Southern California Gas Co (Southern California Gas Co) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is Southern California Gas Co 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. Southern California Gas Co's cash to debt ratio for the quarter that ended in Mar. 2024 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, Southern California Gas Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Southern California Gas Co's Cash-to-Debt or its related term are showing as below:

SOCGP.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.43
Current: 0.01

During the past 13 years, Southern California Gas Co's highest Cash to Debt Ratio was 0.43. The lowest was 0.01. And the median was 0.12.

SOCGP.PFD's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.5 vs SOCGP.PFD: 0.01

Southern California Gas Co Cash-to-Debt Historical Data

The historical data trend for Southern California Gas Co'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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Southern California Gas Co Cash-to-Debt Chart

Southern California Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

Southern California Gas Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															-	-	-	-	0.01

Competitive Comparison of Southern California Gas Co's Cash-to-Debt

For the Oil & Gas Midstream subindustry, Southern California Gas Co'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.

Southern California Gas Co's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southern California Gas Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Southern California Gas Co's Cash-to-Debt falls into.

Southern California Gas Co 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.

Southern California Gas Co'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)
	=	2	/	(1469	+	6288)
	=	0.00

Southern California Gas Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	54	/	(666	+	6780)
	=	0.01

Southern California Gas Co (OTCPK:SOCGP.PFD) 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.

Southern California Gas Co Cash-to-Debt Related Terms

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Southern California Gas Co (Southern California Gas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Southern California Gas Co (OTCPK:SOCGP.PFD) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

SOCGM.PFD:USA

Address

555 West Fifth Street, Los Angeles, CA, USA, 90013

Website

http://www.socalgas.com

Southern California Gas Co is a utility service company. The company is engaged in natural gas distribution, refining and other processes.

Executives

Diana L Day	director	488 8TH AVENUE, SAN DIEGO CA 92101
Karen L Sedgwick	director	488 8TH AVENUE, SAN DIEGO CA 92101
Jeffery Lenord Walker	officer: SVP-Chief Admin & Diversity Of	555 WEST 5TH STREET, LOS ANGELES CA 90013
Scott D. Drury	director, officer: Chief Executive Officer	555 W 5TH STREET, LOS ANGELES CA 90013
Kevin C. Sagara	director	488 8TH AVENUE, SAN DIEGO CA 92101
Mia Demontigny	officer: VP, CFO, Controller & CAO	488 8TH AVENUE, SAN DIEGO CA 92101
Randall Lee Clark	director	488 8TH AVENUE, SAN DIEGO CA 92101
Maryam S. Brown	officer: President	555 W. 5TH STREET, LOS ANGELES CA 90013
Alexander Lisa Larroque	director	488 8TH AVENUE, SAN DIEGO CA 92101
David Judson Barrett	officer: VP and General Counsel	555 W 5TH STREET, LOS ANGELES CA 90013
Jimmie I Cho	officer: Senior Vice President	555 W 5TH STREET, LOS ANGELES CA 90013
Patrick Kevin Chase	officer: SVP, Chief Information Officer	488 8TH AVENUE, SAN DIEGO CA 92101
Gillian Wright	officer: Chief HR and Admin Officer	555 W. 5TH STREET, LOS ANGELSS CA 90013
Hal D. Snyder	officer: Chief HR and Admin Officer	555 WEST FIFTH STREET, LOS ANGELES CA 90013
Trevor I Mihalik	director	101 ASH STREET, SAN DIEGO CA 92101

Southern California Gas Co (Southern California Gas Co) Headlines

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