SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'cash2debt' ODC (Oil-Dri of America) Cash-to-Debt
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Oil-Dri Corp of America (NYSE:ODC) » Definitions » Cash-to-Debt

Oil-Dri of America (Oil-Dri of America) Cash-to-Debt

: 0.61 (As of Jan. 2024)
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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. Oil-Dri of America's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.61.

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, Oil-Dri of America couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Oil-Dri of America's Cash-to-Debt or its related term are showing as below:

ODC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24   Med: 1.53   Max: 3.56
Current: 0.61

During the past 13 years, Oil-Dri of America's highest Cash to Debt Ratio was 3.56. The lowest was 0.24. And the median was 1.53.

ODC's Cash-to-Debt is ranked worse than
54.35% of 1551 companies
in the Chemicals industry
Industry Median: 0.76 vs ODC: 0.61

Oil-Dri of America Cash-to-Debt Historical Data

The historical data trend for Oil-Dri of America'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.

Oil-Dri of America Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.56 1.93 1.30 0.36 0.75

Oil-Dri of America Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.68 0.75 0.70 0.61
Competitive Comparison

For the Specialty Chemicals subindustry, Oil-Dri of America'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.

Oil-Dri of America Cash-to-Debt Distribution

For the Chemicals industry and Basic Materials sector, Oil-Dri of America's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Oil-Dri of America's Cash-to-Debt falls into.


Oil-Dri of America 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.

Oil-Dri of America's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 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)
=31.754 / (2.872 + 39.637)
=0.75

Oil-Dri of America's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
=27.8 / (3.637 + 42.102)
=0.61

* 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.

Oil-Dri of America  (NYSE:ODC) 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.

Oil-Dri of America Cash-to-Debt Related Terms

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

Oil-Dri of America (Oil-Dri of America) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Oil-Dri Corp of America (NYSE:ODC) » Definitions » Cash-to-Debt
Comparable Companies
LWLG HDSN FF RLEA GEVO ALTO CMT WTTR LOOP TSE LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 PPG LYB
Traded in Other Exchanges
ODC:Germany
Address
410 North Michigan Avenue, Suite 400, Chicago, IL, USA, 60611-4213
Website
http://www.oildri.com
Oil-Dri Corp of America develops, manufactures, and markets sorbent products made predominantly from clay. Its absorbent offerings, which draw liquid up, include cat litter, floor products, toxin control substances for livestock, and agricultural chemical carriers. The company has two segments based on the different characteristics of two primary customer groups namely Retail and Wholesale Products Group and Business to Business Products Group. The company's products are sold under various brands such as Cat's Pride, Jonny Cat, Amlan, Agsorb, Verge, Pure-Flo, and Ultra-Clear.
Executives
Aaron Christiansen officer: VP, Manufacturing - CPG 410 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Allan H Selig director
Patricia J Schmeda director 3400 NORTH WOLF ROAD, FRANKLIN PARK IL 60131
Patrick James Walsh officer: VP, Human Resources 410 N. MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Christopher B Lamson officer: Group VP of Retail & Wholesale 410 N. MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Amy Ryan director 410 N. MICHIGAN AVENUE, CHICAGO IL 60611
Daniel S Jaffee director, officer: President and CEO
Matthew Daley officer: VP, Corporate Controller 410 N. MICHIGAN AVENUE, CHICAGO IL 60611
Jessica D Moskowitz officer: Vice President 410 N. MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Paul Hindsley director 410 N. MICHIGAN AVE., CHICAGO IL 60611
Molly Vandenheuvel officer: Chief Operating Officer 410 N. MICHIGAN AVENUE, CHICAGO IL 60611
Mary Beth Sullivan officer: VP, Human Resources 410 NORTH MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Susan M Kreh officer: Chief Financial Officer 18400 PLEASANT STREET, BROOKFIELD WI 53045
J Steven Cole director C/O COLE & ASSOCIATES, 633 SKOKIE BLVD, NORTHBROOK IL 60062
Ellen-blair Chube director 150 N. RIVERSIDE PLAZA, CHICAGO IL 60606