Goodwin (LSE:GDWN) Cash-to-Debt : 0.19 (As of Oct. 2023)

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What is Goodwin 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. Goodwin's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.19.

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, Goodwin couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

LSE:GDWN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.28 Max: 0.63
Current: 0.19

During the past 13 years, Goodwin's highest Cash to Debt Ratio was 0.63. The lowest was 0.13. And the median was 0.28.

LSE:GDWN's Cash-to-Debt is ranked worse than
84.99% of 2999 companies
in the Industrial Products industry
Industry Median: 1.18 vs LSE:GDWN: 0.19

Goodwin Cash-to-Debt Historical Data

The historical data trend for Goodwin'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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Goodwin Cash-to-Debt Chart

Goodwin Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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0.31

0.35

0.47

0.30

0.40

Goodwin Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															0.25	0.30	0.15	0.40	0.19

Competitive Comparison of Goodwin's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Goodwin'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.

Goodwin's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goodwin's Cash-to-Debt distribution charts can be found below:

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

Goodwin 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.

Goodwin's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	21.324	/	(6.729	+	47.256)
	=	0.39

Goodwin's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	13.404	/	(13.942	+	55.357)
	=	0.19

Goodwin (LSE:GDWN) 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.

Goodwin Cash-to-Debt Related Terms

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Goodwin (LSE:GDWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Goodwin PLC (LSE:GDWN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GDWNl:UK GDWN.GB:UK

Address

Ivy House Foundry, Hanley, Stoke-on-Trent, Staffordshire, GBR, ST1 3NR

Website

https://www.goodwin.co.uk

Goodwin PLC is a mechanical component manufacturing company. Its operating segments are the Mechanical Engineering Segment which includes casting, valve, antenna, and pump manufacturer and general engineering, and the Refractory Engineering Segment which consists of powder manufacture and mineral processing. The company generates the majority of its revenue from the Mechanical Engineering Segment. Geographically it has its presence in the UK, the USA, the Pacific Basin, the Rest of Europe, and the Rest of the World.

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