Rolls-Royce Holdings (Rolls-Royce Holdings) Cash-to-Debt : 0.61 (As of Dec. 2023)

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What is Rolls-Royce 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. Rolls-Royce Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 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, Rolls-Royce Holdings 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 Rolls-Royce Holdings's Cash-to-Debt or its related term are showing as below:

RYCEY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33 Med: 0.8 Max: 1.27
Current: 0.61

During the past 13 years, Rolls-Royce Holdings's highest Cash to Debt Ratio was 1.27. The lowest was 0.33. And the median was 0.80.

RYCEY's Cash-to-Debt is ranked worse than
54.19% of 310 companies
in the Aerospace & Defense industry
Industry Median: 0.795 vs RYCEY: 0.61

Rolls-Royce Holdings Cash-to-Debt Historical Data

The historical data trend for Rolls-Royce 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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Rolls-Royce Holdings Cash-to-Debt Chart

Rolls-Royce Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.78

0.45

0.33

0.40

0.61

Rolls-Royce Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.33	0.35	0.40	0.51	0.61

Competitive Comparison of Rolls-Royce Holdings's Cash-to-Debt

For the Aerospace & Defense subindustry, Rolls-Royce 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.

Rolls-Royce Holdings's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rolls-Royce Holdings's Cash-to-Debt distribution charts can be found below:

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

Rolls-Royce 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.

Rolls-Royce Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	4449.367	/	(1024.051	+	6265.823)
	=	0.61

Rolls-Royce Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	4449.367	/	(1024.051	+	6265.823)
	=	0.61

Rolls-Royce Holdings (OTCPK:RYCEY) 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.

Rolls-Royce Holdings Cash-to-Debt Related Terms

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Rolls-Royce Holdings (Rolls-Royce Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rolls-Royce Holdings PLC (OTCPK:RYCEY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RYCEF:USA RLLCF.PFD:USA RRl:UK RR.:UK RRU:Germany

Address

90 York Way, Kings Place, London, GBR, N1 9FX

Website

https://www.rolls-royce.com

Rolls-Royce operates three core business segments: civil aerospace, power systems, and defense. The civil aerospace segment builds engines powering wide-body aircraft, regional and business jets, and offers aftermarket services. Twenty years ago, the firm pioneered full-service flight hour contracts with the TotalCare package. Power systems provides power solutions to multiple end markets (defense, agriculture, marine, and power generation) while the defense business provides military, ground vehicle and naval propulsion solutions.