Montauk Renewables (Montauk Renewables) Cash-to-Debt : 1.08 (As of Dec. 2023)

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What is Montauk Renewables 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. Montauk Renewables's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.08.

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, Montauk Renewables 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 Montauk Renewables's Cash-to-Debt or its related term are showing as below:

MNTK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.63 Max: 1.38
Current: 1.08

During the past 6 years, Montauk Renewables's highest Cash to Debt Ratio was 1.38. The lowest was 0.15. And the median was 0.63.

MNTK's Cash-to-Debt is ranked better than
74.9% of 494 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs MNTK: 1.08

Montauk Renewables Cash-to-Debt Historical Data

The historical data trend for Montauk Renewables'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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Montauk Renewables Cash-to-Debt Chart

Montauk Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.15

0.32

0.67

1.38

1.08

Montauk Renewables Quarterly Data
	Dec18	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														1.38	1.05	1.08	1.05	1.08

Competitive Comparison of Montauk Renewables's Cash-to-Debt

For the Utilities - Diversified subindustry, Montauk Renewables'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.

Montauk Renewables's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Montauk Renewables's Cash-to-Debt distribution charts can be found below:

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

Montauk Renewables 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.

Montauk Renewables'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)
	=	73.811	/	(8.332	+	59.757)
	=	1.08

Montauk Renewables'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)
	=	73.811	/	(8.332	+	59.757)
	=	1.08

Montauk Renewables (NAS:MNTK) 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.

Montauk Renewables Cash-to-Debt Related Terms

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

Montauk Renewables (Montauk Renewables) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Montauk Renewables Inc (NAS:MNTK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MKR:South Africa

Address

5313 Campbells Run Road, Suite 200, Pittsburgh, PA, USA, 15205

Website

https://ir.montaukrenewables.com

Montauk Renewables Inc is a United States-based renewable energy company. It specializes in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement for fossil fuels. The firm develops, owns, and operates RNG projects that supply renewable fuel into the transportation and electrical power sectors. Montauk operates in three segments: Renewable Natural Gas, Renewable Electricity Generation and Corporate. It generates a majority of its revenue from the Renewable Natural Gas segment.

Executives

Michael Barsch	officer: See Remarks	5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Sean F Mcclain	director, officer: President and CEO	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Scott E Hill	officer: VP of Business Development	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR. FOSTER PL 10 FL 5, PITTSBURGH PA 15220
Jennifer E Cunningham	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN PL 10, FL 5, PITTSBURGH PA 15220
Sharon R Frank	officer: VP Environ. Health & Safety	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Yunis Shaik	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN PL 10, FL 5, PITTSBURGH PA 15220
John Ciroli	officer: VP, GC and Secretary	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
John A Copelyn	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Van Asdalan Kevin A	officer: CFO and Treasurer	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
James A Shaw	officer: Vice President of Operations	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Bruce S Raynor	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10 FL 5, PITTSBURGH PA 15220
Mohamed H Ahmed	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Michael Alon Jacobson	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Montauk Holdings Ltd	10 percent owner	5TH FLOOR STERLING STREET, ZONNEBLOEM, CAPE TOWN T3 7925
Govender Theventheran (kevin) G	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR. FOSTER PL 10 FL 5, PITTSBURGH PA 15220