ReVolve Renewable Power (TSXV:REVV) Cash-to-Debt : 0.52 (As of Dec. 2023)

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What is ReVolve Renewable Power 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. ReVolve Renewable Power's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.52.

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, ReVolve Renewable Power 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 ReVolve Renewable Power's Cash-to-Debt or its related term are showing as below:

TSXV:REVV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.82 Max: No Debt
Current: 0.52

During the past 4 years, ReVolve Renewable Power's highest Cash to Debt Ratio was No Debt. The lowest was 0.23. And the median was 0.82.

TSXV:REVV's Cash-to-Debt is ranked better than
68.85% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.22 vs TSXV:REVV: 0.52

ReVolve Renewable Power Cash-to-Debt Historical Data

The historical data trend for ReVolve Renewable Power'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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ReVolve Renewable Power Cash-to-Debt Chart

ReVolve Renewable Power Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

No Debt

1.03

0.23

ReVolve Renewable Power Quarterly Data
	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									0.71	0.55	0.23	0.23	0.52

Competitive Comparison of ReVolve Renewable Power's Cash-to-Debt

For the Utilities - Renewable subindustry, ReVolve Renewable Power'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.

ReVolve Renewable Power's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where ReVolve Renewable Power's Cash-to-Debt falls into.

ReVolve Renewable Power 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.

ReVolve Renewable Power's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.813	/	(1.605	+	1.868)
	=	0.23

ReVolve Renewable Power'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)
	=	1.817	/	(1.619	+	1.886)
	=	0.52

ReVolve Renewable Power (TSXV:REVV) 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.

ReVolve Renewable Power Cash-to-Debt Related Terms

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ReVolve Renewable Power (TSXV:REVV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReVolve Renewable Power Corp (TSXV:REVV) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

REVVF:USA

Address

Philpsburgh Avenue Fairview, Bushfield House, 57 Bushfield Square, Dublin, IRL, 3

Website

https://www.revolve-renewablepower.com

Revolve Renewable Power Corp is a developer of utility-scale renewable energy generation projects in North America with a focus on wind, solar, and battery storage technologies. Its project portfolio includes Utility scale assets and Development generation assets. The company has three business segments (1) Renewable energy projects (2) behind-the-meter distributed electricity generation including rooftop solar, battery storage, and energy efficiency projects at customer premises (3) Corporate. The company operates geographically in the USA, Mexico, Canada, and others.

ReVolve Renewable Power (TSXV:REVV) Headlines

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