C&C Group (C&C Group) Cash-to-Debt : 0.34 (As of Aug. 2023)

View and export this data going back to 2005. Start your Free Trial

What is C&C Group 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. C&C Group's cash to debt ratio for the quarter that ended in Aug. 2023 was 0.34.

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, C&C Group couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

CCGGY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.43 Max: 0.67
Current: 0.34

During the past 13 years, C&C Group's highest Cash to Debt Ratio was 0.67. The lowest was 0.19. And the median was 0.43.

CCGGY's Cash-to-Debt is ranked worse than
54.59% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 0.54 vs CCGGY: 0.34

C&C Group Cash-to-Debt Historical Data

The historical data trend for C&C Group'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.

C&C Group Cash-to-Debt Chart

C&C Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

Get a 7-Day Free Trial

0.32

0.27

0.20

0.19

0.43

C&C Group Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															0.27	0.19	0.42	0.43	0.34

Competitive Comparison of C&C Group's Cash-to-Debt

For the Beverages - Brewers subindustry, C&C Group'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.

C&C Group's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, C&C Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where C&C Group's Cash-to-Debt falls into.

C&C Group 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.

C&C Group's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	123.448	/	(118.737	+	168.201)
	=	0.43

C&C Group's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	105.344	/	(20.284	+	292.039)
	=	0.34

C&C Group (OTCPK:CCGGY) 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.

C&C Group Cash-to-Debt Related Terms

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

C&C Group (C&C Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » C&C Group PLC (OTCPK:CCGGY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CCGPY:USA CGPZF:USA CCRl:UK CCR:UK GCC:Germany

Address

Keeper Road, Bulmers House, Crumlin, Dublin, IRL, D12 K702

Website

https://www.candcgroupplc.com

C&C Group PLC manufactures cider and other alcoholic and nonalcoholic beverages, including beer, wine, soft drinks, and bottled water. The company's brands include Bulmers, Tennet's, Magners, Heverlee, Woodchuck, Hornsby's, Gaymers, Blackthorn, Tipperary, Finches, and Others. C&C also has distribution rights for numerous global brands owned by other companies. Its geographical segments are Ireland, Great Britain, and International, of which the majority of its revenue comes from Great Britain.

C&C Group (C&C Group) Headlines

From GuruFocus

Would Somebody Please Buyout C&C?

By Holmes Osborne, CFA Holmes Osborne, CFA • 10-28-2016

C&C Down in the Dumps With Shutdown

By Holmes Osborne, CFA • 08-26-2021

Irish Brewer Could Be a Buyout Candidate

By Holmes Osborne, CFA Holmes Osborne, CFA • 07-27-2016

Appointment of Andrew Andrea as Chief Financial Officer

By Business Wire • 12-18-2023