EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Cash-to-Debt : 0.55 (As of Dec. 2023)

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What is EnBW Energie Baden-Wuerttemberg AG 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. EnBW Energie Baden-Wuerttemberg AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.55.

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, EnBW Energie Baden-Wuerttemberg AG 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 EnBW Energie Baden-Wuerttemberg AG's Cash-to-Debt or its related term are showing as below:

XTER:EBK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.56 Max: No Debt
Current: 0.55

During the past 13 years, EnBW Energie Baden-Wuerttemberg AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.20. And the median was 0.56.

XTER:EBK's Cash-to-Debt is ranked better than
67.14% of 493 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs XTER:EBK: 0.55

EnBW Energie Baden-Wuerttemberg AG Cash-to-Debt Historical Data

The historical data trend for EnBW Energie Baden-Wuerttemberg AG'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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EnBW Energie Baden-Wuerttemberg AG Cash-to-Debt Chart

EnBW Energie Baden-Wuerttemberg AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.21

0.20

0.58

0.49

0.55

EnBW Energie Baden-Wuerttemberg AG 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															0.49	No Debt	0.50	No Debt	0.55

Competitive Comparison of EnBW Energie Baden-Wuerttemberg AG's Cash-to-Debt

For the Utilities - Diversified subindustry, EnBW Energie Baden-Wuerttemberg AG'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.

EnBW Energie Baden-Wuerttemberg AG's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EnBW Energie Baden-Wuerttemberg AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where EnBW Energie Baden-Wuerttemberg AG's Cash-to-Debt falls into.

EnBW Energie Baden-Wuerttemberg AG 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.

EnBW Energie Baden-Wuerttemberg AG'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)
	=	8879.8	/	(1620.6	+	14558.6)
	=	0.55

EnBW Energie Baden-Wuerttemberg AG'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)
	=	8879.8	/	(1620.6	+	14558.6)
	=	0.55

EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) 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.

EnBW Energie Baden-Wuerttemberg AG Cash-to-Debt Related Terms

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EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EBK:Germany EBK:Germany

Address

Durlacher Allee 93, Karlsruhe, BW, DEU, 76131

Website

https://www.enbw.com

EnBW Energie Baden-Wuerttemberg AG is a German company which is active in the energy sector. It operates in three segments: Smart Infrastructure for Customers, which comprises the sale of electricity and gas, energy industry services and energy solutions, provision and expansion of quick-charging infrastructure and digital solutions for electromobility, broadband activities; System Critical Infrastructure segment is into the transmission and distribution of electricity and gas; and Sustainable Generation Infrastructure segment encompasses activities in the areas of renewable energies and conventional generation, district heating and waste management/environmental services. Geographically it generates majority of revenue from Germany.