Seche Environnement (Seche Environnement) Cash-to-Debt : 0.16 (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Seche Environnement 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. Seche Environnement's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.16.

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, Seche Environnement couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

SECVY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.18 Max: 0.37
Current: 0.16

During the past 13 years, Seche Environnement's highest Cash to Debt Ratio was 0.37. The lowest was 0.05. And the median was 0.18.

SECVY's Cash-to-Debt is ranked worse than
71.9% of 242 companies
in the Waste Management industry
Industry Median: 0.37 vs SECVY: 0.16

Seche Environnement Cash-to-Debt Historical Data

The historical data trend for Seche Environnement'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.

Seche Environnement Cash-to-Debt Chart

Seche Environnement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.23

0.18

0.26

0.17

N/A

Seche Environnement 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															0.26	0.24	0.17	0.16	N/A

Competitive Comparison of Seche Environnement's Cash-to-Debt

For the Waste Management subindustry, Seche Environnement'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.

Seche Environnement's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Seche Environnement's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Seche Environnement's Cash-to-Debt falls into.

Seche Environnement 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.

Seche Environnement's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	133.65	/	(150.121	+	632.726)
	=	0.17

Seche Environnement's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	126.049	/	(137.359	+	644.694)
	=	0.16

Seche Environnement (OTCPK:SECVY) 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.

Seche Environnement Cash-to-Debt Related Terms

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

Seche Environnement (Seche Environnement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Seche Environnement SA (OTCPK:SECVY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SCHP:France SCB:Germany

Address

Les Hetres, CS 20020, Change, FRA, 53811

Website

https://www.groupe-seche.com

Seche Environnement SA is a France-based company that offers waste management services. It accepts and treats various categories of waste, such as dispersed hazardous and non-hazardous, medical waste, and waste from electronic equipment. Geographically, the company operates in France, Europe, and Rest of the world..