EVN AG (WBO:EVN) Cash-to-Debt : 0.16 (As of Dec. 2023)

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What is EVN 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. EVN AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.16.

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, EVN 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 EVN AG's Cash-to-Debt or its related term are showing as below:

WBO:EVN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.23 Max: 0.87
Current: 0.16

During the past 13 years, EVN AG's highest Cash to Debt Ratio was 0.87. The lowest was 0.11. And the median was 0.23.

WBO:EVN's Cash-to-Debt is ranked worse than
60.04% of 498 companies
in the Utilities - Regulated industry
Industry Median: 0.245 vs WBO:EVN: 0.16

EVN AG Cash-to-Debt Historical Data

The historical data trend for EVN 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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EVN AG Cash-to-Debt Chart

EVN AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.32

0.38

0.48

0.31

0.21

EVN 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															0.20	0.17	0.20	0.21	0.16

Competitive Comparison of EVN AG's Cash-to-Debt

For the Utilities - Diversified subindustry, EVN 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.

EVN AG's Cash-to-Debt Distribution in the Utilities - Regulated Industry

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

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

EVN 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.

EVN AG's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	313.8	/	(352	+	1174.7)
	=	0.21

EVN 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)
	=	211.5	/	(293.1	+	1039.4)
	=	0.16

EVN AG (WBO:EVN) 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.

EVN AG Cash-to-Debt Related Terms

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EVN AG (WBO:EVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EVN AG (WBO:EVN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EVNv:UK 0EEI:UK EVN:Germany

Address

EVN Platz, Maria Enzersdorf, AUT, A-2344

Website

https://www.evn.at

EVN AG is an Austrian-based utilities company that generates and distributes electricity and operates in natural gas, waste management, water supply, wastewater treatment and thermal waste utilization service. Evn operates in Austria, Bulgaria, North Macedonia, Croatia, Albania and Germany. The company's operations are divided into segments that include Energy, Generation, Networks, South East Europe, Environment and All Other Segments, out of which South East Europe generates maximum revenue. The company earns majority revenue from Austria.

Executives

Friedrich Bußlehner

Supervisory Board