Romande Energie Holding (XSWX:REHN) Cash-to-Debt : 0.59 (As of Dec. 2023)

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What is Romande Energie Holding 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. Romande Energie Holding's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.59.

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, Romande Energie Holding 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 Romande Energie Holding's Cash-to-Debt or its related term are showing as below:

XSWX:REHN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59 Med: 2.68 Max: 4.27
Current: 0.59

During the past 13 years, Romande Energie Holding's highest Cash to Debt Ratio was 4.27. The lowest was 0.59. And the median was 2.68.

XSWX:REHN's Cash-to-Debt is ranked better than
73% of 426 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.225 vs XSWX:REHN: 0.59

Romande Energie Holding Cash-to-Debt Historical Data

The historical data trend for Romande Energie Holding'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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Romande Energie Holding Cash-to-Debt Chart

Romande Energie Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.74

1.62

1.25

0.96

0.59

Romande Energie Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.25	0.78	0.96	0.68	0.59

Competitive Comparison of Romande Energie Holding's Cash-to-Debt

For the Utilities - Renewable subindustry, Romande Energie Holding'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.

Romande Energie Holding's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Romande Energie Holding's Cash-to-Debt falls into.

Romande Energie Holding 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.

Romande Energie Holding'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)
	=	115.716	/	(5.864	+	188.901)
	=	0.59

Romande Energie Holding'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)
	=	115.716	/	(5.864	+	188.901)
	=	0.59

Romande Energie Holding (XSWX:REHN) 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.

Romande Energie Holding Cash-to-Debt Related Terms

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

Romande Energie Holding (XSWX:REHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Romande Energie Holding SA (XSWX:REHN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

REHNz:UK

Address

Rue de Lausanne 53, P.O. Box 950, Morges 1, CHE, CH-1110

Website

https://investor.romande-energie.ch

Romande Energie Holding SA is a Swiss utility company involved in the generation, distribution, and marketing of electricity and energy services. The company's segment includes Grids; Energy Solutions; Romande Energie Services and Corporate. It generates maximum revenue from the Energy Solutions segment. The Energy Solutions business unit spans the entire kWh chain, operating through two divisions: generation and power/heating distribution; and end-markets.

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