Edison International (FRA:EIX) Cash-to-Debt : 0.03 (As of Mar. 2024)

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What is Edison International 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. Edison International's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.03.

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, Edison International couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FRA:EIX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.08
Current: 0.03

During the past 13 years, Edison International's highest Cash to Debt Ratio was 0.08. The lowest was 0.00. And the median was 0.01.

FRA:EIX's Cash-to-Debt is ranked worse than
87.45% of 494 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs FRA:EIX: 0.03

Edison International Cash-to-Debt Historical Data

The historical data trend for Edison International'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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Edison International Cash-to-Debt Chart

Edison International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.03

0.01

Edison International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.03

Competitive Comparison of Edison International's Cash-to-Debt

For the Utilities - Regulated Electric subindustry, Edison International'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.

Edison International's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Edison International's Cash-to-Debt distribution charts can be found below:

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

Edison International 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.

Edison International'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)
	=	316.365	/	(3570.798	+	28809.389)
	=	0.01

Edison International's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	912.64	/	(2750.8	+	30969.96)
	=	0.03

Edison International (FRA:EIX) 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.

Edison International Cash-to-Debt Related Terms

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

Edison International (FRA:EIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Edison International (FRA:EIX) » Definitions » Cash-to-Debt

Comparable Companies

WEC XEL ETR DTE FE ED ES PEG PPL AEE NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC BOM:532898

Traded in Other Exchanges

EIX:USA EIX1:Mexico

Address

2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770

Website

https://www.edison.com

Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.