Earth Tech Environment PCL (BKK:ETC) Cash-to-Debt : 0.77 (As of Dec. 2023)

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What is Earth Tech Environment PCL 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. Earth Tech Environment PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.77.

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, Earth Tech Environment PCL 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 Earth Tech Environment PCL's Cash-to-Debt or its related term are showing as below:

BKK:ETC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.8 Max: 1.13
Current: 0.77

During the past 6 years, Earth Tech Environment PCL's highest Cash to Debt Ratio was 1.13. The lowest was 0.02. And the median was 0.80.

BKK:ETC's Cash-to-Debt is ranked better than
73.77% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs BKK:ETC: 0.77

Earth Tech Environment PCL Cash-to-Debt Historical Data

The historical data trend for Earth Tech Environment PCL'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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Earth Tech Environment PCL Cash-to-Debt Chart

Earth Tech Environment PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

1.02

1.13

0.83

0.77

Earth Tech Environment PCL Quarterly Data
	Dec18	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															0.83	0.85	0.89	0.80	0.77

Competitive Comparison of Earth Tech Environment PCL's Cash-to-Debt

For the Utilities - Renewable subindustry, Earth Tech Environment PCL'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.

Earth Tech Environment PCL's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Earth Tech Environment PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Earth Tech Environment PCL's Cash-to-Debt falls into.

Earth Tech Environment PCL 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.

Earth Tech Environment PCL'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)
	=	1552.12	/	(503.11	+	1518.981)
	=	0.77

Earth Tech Environment PCL'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)
	=	1552.12	/	(503.11	+	1518.981)
	=	0.77

Earth Tech Environment PCL (BKK:ETC) 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.

Earth Tech Environment PCL Cash-to-Debt Related Terms

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

Earth Tech Environment PCL (BKK:ETC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Earth Tech Environment PCL (BKK:ETC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

88, 88/1, Moo. 1, Ban That Subdistrict, Kaeng Khoi District, Saraburi, Bangkok, THA

Website

https://www.etcenvi.com

Earth Tech Environment PCL is a service provider for the production and distribution of electricity. The company produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.

Earth Tech Environment PCL (BKK:ETC) Headlines

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