TPI Polene Power PCL (BKK:TPIPP) Cash-to-Debt : 0.17 (As of Mar. 2024)

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What is TPI Polene Power PCL 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. TPI Polene Power PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.17.

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, TPI Polene Power PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for TPI Polene Power PCL's Cash-to-Debt or its related term are showing as below:

BKK:TPIPP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.27 Max: No Debt
Current: 0.17

During the past 10 years, TPI Polene Power PCL's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.27.

BKK:TPIPP's Cash-to-Debt is ranked worse than
55.24% of 429 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs BKK:TPIPP: 0.17

TPI Polene Power PCL Cash-to-Debt Historical Data

The historical data trend for TPI Polene Power PCL'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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TPI Polene Power PCL Cash-to-Debt Chart

TPI Polene Power PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.42

0.24

0.27

0.19

TPI Polene Power PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.29	0.28	0.24	0.19	0.17

Competitive Comparison of TPI Polene Power PCL's Cash-to-Debt

For the Utilities - Renewable subindustry, TPI Polene Power PCL'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.

TPI Polene Power PCL's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TPI Polene Power PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where TPI Polene Power PCL's Cash-to-Debt falls into.

TPI Polene Power PCL 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.

TPI Polene Power PCL'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)
	=	4419.304	/	(4040.053	+	19632.384)
	=	0.19

TPI Polene Power PCL's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	3969.052	/	(4039.4	+	19568.759)
	=	0.17

TPI Polene Power PCL (BKK:TPIPP) 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.

TPI Polene Power PCL Cash-to-Debt Related Terms

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

TPI Polene Power PCL (BKK:TPIPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TPI Polene Power PCL (BKK:TPIPP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

http://www.tpipolenepower.co.th

TPI Polene Power PCL is engaged in manufacturing and distributing electricity and refuse-derived fuel, organics waste and distributing diesel and natural gas. The company is engaged in two segments which are Energy and utilities, Petrol and gas stations. Geographically, the company operates in Thailand.

TPI Polene Power PCL (BKK:TPIPP) Headlines

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