Cooper-Standard Holdings (Cooper-Standard Holdings) Cash-to-Debt : 0.13 (As of Dec. 2023)

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What is Cooper-Standard 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. Cooper-Standard Holdings'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, Cooper-Standard Holdings 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 Cooper-Standard Holdings's Cash-to-Debt or its related term are showing as below:

CPS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.36 Max: 0.68
Current: 0.13

During the past 13 years, Cooper-Standard Holdings's highest Cash to Debt Ratio was 0.68. The lowest was 0.13. And the median was 0.36.

CPS's Cash-to-Debt is ranked worse than
81.52% of 1293 companies
in the Vehicles & Parts industry
Industry Median: 0.57 vs CPS: 0.13

Cooper-Standard Holdings Cash-to-Debt Historical Data

The historical data trend for Cooper-Standard 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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Cooper-Standard Holdings Cash-to-Debt Chart

Cooper-Standard Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.40

0.39

0.22

0.17

0.13

Cooper-Standard Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.09	0.06	0.16	0.13

Competitive Comparison of Cooper-Standard Holdings's Cash-to-Debt

For the Auto Parts subindustry, Cooper-Standard 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.

Cooper-Standard Holdings's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cooper-Standard Holdings's Cash-to-Debt distribution charts can be found below:

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

Cooper-Standard 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.

Cooper-Standard Holdings'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)
	=	154.801	/	(69.289	+	1121.218)
	=	0.13

Cooper-Standard Holdings'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)
	=	154.801	/	(69.289	+	1121.218)
	=	0.13

Cooper-Standard Holdings (NYSE:CPS) 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.

Cooper-Standard Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Cooper-Standard Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Cooper-Standard Holdings (Cooper-Standard Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cooper-Standard Holdings Inc (NYSE:CPS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

C31:Germany

Address

40300 Traditions Drive, Northville, MI, USA, 48168

Website

https://www.cooperstandard.com

Cooper-Standard Holdings Inc is a supplier of rubber and resin products for the automotive industry. The company produces rubber and plastic sealings, fuel and brake lines, fluid transfer hoses, and anti-vibration systems used by original equipment manufacturers and replacement markets for passenger vehicles and light trucks. The largest customers include Ford, GM, FCA, Peugeot Citroen, and Volkswagen. Cooper Standard generates the majority of its revenue with its sealing systems products such as Fortrex, dynamic and static seals, stainless steel trims, flush glass systems, and variable extrusions.

Executives

Maryann Peterson Kanary	officer: See remarks	40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Amy B. Kulikowski	officer: VP, Chief Accounting Officer	40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Patrick Clark	officer: See Remarks	40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Somasundhar Venkatasubramanian	officer: See remarks	40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Jeffrey S Edwards	officer: President and CEO	40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Larry Ott	officer: VP Global HR	40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Van Oss Stephen A	director
Christopher Couch	officer: See Remarks	40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Rebecca Mccabe	officer: VP, Chief Accounting Officer	40300 TRADITIONS DRIVE, 40300, NORTHVILLE MI 48168
Christine M Moore	director	411 WEST LAFAYETTE, DETROIT MI 48226
Justin E Mirro	director	40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
John G. Boss	director	260 HUDSON RIVER ROAD, WATERFORD NY 12188
Jeffrey A. Debest	officer: See Remarks	39550 ORCHARD HILL PLACE, NOVI MI 48375
Susan P. Kampe	officer: See Remarks	39550 ORCHARD HILL PLACE, NOVI MI 48375
Peter C. Brusate	officer: Corp. Controller and CAO	39550 ORCHARD HILL PLACE, NOVI MI 48375