Greencoat UK Wind (LSE:UKW) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is Greencoat UK Wind 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. Greencoat UK Wind's cash to debt ratio for the quarter that ended in Dec. 2023 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, Greencoat UK Wind 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 Greencoat UK Wind's Cash-to-Debt or its related term are showing as below:

LSE:UKW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.08
Current: 0.01

During the past 11 years, Greencoat UK Wind's highest Cash to Debt Ratio was 0.08. The lowest was 0.00. And the median was 0.02.

LSE:UKW's Cash-to-Debt is ranked worse than
96.32% of 1467 companies
in the Asset Management industry
Industry Median: 5.93 vs LSE:UKW: 0.01

Greencoat UK Wind Cash-to-Debt Historical Data

The historical data trend for Greencoat UK Wind'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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Greencoat UK Wind Cash-to-Debt Chart

Greencoat UK Wind Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.04

0.01

0.02

0.01

Greencoat UK Wind Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															-	0.11	0.02	0.26	0.01

Competitive Comparison of Greencoat UK Wind's Cash-to-Debt

For the Asset Management subindustry, Greencoat UK Wind'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.

Greencoat UK Wind's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Greencoat UK Wind's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Greencoat UK Wind's Cash-to-Debt falls into.

Greencoat UK Wind Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Greencoat UK Wind's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	21.805	/	(0	+	1790)
	=	0.01

Greencoat UK Wind's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	21.805	/	(0	+	1790)
	=	0.01

Greencoat UK Wind (LSE:UKW) 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.

Greencoat UK Wind Cash-to-Debt Related Terms

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Greencoat UK Wind (LSE:UKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Greencoat UK Wind PLC (LSE:UKW) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

UKWl:UK

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.greencoat-ukwind.com

Greencoat UK Wind PLC is a renewable infrastructure fund, solely and fully invested in operating UK wind farms. The company aims to provide investors with an annual dividend that increases in line with RPI inflation. It also tries to preserve the capital value of its investment portfolio in the long-term on a real basis through reinvestment of excess cash flow and the prudent use of portfolio leverage. The company invests in both onshore and offshore wind farms. All of the group's income is generated within the UK.