SSP Group (SSP Group) Cash-to-Debt : 0.18 (As of Sep. 2023)

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What is SSP 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. SSP Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.18.

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

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

SSPPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.31 Max: 0.4
Current: 0.18

During the past 13 years, SSP Group's highest Cash to Debt Ratio was 0.40. The lowest was 0.08. And the median was 0.31.

SSPPF's Cash-to-Debt is ranked worse than
68.33% of 341 companies
in the Restaurants industry
Industry Median: 0.4 vs SSPPF: 0.18

SSP Group Cash-to-Debt Historical Data

The historical data trend for SSP 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.

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SSP Group Cash-to-Debt Chart

SSP Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.33

0.08

0.34

0.32

0.18

SSP Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.34	0.28	0.32	0.23	0.18

Competitive Comparison of SSP Group's Cash-to-Debt

For the Restaurants subindustry, SSP 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.

SSP Group's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SSP Group's Cash-to-Debt distribution charts can be found below:

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

SSP 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.

SSP Group'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)
	=	375.371	/	(327.847	+	1805.941)
	=	0.18

SSP Group's Cash to Debt Ratio for the quarter 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)
	=	375.371	/	(327.847	+	1805.941)
	=	0.18

SSP Group (OTCPK:SSPPF) 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.

SSP Group Cash-to-Debt Related Terms

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SSP Group (SSP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SSP Group PLC (OTCPK:SSPPF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SSPGl:UK SSPG:UK

Address

32 Jamestown Road, London, GBR, NW1 7HW

Website

https://www.foodtravelexperts.com

SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.