WSI Industries (WSI Industries) Cash-to-Debt : 0.00 (As of Aug. 2018)

View and export this data going back to 1970. Start your Free Trial

What is WSI Industries 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. WSI Industries's cash to debt ratio for the quarter that ended in Aug. 2018 was 0.00.

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, WSI Industries couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2018.

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

WSCI's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.22
* Ranked among companies with meaningful Cash-to-Debt only.

WSI Industries Cash-to-Debt Historical Data

The historical data trend for WSI Industries'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.

WSI Industries Cash-to-Debt Chart

WSI Industries Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Cash-to-Debt

Get a 7-Day Free Trial

0.32

0.42

0.45

0.85

WSI Industries Quarterly Data
	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18
Cash-to-Debt	Get a 7-Day Free Trial															0.85	0.79	0.56	0.64	-

Competitive Comparison of WSI Industries's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, WSI Industries'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.

WSI Industries's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WSI Industries's Cash-to-Debt distribution charts can be found below:

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

WSI Industries 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.

WSI Industries's Cash to Debt Ratio for the fiscal year that ended in Aug. 2018 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)
	=	0	/	(0	+	5.848)
	=	0.00

WSI Industries's Cash to Debt Ratio for the quarter that ended in Aug. 2018 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)
	=	0	/	(0	+	5.848)
	=	0.00

WSI Industries (NAS:WSCI) 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.

WSI Industries Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of WSI Industries's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

WSI Industries (WSI Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » WSI Industries Inc (NAS:WSCI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.wsiindustries.com

WSI Industries Inc was incorporated in Minnesota in 1950 for the purpose of performing precision contract machining for the aerospace, communication, and industrial markets. It is engaged in machining work for the aerospace/avionics/defense industries, recreational powersports vehicles (ATV and motorcycle) markets, energy industry and bioscience industry. The Company manufactures metal components in medium to high volumes requiring tolerances as close as one ten-thousandth of an inch. These components are manufactured in accordance with customer specifications using materials both purchased by the Company as well as being supplied by its customer.

Executives