West Marine (West Marine) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2017)

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What is West Marine 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. West Marine's cash to debt ratio for the quarter that ended in Jun. 2017 was No Debt ⁽¹⁾.

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, West Marine could pay off its debt using the cash in hand for the quarter that ended in Jun. 2017.

(1) 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.

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

WMAR's Cash-to-Debt is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 0.47
* Ranked among companies with meaningful Cash-to-Debt only.

West Marine Cash-to-Debt Historical Data

The historical data trend for West Marine'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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West Marine Cash-to-Debt Chart

West Marine Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

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No Debt

West Marine Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of West Marine's Cash-to-Debt

For the Specialty Retail subindustry, West Marine'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.

West Marine's Cash-to-Debt Distribution in the Retail - Cyclical Industry

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

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

West Marine 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.

West Marine's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

West Marine had no debt ⁽¹⁾.

West Marine's Cash to Debt Ratio for the quarter that ended in Jun. 2017 is calculated as:

West Marine had no debt ⁽¹⁾.

West Marine (NAS:WMAR) 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.

West Marine Cash-to-Debt Related Terms

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West Marine (West Marine) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » West Marine Inc (NAS:WMAR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.westmarine.com

West Marine Inc is a specialty retailer offering core boating and water recreation products. The company's core boating products include maintenance, electronics, sailboat hardware, anchors/docking/moorings, engine systems, safety, electrical, plumbing, boats/outboards, ventilation, deck hardware/fasteners, navigation, trailering, seating/boat covers and barbecues/appliances. Its merchandise expansion products include apparel, footwear, clothing accessories, fishing, watersports, paddlesports, coolers, and waterlife lifestyle accessories. Most of the company's revenue comes from its core boating products.

Executives

Christiana Smith Shi	director	500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Dennis F Madsen	director	19300 INTERNATIONAL BLVD S, SEATTLE WA 98188
Robert D Olsen	director	123 S FRONT STREET, MEMPHIS TN 38103
Barbara L Rambo	director	2425 GREEN STREET, SAN FRANCISCO CA 94123
Jeff Lasher	officer: Chief Financial Officer	500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Nordstrom James F Jr	director	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Matthew L Hyde	director, officer: Chief Executive Officer	C/O REI, 6750 SOUTH 228TH ST., KENT WA 98032
Thomas R Moran	officer: Chief Financial Officer	C/O WEST MARINE, 500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Peter Roy	director	C/O WESTMARINE,, 500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
William U Westerfield	director	C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Diane B Greene	director	C/O ALPHABET INC.,, 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043

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West Marine (West Marine) Cash-to-Debt : No Debt (1) (As of Jun. 2017)