Union Gas (TSX:UNG.PR.D.PFD) Cash-to-Debt : 0.00 (As of . 20)

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What is Union Gas 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. Union Gas's cash to debt ratio for the quarter that ended in . 20 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, Union Gas couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

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

TSX:UNG.PR.D.PFD's Cash-to-Debt is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.25
* Ranked among companies with meaningful Cash-to-Debt only.

Union Gas Cash-to-Debt Historical Data

The historical data trend for Union Gas'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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Union Gas Cash-to-Debt Chart

Union Gas Annual Data

Trend

Cash-to-Debt

Union Gas Quarterly Data

Cash-to-Debt

Competitive Comparison of Union Gas's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Union Gas'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.

Union Gas's Cash-to-Debt Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Union Gas's Cash-to-Debt falls into.

Union Gas 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.

Union Gas's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

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

Union Gas's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

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

Union Gas (TSX:UNG.PR.D.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.

Union Gas Cash-to-Debt Related Terms

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Union Gas (TSX:UNG.PR.D.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Union Gas Ltd (TSX:UNG.PR.D.PFD) » Definitions » Cash-to-Debt

Comparable Companies

TSXV:CFY TSX:VNR

Traded in Other Exchanges

N/A

Address

50 Keil Drive North, Chatham, ON, CAN, N7M 5M1

Website

http://www.uniongas.com

Union Gas Ltd provides natural gas storage, distribution, and transmission services in Canada. It owns and operates natural gas distribution, storage and transmission facilities in Ontario. The company distributes natural gas to customers in northern, southwestern and eastern Ontario, and provides natural gas storage and transportation services to other utilities and energy market participants. The distribution business serves approximately 1.4 million residential, commercial and industrial customers in over 400 communities across northern, southwestern and eastern Ontario. Union Gas' storage and transmission business offer a range of storage and transportation services to customers at the Dawn Hub (Dawn).

Union Gas (TSX:UNG.PR.D.PFD) Headlines

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