McColl's Retail Group (LSE:MCLS) Cash-to-Debt : 0.10 (As of May. 2021)

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What is McColl's Retail 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. McColl's Retail Group's cash to debt ratio for the quarter that ended in May. 2021 was 0.10.

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, McColl's Retail Group couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2021.

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

LSE:MCLS's Cash-to-Debt is not ranked ^*
in the Retail - Defensive industry.
Industry Median: 0.43
* Ranked among companies with meaningful Cash-to-Debt only.

McColl's Retail Group Cash-to-Debt Historical Data

The historical data trend for McColl's Retail 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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McColl's Retail Group Cash-to-Debt Chart

McColl's Retail Group Annual Data

Trend

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Cash-to-Debt

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0.09

0.23

0.28

0.08

McColl's Retail Group Semi-Annual Data
	Nov11	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21
Cash-to-Debt	Get a 7-Day Free Trial														0.29	0.28	0.20	0.08	0.10

Competitive Comparison of McColl's Retail Group's Cash-to-Debt

For the Grocery Stores subindustry, McColl's Retail 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.

McColl's Retail Group's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, McColl's Retail Group's Cash-to-Debt distribution charts can be found below:

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

McColl's Retail 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.

McColl's Retail Group's Cash to Debt Ratio for the fiscal year that ended in Nov. 2020 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)
	=	23.2	/	(32.3	+	272.7)
	=	0.08

McColl's Retail Group's Cash to Debt Ratio for the quarter that ended in May. 2021 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)
	=	31.4	/	(31.1	+	292.4)
	=	0.10

McColl's Retail Group (LSE:MCLS) 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.

McColl's Retail Group Cash-to-Debt Related Terms

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McColl's Retail Group (LSE:MCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » McColl's Retail Group PLC (LSE:MCLS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

One London Road, Ground Floor West, Brentwood, Essex, GBR, CM14 4QW

Website

https://www.mccolls.co.uk

McColl's Retail Group PLC is a retailer operator of convenience and newsagent stores. The company's products and services include everyday groceries, milk, baked beans, fruit pots, snacks, and ready meals, Lotto, Paypoint, and beers, wines, and spirits. The group operates more than 800 convenience stores and approximately 400 newsagent stores. It derives most of the revenue from convenience stores.

McColl's Retail Group (LSE:MCLS) Headlines

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