PG&E (PCG) Cash-to-Debt

: 0.01 (As of Dec. 2023)

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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. PG&E's cash to debt ratio for the quarter that ended in Dec. 2023 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, PG&E 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 PG&E's Cash-to-Debt or its related term are showing as below:

PCG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.42
Current: 0.01

During the past 13 years, PG&E's highest Cash to Debt Ratio was 0.42. The lowest was 0.01. And the median was 0.01.

PCG's Cash-to-Debt is ranked worse than
94.3% of 491 companies
in the Utilities - Regulated industry
Industry Median: 0.26 vs PCG: 0.01

PG&E Cash-to-Debt Historical Data

The historical data trend for PG&E'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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PG&E Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.42

0.01

PG&E 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																0.01	0.02	0.01	0.01	0.01

Competitive Comparison

For the Utilities - Regulated Electric subindustry, PG&E'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.

PG&E Cash-to-Debt Distribution

For the Utilities - Regulated industry and Utilities sector, PG&E's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PG&E's Cash-to-Debt falls into.

PG&E 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.

PG&E'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)
	=	635	/	(5686	+	52047)
	=	0.01

PG&E'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)
	=	635	/	(5686	+	52047)
	=	0.01

PG&E (NYSE:PCG) 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.

PG&E Cash-to-Debt Related Terms

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

PG&E (PCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PG&E Corp (NYSE:PCG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PCG:Mexico 1PCG:Italy PCG:Germany PCG:Germany PCG:Austria

Address

300 Lakeside Drive, Oakland, CA, USA, 94612

Website

https://www.pgecorp.com

PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.

Executives

Cheryl F. Campbell	director	C/O 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Carolyn Jeanne Burke	officer: EVP Finance	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Patricia K Poppe	director, officer: Chief Executive Officer	77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Edward G Cannizzaro	director	5130 HACIENDA DRIVE, DUBLIN CA 94568
Stephanie N Williams	officer: VP and Controller	77 BEALE STREET, PO BOX 77000, SAN FRANCISCO CA 94177
Pg&e Fire Victim Trust	10 percent owner	TWO EMBARCADERO CENTER, SUITE 1500, SAN FRANCISCO CA 94111
William Lloyd Smith	director	46429 LANDING PARKWAY, FREMONT CA 94538
Marlene Santos	other: EVP, CCO at PG&E Company	77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94117
Carlos M Hernandez	director
Adam L Wright	other: EVP, Ops & COO at PG&E Company	77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94177
Julius Cox	officer: EVP/Ppl, Shrd Svcs & Spply Chn	77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Sumeet Singh	officer: EVP/CRO & Chf Safety Ofc	77 BEALE STREET, PO BOX 770000, SAN FRANCISCO CA 94177
Ajay Waghray	officer: SVP & Chf Information Ofc	C/O ASSURANT, INC., 28 LIBERTY STREET, 41 FL., NEW YORK NY 1
Carla J Peterman	officer: EVP/Corp. Affairs & CSO	77 BEALE STREET, P.O. BOX 77000, SAN FRANCISCO CA 94177
Christopher A Foster	officer: EVP & Chief Financial Officer	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177