Sherwin-Williams Co (BSP:S1HW34) Cash-to-Debt : 0.02 (As of Sep. 2024)

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What is Sherwin-Williams 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. Sherwin-Williams Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.02.

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, Sherwin-Williams Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

BSP:S1HW34' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.52
Current: 0.02

During the past 13 years, Sherwin-Williams Co's highest Cash to Debt Ratio was 0.52. The lowest was 0.01. And the median was 0.02.

BSP:S1HW34's Cash-to-Debt is ranked worse than
96.9% of 1547 companies
in the Chemicals industry
Industry Median: 0.69 vs BSP:S1HW34: 0.02

Sherwin-Williams Co Cash-to-Debt Historical Data

The historical data trend for Sherwin-Williams 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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Sherwin-Williams Co Cash-to-Debt Chart

Sherwin-Williams Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.01

0.02

Sherwin-Williams Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.02	0.01	0.02	0.02

Competitive Comparison of Sherwin-Williams Co's Cash-to-Debt

For the Specialty Chemicals subindustry, Sherwin-Williams 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.

Sherwin-Williams Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's Cash-to-Debt distribution charts can be found below:

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

Sherwin-Williams 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.

Sherwin-Williams Co'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)
	=	1356.265	/	(9418.886	+	48446.283)
	=	0.02

Sherwin-Williams Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1319.104	/	(13441.348	+	53560.494)
	=	0.02

Sherwin-Williams Co (BSP:S1HW34) 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.

Sherwin-Williams Co Cash-to-Debt Related Terms

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Sherwin-Williams Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sherwin-Williams Co (BSP:S1HW34) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SHW:USA SHW:Mexico 1SHW:Italy 0L5V:UK SJ3:Germany SJ3:Germany SHWW:Austria

Address

101 West Prospect Avenue, Cleveland, OH, USA, 44115-1075

Website

https://www.sherwin-williams.com

Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 5,000 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.

Sherwin-Williams Co Headlines

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