Umicore (Umicore) Cash-to-Debt : 0.55 (As of Dec. 2023)

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What is Umicore 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. Umicore's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.55.

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

UMICY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.24 Max: 0.55
Current: 0.55

During the past 13 years, Umicore's highest Cash to Debt Ratio was 0.55. The lowest was 0.16. And the median was 0.24.

UMICY's Cash-to-Debt is ranked worse than
66.3% of 3000 companies
in the Industrial Products industry
Industry Median: 1.205 vs UMICY: 0.55

Umicore Cash-to-Debt Historical Data

The historical data trend for Umicore'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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Umicore Cash-to-Debt Chart

Umicore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.16

0.42

0.55

0.53

0.55

Umicore 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															0.55	0.61	0.53	0.50	0.55

Competitive Comparison of Umicore's Cash-to-Debt

For the Pollution & Treatment Controls subindustry, Umicore'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.

Umicore's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Umicore 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.

Umicore'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)
	=	1652.661	/	(794.653	+	2209.21)
	=	0.55

Umicore'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)
	=	1652.661	/	(794.653	+	2209.21)
	=	0.55

Umicore (OTCPK:UMICY) 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.

Umicore Cash-to-Debt Related Terms

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Umicore (Umicore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Umicore SA (OTCPK:UMICY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

UMICF:USA UMI:Mexico 0RUY:UK NVJP:Germany UMI:Belgium UMI:Austria

Address

Rue du Marais 31 Broekstraat, Brussels, BEL, B-1000

Website

https://www.umicore.com

Umicore SA operations are divided into the following business groups: Catalysis, Energy & Surface Technologies and Recycling. The Catalysis segment provides automotive catalysts for gasoline and diesel light and heavy-duty diesel applications, including on-road & non-road vehicles. The Energy & Surface Technologies segment is focused on products that are found in applications used in the production and storage of clean energy and in a range of applications for surface technologies that bring specific properties and functionalities to end products. The Recycling segment treats complex waste streams containing precious and other speciality metals. The majority of revenue is from the Recycling segment. Geographically, the majority is from Europe.