Blink Charging Co (Blink Charging Co) Cash-to-Debt : 6.78 (As of Dec. 2023)

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What is Blink Charging 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. Blink Charging Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.78.

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, Blink Charging Co 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 Blink Charging Co's Cash-to-Debt or its related term are showing as below:

BLNK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 6.72 Max: 83.71
Current: 6.78

During the past 13 years, Blink Charging Co's highest Cash to Debt Ratio was 83.71. The lowest was 0.00. And the median was 6.72.

BLNK's Cash-to-Debt is ranked better than
83.35% of 1664 companies
in the Construction industry
Industry Median: 0.62 vs BLNK: 6.78

Blink Charging Co Cash-to-Debt Historical Data

The historical data trend for Blink Charging 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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Blink Charging Co Cash-to-Debt Chart

Blink Charging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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24.92

14.32

83.71

6.66

6.78

Blink Charging Co 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															6.66	16.09	4.68	4.18	6.78

Competitive Comparison of Blink Charging Co's Cash-to-Debt

For the Engineering & Construction subindustry, Blink Charging 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.

Blink Charging Co's Cash-to-Debt Distribution in the Construction Industry

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

* The bar in red indicates where Blink Charging Co's Cash-to-Debt falls into.

Blink Charging 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.

Blink Charging 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)
	=	121.691	/	(10.752	+	7.188)
	=	6.78

Blink Charging Co'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)
	=	121.691	/	(10.752	+	7.188)
	=	6.78

Blink Charging Co (NAS:BLNK) 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.

Blink Charging Co Cash-to-Debt Related Terms

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

Blink Charging Co (Blink Charging Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Blink Charging Co (NAS:BLNK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BLNK:Mexico

Address

605 Lincoln Road, 5th Floor, Miami Beach, FL, USA, 33139

Website

https://www.blinkcharging.com

Blink Charging Co is an owner, operator, and provider of electric vehicle (EV) charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types. The company's business is the sale and distribution of electric vehicle charging equipment and its associated revenues earned from customers and/or Property Partners who use equipment connected to its network.

Executives

Michael D Farkas	director, 10 percent owner, officer: Executive Chairman
Michael C. Battaglia	officer: Chief Operating Officer	C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Mahidhar Reddy	director, officer: CEO of a Blink Subsidiary	C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Kristina A. Peterson	director	C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Jack Levine	director	C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Mark Pastrone	officer: Chief Operating Officer	C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Aviv Hillo	officer: General Counsel	C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Cedric L. Richmond	director	C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Harjinder Bhade	officer: Chief Technology Officer	C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Donald Engel	director, officer: Business Development Officer	570 PARK AVE, NEW YORK NY 10065
Carmen Perez-carlton	director	2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Kenneth R. Marks	director	C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Brendan Sean Jones	officer: Chief Operating Officer	C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Michael P Rama	officer: Chief Financial Officer	C/O AVATAR HOLDINGS INC, 201 ALHAMBRA CIRCLE 12TH FLOOR, CORAL GABLES FL 33134
Louis R. Buffalino	director	C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI FL 33139