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Alphabet Inc (NAS:GOOG)
Cash to Debt Ratio
18.67 (As of Jun. 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. Alphabet Inc's cash to debt ratio for the quarter that ended in Jun. 2016 was 18.67.

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, Alphabet Inc could pay off its debt using the cash in hand for the quarter that ended in Jun. 2016.

GOOG' s Cash to Debt Range Over the Past 10 Years
Min: 6.95   Max: 763014.7
Current: 18.67

6.95
763014.7

During the past 13 years, Alphabet Inc's highest Cash to Debt Ratio was 763014.70. The lowest was 6.95. And the median was 861.34.

GOOG's Cash to Debt is ranked higher than
52% of the 367 Companies
in the Global Internet Content & Information industry.

( Industry Median: 12.90 vs. GOOG: 18.67 )

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.

Alphabet Inc'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 + Long-Term Debt) = 73066 / (3225 + 1995) = 14.00

Alphabet Inc's Cash to Debt Ratio for the quarter that ended in Jun. 2016 is calculated as:

 Cash to Debt Ratio = Cash, Cash Equivalents, Marketable Securities / Total Debt = Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt + Long-Term Debt) = 78460 / (2219 + 1984) = 18.67

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Alphabet Inc Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 cash2debt No Debt No Debt No Debt No Debt 10.09 10.62 8.69 11.20 12.30 14.00

Alphabet Inc Quarterly Data

 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 cash2debt 9.51 11.68 11.86 12.30 12.50 13.34 13.91 14.00 14.45 18.67
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