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Pep Boys - Manny Moe & Jack (NYSE:PBY)
Cash to Debt Ratio
0.37 (As of Oct. 2015)

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. Pep Boys - Manny Moe & Jack's cash to debt ratio for the quarter that ended in Oct. 2015 was 0.37.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Pep Boys - Manny Moe & Jack couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2015.

PBY' s Cash to Debt Range Over the Past 10 Years
Min: 0.01   Max: 0.51
Current: 0.37

0.01
0.51

During the past 13 years, Pep Boys - Manny Moe & Jack's highest Cash to Debt Ratio was 0.51. The lowest was 0.01. And the median was 0.11.

PBY's Cash to Debt is ranked lower than
64% of the 1240 Companies
in the Global Auto Parts industry.

( Industry Median: 0.69 vs. PBY: 0.37 )

Definition

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Pep Boys - Manny Moe & Jack's Cash to Debt Ratio for the fiscal year that ended in Jan. 2015 is calculated as:

 Cash to Debt Ratio = Cash, Cash Equivalents, Marketable Securities / Total Debt = Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt + Long-Term Debt) = 38.044 / (2 + 211) = 0.18

Pep Boys - Manny Moe & Jack's Cash to Debt Ratio for the quarter that ended in Oct. 2015 is calculated as:

 Cash to Debt Ratio = Cash, Cash Equivalents, Marketable Securities / Total Debt = Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt + Long-Term Debt) = 71.332 / (2 + 192.5) = 0.37

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Pep Boys - Manny Moe & Jack Annual Data

 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 cash2debt 0.08 0.04 0.05 0.06 0.13 0.31 0.20 0.30 0.17 0.18

Pep Boys - Manny Moe & Jack Quarterly Data

 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 cash2debt 0.33 0.28 0.17 0.19 0.17 0.16 0.18 0.22 0.32 0.37
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