The Connecticut Light & Power Co (The Connecticut Light & Power Co) Cash-to-Debt : 0.00 (As of Dec. 2019)

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What is The Connecticut Light & Power 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. The Connecticut Light & Power Co's cash to debt ratio for the quarter that ended in Dec. 2019 was 0.00.

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, The Connecticut Light & Power Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2019.

The historical rank and industry rank for The Connecticut Light & Power Co's Cash-to-Debt or its related term are showing as below:

CNLPM.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: No Debt
Current: 0.01

During the past 13 years, The Connecticut Light & Power Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.07.

CNLPM.PFD's Cash-to-Debt is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.25 vs CNLPM.PFD: 0.01

The Connecticut Light & Power Co Cash-to-Debt Historical Data

The historical data trend for The Connecticut Light & Power 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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The Connecticut Light & Power Co Cash-to-Debt Chart

The Connecticut Light & Power Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

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0.03

The Connecticut Light & Power Co Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Cash-to-Debt	Get a 7-Day Free Trial															0.03	-	-	-	-

Competitive Comparison of The Connecticut Light & Power Co's Cash-to-Debt

For the Utilities - Regulated Electric subindustry, The Connecticut Light & Power 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.

The Connecticut Light & Power Co's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The Connecticut Light & Power Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where The Connecticut Light & Power Co's Cash-to-Debt falls into.

The Connecticut Light & Power 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.

The Connecticut Light & Power Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
	=	0	/	(63.8	+	3518.136)
	=	0.00

The Connecticut Light & Power Co's Cash to Debt Ratio for the quarter that ended in Dec. 2019 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)
	=	0	/	(63.8	+	3518.136)
	=	0.00

The Connecticut Light & Power Co (OTCPK:CNLPM.PFD) 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.

The Connecticut Light & Power Co Cash-to-Debt Related Terms

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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » The Connecticut Light & Power Co (OTCPK:CNLPM.PFD) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

107 Selden Street, Berlin, CT, USA, 06037-1616

Website

https://www.eversource.com

The Connecticut Light & Power Co is a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut. Its business consists of purchase, delivery, and sale of electricity to customers.

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