Cemex Latam Holdings (BOG:CLH) Cash-to-Debt : 0.23 (As of Mar. 2023)

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What is Cemex Latam Holdings 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. Cemex Latam Holdings's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.23.

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, Cemex Latam Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

BOG:CLH's Cash-to-Debt is not ranked ^*
in the Building Materials industry.
Industry Median: 0.47
* Ranked among companies with meaningful Cash-to-Debt only.

Cemex Latam Holdings Cash-to-Debt Historical Data

The historical data trend for Cemex Latam Holdings'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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Cemex Latam Holdings Cash-to-Debt Chart

Cemex Latam Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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1.26

0.77

0.22

0.14

0.20

Cemex Latam Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.20	0.22	0.20	0.23

Competitive Comparison of Cemex Latam Holdings's Cash-to-Debt

For the Building Materials subindustry, Cemex Latam Holdings'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.

Cemex Latam Holdings's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cemex Latam Holdings's Cash-to-Debt distribution charts can be found below:

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

Cemex Latam Holdings 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.

Cemex Latam Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	51308.564	/	(204227.925	+	48933.432)
	=	0.20

Cemex Latam Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	59547.72	/	(214606.714	+	46303.077)
	=	0.23

Cemex Latam Holdings (BOG:CLH) 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.

Cemex Latam Holdings Cash-to-Debt Related Terms

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Cemex Latam Holdings (BOG:CLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemex Latam Holdings SA (BOG:CLH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle 99 Edificio 100 Piso 7, No. 9A - 54, Bogota, Cundinamarca, COL

Website

https://www.cemexlatam.com

Cemex Latam Holdings SA manufactures and sells cement, aggregates, ready-mix concrete, and mortar. The company's customers include the housing and commercial construction industries as well as the infrastructure building industry. The firm also owns a chain of hardware retail stores, which it uses to distribute its products. Cemex organizes itself into four segments based on product: Cement, Concrete, Aggregates, and Other products. The majority of revenue is derived from the cement segment. The company sells its products throughout Central America, Mexico, and South America. The majority of revenue comes from Colombia.