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Bon-Ton Stores Inc (NAS:BONT)
Cash to Debt Ratio
0.01 (As of Jul. 2016)

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. Bon-Ton Stores Inc's cash to debt ratio for the quarter that ended in Jul. 2016 was 0.01.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Bon-Ton Stores Inc couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2016.

BONT' s Cash to Debt Range Over the Past 10 Years
Min: 0.01   Max: 0.26
Current: 0.01

0.01
0.26

During the past 13 years, Bon-Ton Stores Inc's highest Cash to Debt Ratio was 0.26. The lowest was 0.01. And the median was 0.02.

BONT's Cash to Debt is ranked lower than
99% of the 949 Companies
in the Global Department Stores industry.

( Industry Median: 0.72 vs. BONT: 0.01 )

Definition

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Bon-Ton Stores Inc's Cash to Debt Ratio for the fiscal year that ended in Jan. 2016 is calculated as:

Bon-Ton Stores Inc's Cash to Debt Ratio for the quarter that ended in Jul. 2016 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Cash and Cash Equivalents (For Banks and Insurance Companies), Cash, Cash Equivalents, Marketable Securities, Interest Coverage


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bon-Ton Stores Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
cash2debt 0.020.020.020.020.020.020.010.010.010.01

Bon-Ton Stores Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
cash2debt 0.010.010.010.010.020.020.010.010.010.01
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