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. Graco's cash to debt ratio for the quarter that ended in Dec. 2023 was 10.75.
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, Graco could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for Graco's Cash-to-Debt or its related term are showing as below:
GGG'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.9 Max: 10.75
Current: 10.75
During the past 13 years, Graco's highest Cash to Debt Ratio was 10.75. The lowest was 0.13. And the median was 0.90.
Graco Cash-to-Debt Historical Data
The historical data trend for Graco'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.
|
Graco Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
1.08 |
1.78 |
2.76 |
2.68 |
10.75 |
|
Graco 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2.68 |
2.68 |
3.39 |
9.24 |
10.75 |
Competitive Comparison
For the Specialty Industrial Machinery subindustry, Graco'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.
Graco Cash-to-Debt Distribution
For the Industrial Products industry and Industrials sector, Graco's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Graco's Cash-to-Debt falls into.
Graco 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.
Graco's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Graco's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Graco (GGG) Business Description
Traded in Other Exchanges
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.1 billion in sales and $573 million in operating income in 2022.
Executives
| Mark W Sheahan |
officer: VICE PRESIDENT AND TREASURER |
P.O. BOX 1441, MINNEAPOLIS MN 55440-1441 |
| Angela F Wordell |
officer: Executive VP, Operations |
88 11TH AVENUE NE, MINNEAPOLIS MN 55413 |
| Kathryn L Schoenrock |
officer: Executive Vice President |
88 11TH AVENUE NE, MINNEAPOLIS MN 55413 |
| Caroline M Chambers |
officer: Vice President and Controller |
PO BOX 1441, MINNEAPOLIS MN 55440-1441 |
| Eric Etchart |
director |
ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030 |
| Van Sant R William |
director |
PO BOX 1441, MINNEAPOLIS MN 55440-1441 |
| Timothy R White |
officer: President, EMEA |
88 11TH AVENUE NE, MINNEAPOLIS MN 55413 |
| Ronita Banerjee |
officer: EVP, Chief HR Officer |
88 11TH AVENUE NE, MINNEAPOLIS MN 55105 |
| Jeffrey P. Johnson |
officer: Vice President |
88 - 11TH AVENUE N.E., MINNEAPOLIS MN 55413 |
| Heather L Anfang |
director |
88 11TH AVENUE NE, MINNEAPOLIS MN 55413 |
| Dale D Johnson |
officer: VICE PRESIDENT |
P.O. BOX 1441, MINNEAPOLIS MN 5440-1441 |
| Christopher D. Knutson |
officer: EVP, Corporate Controller |
88 11TH AVENUE NE, MINNEAPOLIS MN 55413 |
| Claudio Merengo |
officer: President, Worldwide Gema |
88 11TH AVENUE NE, MINNEAPOLIS MN 55413 |
| J Kevin Gilligan |
director |
P O BOX 1441, MINNEAPOLIS MN 55440-1441 |
| Archie C. Black |
director |
333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402 |
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