Cash-to-Debt

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.

Galp Energia SGPS's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

Galp Energia SGPS 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.

Galp Energia SGPS'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)
	=	2580.153	/	(917.121	+	4982.552)
	=	0.44

Galp Energia SGPS'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)
	=	2580.153	/	(917.121	+	4982.552)
	=	0.44

Galp Energia SGPS (OTCPK:GLPEY) 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.

Galp Energia SGPS Cash-to-Debt Related Terms

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

Galp Energia SGPS (Galp Energia SGPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Galp Energia SGPS SA (OTCPK:GLPEY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GLPEF:USA GALP:Portugal GALPu:UK 0B67:UK GZ5:Germany

Address

Rua Tomas da Fonseca, Torre A, Lisboa, PRT, 1600-209

Website

https://www.galp.com

Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New businesses segment represents Galp's presence in the renewable and new energies space.

Galp Energia SGPS (Galp Energia SGPS) Headlines

From GuruFocus

5 Stocks These Spanish Funds Agree On

By Sydnee Gatewood Sydnee Gatewood • 01-07-2020

Galp Energia: A Strong Diversified Energy Franchise

By The City Letter • 09-25-2023