Wesco Aircraft Holdings (Wesco Aircraft Holdings) Cash-to-Debt : 0.05 (As of Sep. 2019)

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What is Wesco Aircraft Holdings 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. Wesco Aircraft Holdings's cash to debt ratio for the quarter that ended in Sep. 2019 was 0.05.

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, Wesco Aircraft Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2019.

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

WAIR's Cash-to-Debt is not ranked ^*
in the Industrial Distribution industry.
Industry Median: 0.515
* Ranked among companies with meaningful Cash-to-Debt only.

Wesco Aircraft Holdings Cash-to-Debt Historical Data

The historical data trend for Wesco Aircraft Holdings'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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Wesco Aircraft Holdings Cash-to-Debt Chart

Wesco Aircraft Holdings Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Cash-to-Debt

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0.09

0.07

0.05

Wesco Aircraft Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.03	0.04	0.06	0.05

Competitive Comparison of Wesco Aircraft Holdings's Cash-to-Debt

For the Industrial Distribution subindustry, Wesco Aircraft Holdings'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.

Wesco Aircraft Holdings's Cash-to-Debt Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Wesco Aircraft Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Wesco Aircraft Holdings's Cash-to-Debt falls into.

Wesco Aircraft Holdings 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.

Wesco Aircraft Holdings's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	38.034	/	(57.691	+	726.584)
	=	0.05

Wesco Aircraft Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	38.034	/	(57.691	+	726.584)
	=	0.05

Wesco Aircraft Holdings (NYSE:WAIR) 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.

Wesco Aircraft Holdings Cash-to-Debt Related Terms

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Wesco Aircraft Holdings (Wesco Aircraft Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Wesco Aircraft Holdings Inc (NYSE:WAIR) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

24911 Avenue Stanford, Valencia, CA, USA, 91355

Website

https://www.wescoair.com

Wesco Aircraft Holdings Inc is a distributor of supply-management services to the aerospace industry. The services include: distribution, management of supplier relationships, quality assurance, kitting, just-in-time delivery, and point-of-use inventory management. The company serves commercial aerospace, energy, general aviation, pharmaceuticals, airlines, and maintenance and repair companies, and the defense sector. The majority of its revenue stream is based on long-term contracts. The largest customer by revenue can be categorised as original equipment manufacturers and contractors. Geographically, North America makes up the lion's share of Wesco Aircraft's generated sales.

Executives

Tc Group, Llc	10 percent owner	C/O CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE NW SUITE 220 S, WASHINGTON DC 20004
Jennifer Pollino	director	C/O GOODRICH CORPORATION, 2730 W. TYVOLA ROAD, CHARLOTTE NC 28217
Jay L Haberland	director	260 BACK SHORE RD., ROUND POND ME 04564
Carlyle Holdings I L.p.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Inc.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Cg Subsidiary Holdings L.l.c.	10 percent owner	C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Scott Ernest Kuechle	director	C/O GOODRICH CORPORATION, 2730 WEST TYVOLA ROAD, CHARLOTTE NC 28217
Paul E Fulchino	director
Kerry A Shiba	officer: Executive Vice President & CFO	5847 SAN FELIPE SUITE 2500, HOUSTON TX 77057
Robert D Paulson	director	AEROSTAR CAPITAL LLC, 590 SANDHILL CRANE RD., #1270, WILSON WY 83014-1270
Carlyle Group Management L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Group Inc.	10 percent owner	C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Tc Group Iv Managing Gp, L.l.c.	10 percent owner	1001 PENNSYLVANIA AVENUE, N.W., SUITE 200 SOUTH, ATTN: DONNA ARRINGTON, WASHINGTON DC 20004
Platinum Equity Investment Holdings, Llc	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210