Werner Enterprises (Werner Enterprises) Cash-to-Debt

: 0.10 (As of Dec. 2023)

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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. Werner Enterprises's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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

WERN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.14 Max: 0.42
Current: 0.1

During the past 13 years, Werner Enterprises's highest Cash to Debt Ratio was 0.42. The lowest was 0.09. And the median was 0.14.

WERN's Cash-to-Debt is ranked worse than
84.25% of 965 companies
in the Transportation industry
Industry Median: 0.49 vs WERN: 0.10

Werner Enterprises Cash-to-Debt Historical Data

The historical data trend for Werner Enterprises'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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Werner Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.09

0.15

0.13

0.16

0.10

Werner Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.19	0.07	0.06	0.10

Competitive Comparison

For the Trucking subindustry, Werner Enterprises'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.

Werner Enterprises Cash-to-Debt Distribution

For the Transportation industry and Industrials sector, Werner Enterprises's Cash-to-Debt distribution charts can be found below:

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

Werner Enterprises 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.

Werner Enterprises'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)
	=	61.723	/	(2.5	+	646.25)
	=	0.10

Werner Enterprises'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)
	=	61.723	/	(2.5	+	646.25)
	=	0.10

Werner Enterprises (NAS:WERN) 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.

Werner Enterprises Cash-to-Debt Related Terms

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Werner Enterprises (Werner Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Werner Enterprises Inc (NAS:WERN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WE1:Germany

Address

14507 Frontier Road, Post Office Box 45308, Omaha, NE, USA, 68145-0308

Website

https://www.werner.com

Werner Enterprises Inc ranks among the top five full-truckload carriers by revenue, with a fleet of more than 7,800 tractors, including owner-operators. The company has two reportable segments - TTS and Werner Logistics. It derives about 80% of its top line from a wide array of full-truckload shipping services (including dedicated contract carriage; roughly 20% comes from non-asset based logistics operations, including truck brokerage.

Executives

Michelle D. Greene	director	1141 N. OLD WORLD 3RD STREET, UNIT # 2414, MILWAUKEE WI 53203
Christopher D Wikoff	officer: Exec VP - Treasurer & CFO	P.O. BOX 45308, OMAHA NE 68145
Eric J Downing	officer: Exec VP and COO	P.O. BOX 45308, OMAHA NE 68145
Carmen A Tapio	director	P.O. BOX 45308, OMAHA NE 68145
Michelle Dye Livingstone	director	P.O. BOX 45308, OMAHA NE 68145
Scott C Arves	director	SCHNEIDER NATIONAL, INC., P.O. BOX 2545, GREEN BAY WI 54306
Alexi Wellman	director	ALTABA, 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK NY 10017
Vikram Mansharamani	director	P.O. BOX 45308, OMAHA NE 68145
Jim S Schelbe	officer: Vice President - Sales	C/O WERNER ENTERPRISES INC, PO BO X45308, OMAHA NE 68415-0308
H Marty Nordlund	officer: Senior VP-Specialized Services	PO BOX 45308, OMAHA NE 68145-0308
Derek J Leathers	officer: Senior VP - Van	PO BOX 45308, OMAHA NE 68145-0308
Craig T Callahan	officer: VP Logistics & Corporate Sales	P.O. BOX 45308, OMAHA NE 68145
Clarence L Werner	director, 10 percent owner, officer: Chief Executive Officer	PO BOX 45308, OMAHA NE 68145
Daragh P Mahon	officer: Executive Vice President & CIO	P.O. BOX 45308, OMAHA NE 68145
James Lynn Johnson	officer: Vice President - Controller	PO BOX 45308, OMAHA NE 68145-0308