Fluence Energy (Fluence Energy) Cash-to-Debt : 6.15 (As of Dec. 2023)

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What is Fluence 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. Fluence Energy's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.15.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Fluence Energy could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FLNC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 170.49 Max: No Debt
Current: 6.15

During the past 5 years, Fluence Energy's highest Cash to Debt Ratio was No Debt. The lowest was 0.37. And the median was 170.49.

FLNC's Cash-to-Debt is ranked better than
89.2% of 426 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.225 vs FLNC: 6.15

Fluence Energy Cash-to-Debt Historical Data

The historical data trend for Fluence 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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Fluence Energy Cash-to-Debt Chart

Fluence Energy Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

No Debt

0.37

170.49

6.84

Fluence Energy Quarterly Data
	Sep19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											16.92	10.58	5.62	6.84	6.15

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

For the Utilities - Renewable subindustry, Fluence 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.

Fluence Energy's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

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

Fluence 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.

Fluence Energy's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	345.896	/	(22.539	+	28.024)
	=	6.84

Fluence Energy'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)
	=	317.614	/	(51.621	+	0)
	=	6.15

Fluence Energy (NAS:FLNC) 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.

Fluence Energy Cash-to-Debt Related Terms

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Fluence Energy (Fluence Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Fluence Energy Inc (NAS:FLNC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4601 Fairfax Drive, Suite 600, Arlington, VA, USA, 22203

Website

https://www.fluenceenergy.com

Fluence Energy Inc is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. Geographically, it derives a majority of its revenue from the Americas.

Executives

Siemens Pension Trust E V	10 percent owner	WITTELSBACHERPLATZ 2, MUNICH GERMANY 2M 80333
Investment Authority Qatar	director, 10 percent owner	P.O. BOX 23224, DOHA S3 QATAR
Michelle Philpot	officer: Chief Accounting Officer	KANA SOFTWARE, INC., 181 CONSTITUTION DR., MENLO PARK CA 94025
Peter Bennett Williams	officer: SVP & CSCMO	2225 W. CHANDLER BLVD., CHANDLER AZ 85224
Carolee Couch	officer: SVP & CSC and MC	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Rebecca Boll	officer: SVP AND Chief Product Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Ricardo Manuel Falu	director	4300 WILSON BLVD, ARLINGTON VA 22203
Manavendra Sial	officer: SVP & Chief Financial Officer	77 RIO ROBLES, SAN JOSE CA 95134
Dennis Fehr	officer: SVP & Chief Financial Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Krishna C Vanka	officer: SVP & Chief Digital Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Julian Nebreda	director	4300 WILSON BLVD., ARLINGTON VA 22203
Tish Mendoza	director	4300 WILSON BOULEVARD, ARLINGTON VA 22203
Seyed Madaeni	officer: Senior VP and CD Officer	C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Cynthia A Arnold	director	P O BOX 1461, MINNEAPOLIS MN 55440
Herman E Bulls	director	JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006