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Delhaize Group (Delhaize Group) Cash-to-Debt : 0.62 (As of Mar. 2016)


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What is Delhaize 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. Delhaize Group's cash to debt ratio for the quarter that ended in Mar. 2016 was 0.62.

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, Delhaize Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2016.

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

DEG's Cash-to-Debt is not ranked *
in the Retail - Defensive industry.
Industry Median: 0.45
* Ranked among companies with meaningful Cash-to-Debt only.

Delhaize Group Cash-to-Debt Historical Data

The historical data trend for Delhaize 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.

* Premium members only.

Delhaize Group Cash-to-Debt Chart

Delhaize Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.32 0.47 0.64 0.72

Delhaize Group Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.61 0.58 0.72 0.62

Competitive Comparison of Delhaize Group's Cash-to-Debt

For the Grocery Stores subindustry, Delhaize 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.

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

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

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


Delhaize 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.

Delhaize Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
=1971.678 / (92.593 + 2645.969)
=0.72

Delhaize Group's Cash to Debt Ratio for the quarter that ended in Mar. 2016 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)
=1674.833 / (91.314 + 2615.813)
=0.62

* 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.

Delhaize Group  (NYSE:DEG) 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.

Delhaize Group Cash-to-Debt Related Terms

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Delhaize Group (Delhaize Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Delhaize Group SA (NYSE:DEG) » Definitions » Cash-to-Debt
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Website
http://www.delhaizegroup.com
Delhaize Group SA was founded in Belgium in 1867. It operates food supermarkets. Its conducts its retail operations through its businesses in the United States; Belgium and the Grand Duchy of Luxembourg, collectively as Delhaize Belgium; Greece, Romania and Serbia, collectively as Southeastern Europe; and Indonesia. Its store network also includes other store formats such as proximity, cash and carry and specialty stores. Its competitors include international, national, regional and local supermarket chains, supercenters, independent grocery stores, specialty food stores, warehouse club stores, retail drug chains, convenience stores, membership clubs, general merchandisers, discount retailers and restaurants. Food retail chains generally compete on the basis of location, quality of products, service, price, product variety, store condition and e-commerce offer. The Company's brands include Delhaize, Taste of Inspirations, 365, Care, Delhaize Eco and Delhaize Bio.