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. Tredegar's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.06.
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, Tredegar 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 Tredegar's Cash-to-Debt or its related term are showing as below:
TG'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.33 Max: 0.51
Current: 0.06
During the past 13 years, Tredegar's highest Cash to Debt Ratio was 0.51. The lowest was 0.06. And the median was 0.33.
Tredegar Cash-to-Debt Historical Data
The historical data trend for Tredegar'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.
|
Tredegar Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.51 |
0.08 |
0.35 |
0.13 |
0.06 |
|
Tredegar 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.13 |
0.09 |
0.14 |
0.29 |
0.06 |
Competitive Comparison
For the Metal Fabrication subindustry, Tredegar'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.
Tredegar Cash-to-Debt Distribution
For the Industrial Products industry and Industrials sector, Tredegar's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Tredegar's Cash-to-Debt falls into.
Tredegar 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.
Tredegar's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Tredegar'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.
Tredegar (Tredegar) Business Description
Traded in Other Exchanges
Address
1100 Boulders Parkway, Richmond, VA, USA, 23225
Tredegar Corp through its subsidiaries engaged in the manufacture of Polyethylene Plastic films, Polyester Films, and Aluminum Extrusions. Polyethylene Plastic films manufacture plastic films, elastics and laminate materials which are utilized in personal care materials, surface protection films, and specialty and optical lighting applications. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. Aluminum Extrusions produce high-quality, soft-alloy and medium-strength aluminum use for building and construction, automotive, consumer durables, machinery and equipment, electrical and distribution markets. It generates revenue from the United States, Asia, and Brazil.
Executives
| James T. Gottwald |
10 percent owner |
3600 RIVER ROAD WEST, GOOCHLAND VA 23063 |
| Kevin Cyril Donnelly |
officer: Vice President and Secretary |
1100 BOULDERS PARKWAY, RICHMOND VA 23225 |
| Anne G Waleski |
director |
1508 WEST AVENUE, RICHMOND VA 23220 |
| Michael Jay Schewel |
officer: Vice President and Secretary |
C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060 |
| Brickhouse Frasier W Ii |
other: Controller |
1100 BOULDERS PARKWAY, RICHMOND VA 23225 |
| Gamco Investors, Inc. Et Al |
10 percent owner |
191 MASON STREET, GREENWICH CT 06830 |
| John M Steitz |
director |
ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801 |
| William M Gottwald |
director |
ALBERMARLE CORP, PO BOX 2189, RICHMOND VA 23218 |
| Associated Capital Group, Inc. |
10 percent owner |
191 MASON STREET, GREENWICH CT 06830 |
| A Brent King |
officer: Vice President and Secretary |
4951 LAKE BROOK DR, STE 500, GLEN ALLEN VA 23060 |
| Mary Jane Hellyar |
officer: Vice President |
1100 BOULDERS PARKWAY, RICHMOND VA 23225 |
| Ggcp, Inc. |
10 percent owner |
189 MASON STREET, GREENWICH CT 06830 |
| Mario J Gabelli |
10 percent owner |
191 MASON STREET, GREENWICH CT 06830 |
| Gottwald Floyd D Jr |
director |
330 SOUTH FOURTH STREET, RICHMOND VA 23219 |
| John D Gottwald |
director |
207 WOOD ROAD, TREDEGAR CORP, 1100 BOULDERS PARKWAY VA 23225 |
Tredegar (Tredegar) Headlines
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