Halfords Group (Halfords Group) Cash-to-Debt : 0.04 (As of Sep. 2023)

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What is Halfords 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. Halfords Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.04.

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, Halfords Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HLFDY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.18 Max: 0.29
Current: 0.04

During the past 13 years, Halfords Group's highest Cash to Debt Ratio was 0.29. The lowest was 0.04. And the median was 0.18.

HLFDY's Cash-to-Debt is ranked worse than
91.04% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs HLFDY: 0.04

Halfords Group Cash-to-Debt Historical Data

The historical data trend for Halfords 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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Halfords Group Cash-to-Debt Chart

Halfords Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.05

0.19

0.18

0.11

0.10

Halfords Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.27	0.11	0.18	0.10	0.04

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

For the Specialty Retail subindustry, Halfords 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.

Halfords Group's Cash-to-Debt Distribution in the Retail - Cyclical Industry

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

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

Halfords 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.

Halfords Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	47.087	/	(105.947	+	368.083)
	=	0.10

Halfords Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	18.564	/	(106.064	+	374.752)
	=	0.04

Halfords Group (OTCPK:HLFDY) 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.

Halfords Group Cash-to-Debt Related Terms

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Halfords Group (Halfords Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Halfords Group PLC (OTCPK:HLFDY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HLFDF:USA HFDl:UK HFD:UK

Address

Icknield Street Drive, Washford West, Redditch, Worcestershire, GBR, B98 0DE

Website

https://www.halfordscompany.com

Halfords Group PLC is a British retailer of automotive and cycling products. The company also provides repair services. The company operates retail stores and auto centers in the United Kingdom and Ireland, and it participates in online retail as well. The business is divided into two segments: retail and auto centers. The retail segment operates retail outlets for its automotive, leisure, and cycling products. The auto centers segment operates centers for car servicing and repair in the U.K. Halfords' key cycling brands include Apollo, Carrera, and Boardman, but the company offers third-party bike brands as well.