Wagners Holding Co (ASX:WGN) Cash-to-Debt : 0.13 (As of Dec. 2023)

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What is Wagners Holding Co 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. Wagners Holding Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

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

ASX:WGN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.13
Current: 0.13

During the past 6 years, Wagners Holding Co's highest Cash to Debt Ratio was 0.13. The lowest was 0.02. And the median was 0.06.

ASX:WGN's Cash-to-Debt is ranked worse than
77.72% of 377 companies
in the Building Materials industry
Industry Median: 0.46 vs ASX:WGN: 0.13

Wagners Holding Co Cash-to-Debt Historical Data

The historical data trend for Wagners Holding Co'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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Wagners Holding Co Cash-to-Debt Chart

Wagners Holding Co Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.06

0.02

0.13

0.06

0.05

Wagners Holding Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								0.07	0.06	0.09	0.05	0.13

Competitive Comparison of Wagners Holding Co's Cash-to-Debt

For the Building Materials subindustry, Wagners Holding Co'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.

Wagners Holding Co's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Wagners Holding Co's Cash-to-Debt distribution charts can be found below:

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

Wagners Holding Co 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.

Wagners Holding Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	11.363	/	(33.43	+	215.424)
	=	0.05

Wagners Holding Co'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)
	=	30.457	/	(18.322	+	212.832)
	=	0.13

Wagners Holding Co (ASX:WGN) 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.

Wagners Holding Co Cash-to-Debt Related Terms

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Wagners Holding Co (ASX:WGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Wagners Holding Co Ltd (ASX:WGN) » Definitions » Cash-to-Debt

Traded in Other Exchanges

0W7:Germany

Address

1511 Toowoomba-Cecil Plains Road, 11 Ballera Court, P.O. Box 151, Drayton North, Wellcamp, QLD, AUS, 4350

Website

https://www.wagner.com.au

Wagners Holding Co Ltd is an Australian construction materials provider. It produces and sells construction materials through its Composite Fibre Technologies and Earth Friendly Concrete business. The Construction Materials and Services segment supplies construction materials and services to customers in the construction, infrastructure and resources industries. Its products include cement, flyash, aggregates, ready-mix concrete, precast concrete products and reinforcing steel. Its Composite Fibre Technologies segment provides building products and construction materials through its CFT and EFC businesses. Its projects include roads and tunnels, bridges, airports, mining and gas plants, dams and others. The company generates maximum revenue from Construction, Materials and Services.

Wagners Holding Co (ASX:WGN) Headlines

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