Southland Holdings (Southland Holdings) Cash-to-Debt : 0.15 (As of Dec. 2023)

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What is Southland Holdings 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. Southland Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

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

SLND' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.17 Max: 0.23
Current: 0.15

During the past 5 years, Southland Holdings's highest Cash to Debt Ratio was 0.23. The lowest was 0.13. And the median was 0.17.

SLND's Cash-to-Debt is ranked worse than
80.55% of 1671 companies
in the Construction industry
Industry Median: 0.62 vs SLND: 0.15

Southland Holdings Cash-to-Debt Historical Data

The historical data trend for Southland Holdings'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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Southland Holdings Cash-to-Debt Chart

Southland Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

0.13

0.23

0.19

0.15

Southland Holdings Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								0.19	0.09	0.13	0.10	0.15

Competitive Comparison of Southland Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Southland Holdings'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.

Southland Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Southland Holdings's Cash-to-Debt distribution charts can be found below:

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

Southland Holdings 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.

Southland Holdings'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)
	=	49.176	/	(62.535	+	257.152)
	=	0.15

Southland Holdings'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)
	=	49.176	/	(62.535	+	257.152)
	=	0.15

Southland Holdings (AMEX:SLND) 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.

Southland Holdings Cash-to-Debt Related Terms

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

Southland Holdings (Southland Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Southland Holdings Inc (AMEX:SLND) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Kubota Drive, Grapevine, TX, USA, 76051

Website

https://www.southlandholdings.com

Southland Holdings Inc is an infrastructure construction company in North America. The company's infrastructure projects range from water conveyance systems and tunnels to long-span bridges and vertical structures.

Executives

Frankie S. Renda	director, 10 percent owner, officer: PRESIDENT AND CEO	1100 KUBOTA DR., GRAPEVINE TX 76051
Rudolph V. Renda	10 percent owner, officer: CO-COO AND EVP	1100 KUBOTA DR., GRAPEVINE TX 76051
Mario Enrique Ramirez	director	822 JENNIFER COURT, HIGHLAND VILLAGE TX 75077
Izilda P Martins	director	6 SYLVAN WAY, PARSIPPANY NJ 07054
Michael Kyle Burtnett	director	2811 TYLER ST., SOUTHLAKE TX 76092
Walter Timothy Winn	director, 10 percent owner, officer: CO-COO AND EVP	1100 KUBOTA DR., GRAPEVINE TX 76051
Gallarda Cody	officer: CFO, EVP and Treasurer	3889 LADERA HEIGHTS BLVD., FRISCO TX 75034
Frank Renda 2015 Irrevocable Trust	10 percent owner	3700 SCENIC VIEW DR., FLOWER MOUND TX 75022
Ryan E Hummer	director	C/O LEGATO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
John Ing	director	C/O LEGATO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Craig L Martin	director	3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Adam H Jaffe	officer: CFO & Corporate Secretary	C/O ALLEGRO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Dana Blair Baker	director	200 CRESCENT COURT, SUITE 1450, DALLAS TX 75201
Gregory R Monahan	director, officer: CEO	777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Brian Pratt	director, other: Non-Executive Chairman	5950 BERKSHIRE LANE, SUITE 800, DALLAS TX 75225