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Verde Clean Fuels (Verde Clean Fuels) Cash-to-Debt : 30.65 (As of Dec. 2023)


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What is Verde Clean Fuels 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. Verde Clean Fuels's cash to debt ratio for the quarter that ended in Dec. 2023 was 30.65.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Verde Clean Fuels could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

VGAS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28   Med: 12.37   Max: 30.65
Current: 30.65

During the past 4 years, Verde Clean Fuels's highest Cash to Debt Ratio was 30.65. The lowest was 0.28. And the median was 12.37.

VGAS's Cash-to-Debt is ranked better than
92.27% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs VGAS: 30.65

Verde Clean Fuels Cash-to-Debt Historical Data

The historical data trend for Verde Clean Fuels'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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Verde Clean Fuels Cash-to-Debt Chart

Verde Clean Fuels Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
23.36 0.28 1.39 30.65

Verde Clean Fuels Quarterly Data
Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 5.67 5.47 46.85 30.65

Competitive Comparison of Verde Clean Fuels's Cash-to-Debt

For the Utilities - Renewable subindustry, Verde Clean Fuels'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.

Verde Clean Fuels's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Verde Clean Fuels's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Verde Clean Fuels's Cash-to-Debt falls into.


Verde Clean Fuels 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.

Verde Clean Fuels'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)
=28.779 / (0.297 + 0.642)
=30.65

Verde Clean Fuels'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)
=28.779 / (0.297 + 0.642)
=30.65

* 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.

Verde Clean Fuels  (NAS:VGAS) 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.

Verde Clean Fuels Cash-to-Debt Related Terms

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

Verde Clean Fuels (Verde Clean Fuels) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verde Clean Fuels Inc (NAS:VGAS) » Definitions » Cash-to-Debt
Comparable Companies
ELIQ WNDW CLNV ASRE ADN FNEC BNRG HTOO HLGN CREG CEG ISX:BREN WBO:VER XPRA:CEZ OCSE:ORSTED SHSE:600025 SHSE:600905 BOM:541450 SZSE:001289 XLIS:EDPR
Traded in Other Exchanges
N/A
Address
600 Travis Street, Suite 5050, Houston, TX, USA, 77002
Website
https://www.verdecleanfuels.com
Verde Clean Fuels Inc is a renewable energy company specializing in the conversion of synthesis gas, or syngas, derived from diverse feedstocks, such as biomass, MSW and mixed plastics, as well as natural gas (including synthetic natural gas) and other feedstocks, into liquid hydrocarbons that can be used as gasoline through an innovative and proprietary liquid fuels technology, the STG process.
Executives
J Russell Porter 10 percent owner 1331 LAMAR STREET SUITE 1080, HOUSTON TX 77010
Connally John B Iii 10 percent owner 16MARCUS CO, 1600 ROCKCLIFF ROAD, AUSTIN TX 78746
Cenaq Sponsor Llc. 10 percent owner 4550 POST OAK PLACE DRIVE, SUITE 300, HOUSTON TX 77027
Michael J Mayell 10 percent owner C/O MERIDIAN RESOURCE CORP, 1401 ENCLAVE PARKWAY #300, HOUSTON TX 77077
Martijn Dekker director 600 TRAVIS STREET, HOUSTON TX 77002
Cottonmouth Ventures Llc 10 percent owner 500 WEST TEXAS AVE., SUITE 100, MIDLAND TX 79701
John R. Doyle officer: Chief Technology Officer 600 TRAVIS STREET, SUITE 5050, HOUSTON TX 77002
Ernest B. Miller officer: CEO and Interim CFO 600 TRAVIS STREET, SUITE 5050, HOUSTON TX 77002
Bluescape Clean Fuels Holdings, Llc 10 percent owner 300 CRESCENT COURT, SUITE 1860, DALLAS TX 75201
Claire Dail St. director 300 EAST 57TH STREET, NEW YORK NY 10022
Bluescape Energy Recapitalization & Restructuring Fund Iv Lp 10 percent owner 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Diamondback Energy E&p Llc 10 percent owner 14301 CALIBER DRIVE, SUITE 300, OKLAHOMA CITY OK 73134
Hoff Graham Vant director C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Jonathan A Siegler director 1601 BRYAN STREET, DALLAS TX 75201
Duncan Palmer director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659