Adani Energy Solutions (BOM:539254) Cash-to-Debt : N/A (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Adani Energy Solutions 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. Adani Energy Solutions's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

BOM:539254' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 0.18
Current: 0.14

During the past 9 years, Adani Energy Solutions's highest Cash to Debt Ratio was 0.18. The lowest was 0.00. And the median was 0.07.

BOM:539254's Cash-to-Debt is ranked worse than
61.83% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.22 vs BOM:539254: 0.14

Adani Energy Solutions Cash-to-Debt Historical Data

The historical data trend for Adani Energy Solutions'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.

* Premium members only.

Adani Energy Solutions Cash-to-Debt Chart

Adani Energy Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.07

0.02

0.05

0.06

Adani Energy Solutions 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															N/A	0.06	N/A	0.14	N/A

Competitive Comparison of Adani Energy Solutions's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, Adani Energy Solutions'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.

Adani Energy Solutions's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

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

Adani Energy Solutions 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.

Adani Energy Solutions's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	19896.1	/	(28879.5	+	313820.8)
	=	0.06

Adani Energy Solutions's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Adani Energy Solutions (BOM:539254) 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.

Adani Energy Solutions Cash-to-Debt Related Terms

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

Adani Energy Solutions (BOM:539254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Adani Energy Solutions Ltd (BOM:539254) » Definitions » Cash-to-Debt

Traded in Other Exchanges

ADANIENSOL:India

Address

S G Highway, Adani Corporate House, Shantigram, Near Vaishno Devi Circle, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.adanitransmission.com

Adani Energy Solutions Ltd Formerly Adani Transmission Ltd is a power transmission company in India. It is involved in the business activity of transmission of electric energy. The company is also engaged in the trading of Agri commodities business. The operating segments of the company are the Transmission segment which involves power transmission activities; the Trading segment; Mumbai GTD Business. It derives a majority of revenue from the Mumbai GTD Business segment. The company operates in India.

Adani Energy Solutions (BOM:539254) Headlines

No Headlines