Naturgy Energy Group (XMAD:NTGY) Cash-to-Debt : 0.26 (As of Dec. 2023)

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What is Naturgy Energy Group 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. Naturgy Energy Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.26.

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, Naturgy Energy Group 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 Naturgy Energy Group's Cash-to-Debt or its related term are showing as below:

XMAD:NTGY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.18 Max: 0.27
Current: 0.26

During the past 13 years, Naturgy Energy Group's highest Cash to Debt Ratio was 0.27. The lowest was 0.11. And the median was 0.18.

XMAD:NTGY's Cash-to-Debt is ranked better than
52.12% of 495 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs XMAD:NTGY: 0.26

Naturgy Energy Group Cash-to-Debt Historical Data

The historical data trend for Naturgy Energy Group'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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Naturgy Energy Group Cash-to-Debt Chart

Naturgy Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.17

0.26

0.27

0.26

Naturgy Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.26	0.30	0.27	0.31	0.26

Competitive Comparison of Naturgy Energy Group's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Naturgy Energy Group'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.

Naturgy Energy Group's Cash-to-Debt Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Naturgy Energy Group's Cash-to-Debt falls into.

Naturgy Energy Group 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.

Naturgy Energy Group'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)
	=	4121	/	(2530	+	13425)
	=	0.26

Naturgy Energy Group'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)
	=	4121	/	(2530	+	13425)
	=	0.26

Naturgy Energy Group (XMAD:NTGY) 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.

Naturgy Energy Group Cash-to-Debt Related Terms

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

Naturgy Energy Group (XMAD:NTGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Naturgy Energy Group SA (XMAD:NTGY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GASNY:USA GASNF:USA NTGYe:UK 0NPV:UK GAN:Germany

Address

Avenida de Avenida de America 38, Madrid, ESP

Website

https://www.naturgy.com

Naturgy stems from the acquisition of Union Fenosa in 2008. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain and is the leader in retail gas supply. The company also owns and operates gas and electricity distribution networks in Latin America. The company owns 16.20 GW of generation capacity including 3.30 GW of wind and solar.

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