Allego NV (Allego NV) Cash-to-Debt : 0.19 (As of Jun. 2023)

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What is Allego NV 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. Allego NV's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.19.

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, Allego NV couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

ALLG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.19 Max: 0.26
Current: 0.19

During the past 5 years, Allego NV's highest Cash to Debt Ratio was 0.26. The lowest was 0.04. And the median was 0.19.

ALLG's Cash-to-Debt is ranked worse than
70.83% of 1104 companies
in the Retail - Cyclical industry
Industry Median: 0.465 vs ALLG: 0.19

Allego NV Cash-to-Debt Historical Data

The historical data trend for Allego NV'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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Allego NV Cash-to-Debt Chart

Allego NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.04

0.19

0.05

0.23

0.26

Allego NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial			0.04	0.23	N/A	0.26	0.19

Competitive Comparison of Allego NV's Cash-to-Debt

For the Specialty Retail subindustry, Allego NV'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.

Allego NV's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Allego NV's Cash-to-Debt distribution charts can be found below:

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

Allego NV 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.

Allego NV'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)
	=	88.584	/	(7.712	+	331.649)
	=	0.26

Allego NV's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	77.507	/	(8.988	+	393.035)
	=	0.19

Allego NV (NYSE:ALLG) 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.

Allego NV Cash-to-Debt Related Terms

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Allego NV (Allego NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Allego NV (NYSE:ALLG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JS9:Germany

Address

Industriepark Kleefse Waard, Westervoortsedijk 73 KB, Arnhem, NLD, 6827 AV

Website

https://www.allego.eu

Allego NV delivers charging solutions for electric cars, motors, buses, and trucks, for consumers, businesses, and cities. Its end-to-end charging solutions make it easier for companies and cities to deliver the infrastructure drivers need.

Executives

Matthew J. Smith	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Principal Holdings Iii Gp Ltd	10 percent owner	C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
J Michael Stice	director	525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Wilson B Handler	director	C/O ATHLON ENERGY INC., 420 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Olivia C Wassenaar	director	170 EAST 79TH STREET, NEW YORK NY 10075
Aph Holdings, L.p.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Geoffrey Strong	director, officer: Chief Executive Officer	C/O APOLLO MANAGEMENT, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Christine Hommes	director	500 DALLAS STREET, SUITE 2000, HOUSTON TX 77002
Jan C. Wilson	director	18 A HAZELTON AVE., SUITE 606, TORONTO A6 M5R 2E2
James Crossen	officer: see remarks	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Anrp Advisors Iii, L.p.	10 percent owner	9 WEST 57TH ST., 43RD FLOOR, NEW YORK NY 10019
Apollo Anrp Capital Management Iii, Llc	10 percent owner	9 WEST 57TH ST., 43RD FLOOR, NEW YORK NY 10019
Joseph Romeo	director	9 WEST 57TH ST, 43RD FLOOR, NEW YORK NY 10019
Spartan Acquisition Sponsor Iii Llc	10 percent owner	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Ap Spartan Energy Holdings Iii, L.p.	10 percent owner	1 MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577