Bemis Co (Bemis Co) Cash-to-Debt : 0.04 (As of Mar. 2019)

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What is Bemis Co 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. Bemis Co's cash to debt ratio for the quarter that ended in Mar. 2019 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, Bemis Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2019.

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

BMS's Cash-to-Debt is not ranked ^*
in the Packaging & Containers industry.
Industry Median: 0.41
* Ranked among companies with meaningful Cash-to-Debt only.

Bemis Co Cash-to-Debt Historical Data

The historical data trend for Bemis Co'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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Bemis Co Cash-to-Debt Chart

Bemis Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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0.04

0.05

0.06

Bemis Co Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.03	0.04	0.06	0.04

Competitive Comparison of Bemis Co's Cash-to-Debt

For the Packaging & Containers subindustry, Bemis Co'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.

Bemis Co's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bemis Co's Cash-to-Debt distribution charts can be found below:

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

Bemis Co 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.

Bemis Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	76.1	/	(12	+	1348.6)
	=	0.06

Bemis Co's Cash to Debt Ratio for the quarter that ended in Mar. 2019 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)
	=	57.7	/	(14.4	+	1395)
	=	0.04

Bemis Co (NYSE:BMS) 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.

Bemis Co Cash-to-Debt Related Terms

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Bemis Co (Bemis Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bemis Co Inc (NYSE:BMS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2301 Industrial Drive, Neenah, WI, USA, 54957-0669

Website

http://www.bemis.com

Bemis manufactures flexible packaging, primarily for the food industry, but also for the medical and consumer product industries. In coming years, we expect the company to look to make bolt-on acquisitions and invest in higher-end packaging technologies.

Executives

Deursen Holly Van	director	21211 NORDHOFF STREET, CHATSWORTH CA 91311
William E Jackson	officer: Senior Vice President	ONE NEENAH CENTER, 4TH FLOOR P.O. BOX 669 NEENAH WI 54957
Adele M. Gulfo	director	ONE NEENAH CENTER, 4TH FLOOR, P.O. BOX 669, NEENAH WI 54957
William F. Austen	director, officer: President & CEO	222 SOUTH 9TH STREET, SUITE 2300, MINNEAPOLIS MN 55402-4099
Robert H Yanker	director	3505 RIVERLY ROAD, ATLANTA GA 30327
Michael B Clauer	officer: Senior Vice President
Marran H. Ogilvie	director	599 LEXINGTON AVENUE, NEW YORK NY 10022
Philip G Weaver	director	COOPER TIRE & RUBBER CO, 701 LIMA AVE, FINDLAY OH 45840
Arun Nayar	director	9 MARSHAL LANE, WESTON CT 06883
Louis Fred Stephan	officer: President Bemis North America	2301 INDUSTRIAL DRIVE, NEENAH WI 54956
David T Szczupak	director	WHIRLPOOL CORPORATION, 2000 M63N, BENTON HARBOR MI 49022
Sheri H. Edison	officer: Chief Legal Officer	1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Timothy Manganello	director, other: Chairman of the Board	3850 HAMLIN RD., AUBURN HILLS MI 48326
David S Haffner	director
Guillermo Novo	director	AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195