ABCO Energy (ABCO Energy) Cash-to-Debt : 0.01 (As of Dec. 2022)

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What is ABCO Energy 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. ABCO Energy's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.01.

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, ABCO Energy couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

ABCE's Cash-to-Debt is not ranked ^*
in the Semiconductors industry.
Industry Median: 1.81
* Ranked among companies with meaningful Cash-to-Debt only.

ABCO Energy Cash-to-Debt Historical Data

The historical data trend for ABCO Energy'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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ABCO Energy Cash-to-Debt Chart

ABCO Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.14

0.01

0.04

0.02

0.01

ABCO Energy Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.01

Competitive Comparison of ABCO Energy's Cash-to-Debt

For the Solar subindustry, ABCO Energy'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.

ABCO Energy's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ABCO Energy's Cash-to-Debt distribution charts can be found below:

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

ABCO Energy 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.

ABCO Energy's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.02	/	(0.969	+	0.454)
	=	0.01

ABCO Energy's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	0.02	/	(0.969	+	0.454)
	=	0.01

ABCO Energy (OTCPK:ABCE) 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.

ABCO Energy Cash-to-Debt Related Terms

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ABCO Energy (ABCO Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ABCO Energy Inc (OTCPK:ABCE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2505 N. Alvernon Way, Tucson, AZ, USA, 85712

Website

https://www.abcosolar.com

ABCO Energy Inc is engaged in is in the Photo Voltaic (PV) solar systems industry, the LED and energy-efficient commercial lighting business and is an electrical product and services supplier. It sells and installs Solar Photovoltaic electric systems that allow the customer to produce their own power on their residence or business property. These products are installed by its crews and are purchased from both USA and offshore manufacturers. It has available and utilizes many suppliers of US-manufactured solar products from such companies as Mia Soleil, Canadian Solar, Westinghouse Solar and various Italian, Korean, German and Chinese suppliers. It offers solar leasing and long-term financing programs that are offered to ABCO customers and other marketing and installation organizations.

Executives

Charles Kristofer O'dowd	director, officer: President & CEO	6610 E. GHOST FLOWER, TUCSON AZ 85750
Wayne Marx	director, officer: Secretary	7700 KNIGHTHOOD LANE, WILLIAMS AZ 86046