Enerside Energy (XMAD:ENRS) Cash-to-Debt : 0.11 (As of Jun. 2023)

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What is Enerside Energy 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. Enerside Energy's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.11.

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, Enerside Energy couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Enerside Energy's Cash-to-Debt or its related term are showing as below:

XMAD:ENRS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.38 Max: 3.69
Current: 0.11

During the past 5 years, Enerside Energy's highest Cash to Debt Ratio was 3.69. The lowest was 0.11. And the median was 0.38.

XMAD:ENRS's Cash-to-Debt is ranked worse than
85.01% of 1675 companies
in the Construction industry
Industry Median: 0.62 vs XMAD:ENRS: 0.11

Enerside Energy Cash-to-Debt Historical Data

The historical data trend for Enerside Energy'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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Enerside Energy Cash-to-Debt Chart

Enerside Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

N/A

0.24

0.27

1.01

0.50

Enerside Energy Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	1.01	3.69	0.50	0.11

Competitive Comparison of Enerside Energy's Cash-to-Debt

For the Engineering & Construction subindustry, Enerside Energy'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.

Enerside Energy's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Enerside Energy's Cash-to-Debt distribution charts can be found below:

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

Enerside Energy 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.

Enerside Energy's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	13.694	/	(9.505	+	17.831)
	=	0.50

Enerside Energy's Cash to Debt Ratio for the quarter 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)
	=	3.895	/	(11.088	+	25.554)
	=	0.11

Enerside Energy (XMAD:ENRS) 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.

Enerside Energy Cash-to-Debt Related Terms

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Enerside Energy (XMAD:ENRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Enerside Energy SA (XMAD:ENRS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9O8:Germany

Address

Carrer Tuset 3, 3, Barcelona, ESP, 08006

Website

https://www.enerside.com

Enerside Energy SA is engaged in the development, construction, and maintenance of renewable energy projects. The company has solar photovoltaic generation projects for industrial clients in Europe and Latin America.

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