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. PPL's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.
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, PPL 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 PPL's Cash-to-Debt or its related term are showing as below:
PPL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.32
Current: 0.02
During the past 13 years, PPL's highest Cash to Debt Ratio was 0.32. The lowest was 0.02. And the median was 0.03.
PPL Cash-to-Debt Historical Data
The historical data trend for PPL'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.
|
PPL Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.04 |
0.03 |
0.32 |
0.03 |
0.02 |
|
PPL 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.03 |
0.03 |
0.02 |
0.02 |
0.02 |
Competitive Comparison
For the Utilities - Regulated Electric subindustry, PPL'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.
PPL Cash-to-Debt Distribution
For the Utilities - Regulated industry and Utilities sector, PPL's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where PPL's Cash-to-Debt falls into.
PPL 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.
PPL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
PPL's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* 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.
PPL (PPL) Business Description
Traded in Other Exchanges
Address
Two North Ninth Street, Allentown, PA, USA, 18101-1179
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island.
Executives
| Tadd J Henninger |
officer: Vice President and Treasurer |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Crockett John R Iii |
officer: President of a PPL Subsidiary |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| David J Bonenberger |
officer: President of a PPL Subsidiary |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Linda G Sullivan |
director |
P.O.BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770 |
| Francis X Sullivan |
officer: EVP and COO |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Bergstein Joseph P Jr |
officer: VP-IR and Treasurer |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Vincent Sorgi |
officer: Vice President and Controller |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Stephanie R Raymond |
officer: President of a PPL Subsidiary |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Gregory N Dudkin |
officer: President of a PPL Subsidiary |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Angela K Gosman |
officer: SVP and CHRO |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Heather B Redman |
director |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Wendy E Stark |
officer: SVP, GC and Corp Sec |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Joanne H Raphael |
officer: SVP, GC & Corp Sec |
TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
| Art P Beattie |
director |
600 NORTH 18TH STREET, BIRMINGHAM AL 35291 |
| William H Spence |
officer: Executive VP and COO |
UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066 |
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