AES Andes (XSGO:AESANDES) Cash-to-Debt : 0.08 (As of Dec. 2023)

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What is AES Andes 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. AES Andes's cash to debt ratio for the quarter that ended in Dec. 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, AES Andes 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 AES Andes's Cash-to-Debt or its related term are showing as below:

XSGO:AESANDES' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.13
Current: 0.08

During the past 13 years, AES Andes's highest Cash to Debt Ratio was 0.13. The lowest was 0.05. And the median was 0.08.

XSGO:AESANDES's Cash-to-Debt is ranked worse than
77% of 426 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.225 vs XSGO:AESANDES: 0.08

AES Andes Cash-to-Debt Historical Data

The historical data trend for AES Andes'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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AES Andes Cash-to-Debt Chart

AES Andes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.09

0.07

0.05

0.06

0.08

AES Andes 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															0.06	0.06	0.04	0.09	0.08

Competitive Comparison of AES Andes's Cash-to-Debt

For the Utilities - Renewable subindustry, AES Andes'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.

AES Andes's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

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

AES Andes 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.

AES Andes'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)
	=	199577.318	/	(423050.768	+	2066839.162)
	=	0.08

AES Andes'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)
	=	199577.318	/	(423050.768	+	2066839.162)
	=	0.08

AES Andes (XSGO:AESANDES) 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.

AES Andes Cash-to-Debt Related Terms

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AES Andes (XSGO:AESANDES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Andes SA (XSGO:AESANDES) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Avenida Rosario Norte 532, Floors 18-20, Los Condes, Santiago, CHL

Website

https://www.aesandes.com

AES Andes SA is an electric utility company involved in the generation and supply of electricity in South America. It owns and operates a portfolio of hydroelectric, coal-fired, diesel-fueled, cogeneration, and natural gas power generation facilities. Most of the energy produced by the company comes from its sites utilizing thermal fuel sources. The company primarily generates revenue from contracted energy and capacity sales. Sales made on the spot market also represent a substantial revenue stream. The company's primary customers are the multiple interconnected energy markets in Chile and Colombia, such as the Central Interconnected System (SIC) and the Great North Interconnected System (SING).

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