SSH Group (ASX:SSH) Cash-to-Debt : 0.09 (As of Jun. 2024)

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What is SSH 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. SSH Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.09.

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, SSH Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ASX:SSH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.09 Max: 0.24
Current: 0.09

During the past 3 years, SSH Group's highest Cash to Debt Ratio was 0.24. The lowest was 0.07. And the median was 0.09.

ASX:SSH's Cash-to-Debt is ranked worse than
87.11% of 1055 companies
in the Business Services industry
Industry Median: 1.02 vs ASX:SSH: 0.09

SSH Group Cash-to-Debt Historical Data

The historical data trend for SSH 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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SSH Group Cash-to-Debt Chart

SSH Group Annual Data

Trend

Jun22

Jun23

Jun24

Cash-to-Debt

0.24

0.07

0.09

SSH Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			0.24	0.09	0.07	0.06	0.09

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

For the Specialty Business Services subindustry, SSH 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.

SSH Group's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SSH Group's Cash-to-Debt distribution charts can be found below:

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

SSH 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.

SSH Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 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)
	=	2.601	/	(11.041	+	19.308)
	=	0.09

SSH Group's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	2.601	/	(11.041	+	19.308)
	=	0.09

SSH Group (ASX:SSH) 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.

SSH Group Cash-to-Debt Related Terms

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SSH Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SSH Group Ltd (ASX:SSH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 William Street, Level 3, Perth, WA, AUS, 6000

Website

https://www.sshgroup.com.au

SSH Group Ltd provides a range of safety and people services, including security, labor hire, and road safety services, to the construction, mining, civil, and government market sectors in Western Australia. The Company operates in segments; People Vertical and Equipment Vertical. The majority of revenue is derived from the People Vertical segment.

SSH Group Headlines

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