Synergy Grid & Development Philippines (PHS:SGP) Cash-to-Debt : 0.05 (As of Dec. 2023)

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What is Synergy Grid & Development Philippines 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. Synergy Grid & Development Philippines's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.

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, Synergy Grid & Development Philippines 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 Synergy Grid & Development Philippines's Cash-to-Debt or its related term are showing as below:

PHS:SGP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: No Debt Max: No Debt
Current: 0.05

During the past 13 years, Synergy Grid & Development Philippines's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

PHS:SGP's Cash-to-Debt is ranked worse than
92.15% of 522 companies
in the Conglomerates industry
Industry Median: 0.49 vs PHS:SGP: 0.05

Synergy Grid & Development Philippines Cash-to-Debt Historical Data

The historical data trend for Synergy Grid & Development Philippines'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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Synergy Grid & Development Philippines Cash-to-Debt Chart

Synergy Grid & Development Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.10

0.14

0.03

0.05

Synergy Grid & Development Philippines Quarterly Data
	Mar19	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															0.03	0.06	0.04	0.04	0.05

Competitive Comparison of Synergy Grid & Development Philippines's Cash-to-Debt

For the Conglomerates subindustry, Synergy Grid & Development Philippines'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.

Synergy Grid & Development Philippines's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Synergy Grid & Development Philippines's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Synergy Grid & Development Philippines's Cash-to-Debt falls into.

Synergy Grid & Development Philippines 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.

Synergy Grid & Development Philippines'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)
	=	9912.916	/	(23968.357	+	169940.799)
	=	0.05

Synergy Grid & Development Philippines'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)
	=	9912.916	/	(23968.357	+	169940.799)
	=	0.05

Synergy Grid & Development Philippines (PHS:SGP) 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.

Synergy Grid & Development Philippines Cash-to-Debt Related Terms

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

Synergy Grid & Development Philippines (PHS:SGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Synergy Grid & Development Philippines Inc (PHS:SGP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Condominium Pearl Drive, 1607, 16th Floor, Tycoon Center Building, Metro Manila, Pasig, PHL, 1605

Website

https://www.synergygrid.ph

Synergy Grid & Development Philippines Inc is engaged in providing management consulting and financial advisory services. It also derives its income from Interest income from cash deposits with the bank and short-term money placements and Dividend income from the National Grid Corporation of the Philippines. The Group has only one operating segment which is the transmission business.

Synergy Grid & Development Philippines (PHS:SGP) Headlines

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