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Rockwell Automation (Rockwell Automation) Cash-to-Debt

: 0.12 (As of Dec. 2023)
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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. Rockwell Automation's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.12.

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, Rockwell Automation 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 Rockwell Automation's Cash-to-Debt or its related term are showing as below:

ROK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1   Med: 0.43   Max: 1.49
Current: 0.12

During the past 13 years, Rockwell Automation's highest Cash to Debt Ratio was 1.49. The lowest was 0.10. And the median was 0.43.

ROK's Cash-to-Debt is ranked worse than
90.16% of 2998 companies
in the Industrial Products industry
Industry Median: 1.205 vs ROK: 0.12

Rockwell Automation Cash-to-Debt Historical Data

The historical data trend for Rockwell Automation'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.

Rockwell Automation Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.30 0.15 0.12 0.32

Rockwell Automation Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.11 0.11 0.11 0.32 0.12
Competitive Comparison

For the Specialty Industrial Machinery subindustry, Rockwell Automation'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.

Rockwell Automation Cash-to-Debt Distribution

For the Industrial Products industry and Industrials sector, Rockwell Automation's Cash-to-Debt distribution charts can be found below:

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


Rockwell Automation 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.

Rockwell Automation's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
=1071.8 / (186.7 + 3148.2)
=0.32

Rockwell Automation'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)
=439.5 / (602.6 + 3140.9)
=0.12

* 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.

Rockwell Automation  (NYSE:ROK) 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.

Rockwell Automation Cash-to-Debt Related Terms

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Rockwell Automation (Rockwell Automation) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rockwell Automation Inc (NYSE:ROK) » Definitions » Cash-to-Debt
Comparable Companies
XYL IR CMI OTIS AME DOV IEX GGG NDSN PNR GE XTER:SIE XPAR:SU ETN ITW OSTO:ATCO A PH XKRX:373220 EMR TSE:6273
Traded in Other Exchanges
1ROK:Italy RWL:Germany RWL:Germany
Address
1201 South Second Street, Milwaukee, WI, USA, 53204
Website
https://www.rockwellautomation.com
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.
Executives
Matthew W. Fordenwalt officer: SVP Lifecycle Services 1201 S. 2ND STREET, MILWAUKEE WI 53204
Christopher Nardecchia officer: SVP, Chief Information Officer 1201 S. 2ND STREET, MILWAUKEE WI 53204
Rebecca W House officer: SVP, CLO and Secretary 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Frank C Kulaszewicz officer: SVP C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Blake D. Moret director, officer: President and CEO C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
John M Miller officer: VP and Chief IP Counsel C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Terry L. Riesterer officer: Vice President and Controller 1201 S. 2ND STREET, MILWAUKEE WI 53204
Nicholas C Gangestad officer: Sr. VP and CFO 3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
Veena M Lakkundi officer: SVP, Strategy & Corp Developmt 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Isaac Woods officer: Vice President and Treasurer 1201 S 2ND STREET, MILWAUKEE WI 53204
Scott Genereux officer: Sr.VP, Chief Revenue Officer 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Brian A Shepherd officer: Sr. VP Software and Control 1201 S 2ND STREET, MILWAUKEE WI 53204
Robert L. Buttermore officer: SVP,Chief Supply Chain Officer 1201 S. 2ND STREET, MILWAUKEE WI 53204
Cyril Perducat officer: SVP, Technology 1201 S. 2ND STREET, MILWAUKEE WI 53204
Tessa M. Myers officer: SVP, Intelligent Devices 4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224