Tempur Sealy International (BSP:T2PX34) Cash-to-Debt : 0.04 (As of Sep. 2024)

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What is Tempur Sealy International 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. Tempur Sealy International's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.04.

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

BSP:T2PX34' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.18
Current: 0.04

During the past 13 years, Tempur Sealy International's highest Cash to Debt Ratio was 0.18. The lowest was 0.02. And the median was 0.03.

BSP:T2PX34's Cash-to-Debt is ranked worse than
92.07% of 429 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.05 vs BSP:T2PX34: 0.04

Tempur Sealy International Cash-to-Debt Historical Data

The historical data trend for Tempur Sealy International'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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Tempur Sealy International Cash-to-Debt Chart

Tempur Sealy International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.04

0.11

0.02

Tempur Sealy International 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															0.03	0.02	0.03	0.03	0.04

Competitive Comparison of Tempur Sealy International's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Tempur Sealy International'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.

Tempur Sealy International's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tempur Sealy International's Cash-to-Debt distribution charts can be found below:

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

Tempur Sealy International 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.

Tempur Sealy International'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)
	=	366.995	/	(806.017	+	15198.2)
	=	0.02

Tempur Sealy International'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)
	=	577.039	/	(976.314	+	15371.825)
	=	0.04

Tempur Sealy International (BSP:T2PX34) 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.

Tempur Sealy International Cash-to-Debt Related Terms

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Tempur Sealy International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Tempur Sealy International Inc (BSP:T2PX34) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TPX:USA

Address

1000 Tempur Way, Lexington, KY, USA, 40511

Website

https://www.tempursealy.com

Tempur Sealy International Inc is a bedding provider. The firm develops and distributes bedding products globally through its North America and international segments (Europe, Asia Pacific, and Latin America). Tempur Sealy's products are divided into the bedding and other product categories. The bedding category comprises the majority of net sales. The primary distribution channels of the company within each segment are retail (including furniture and bedding retailers, department stores, and warehouse clubs) and other (including e-commerce platforms, company-owned stores, and third-party distributors). Some brands of the firm include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster. The cany generates revenue from sales from North America.

Tempur Sealy International Headlines

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