Fleetwood (Fleetwood) Cash-to-Debt : 1.60 (As of Dec. 2023)

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What is Fleetwood 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. Fleetwood's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.60.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Fleetwood could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FLWLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 1.52 Max: 1868.61
Current: 1.6

During the past 13 years, Fleetwood's highest Cash to Debt Ratio was 1868.61. The lowest was 0.10. And the median was 1.52.

FLWLF's Cash-to-Debt is ranked better than
67.32% of 1680 companies
in the Construction industry
Industry Median: 0.63 vs FLWLF: 1.60

Fleetwood Cash-to-Debt Historical Data

The historical data trend for Fleetwood'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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Fleetwood Cash-to-Debt Chart

Fleetwood Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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1,796.77

2.83

1.84

2.03

1.84

Fleetwood Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															2.00	2.03	1.44	1.84	1.60

Competitive Comparison of Fleetwood's Cash-to-Debt

For the Engineering & Construction subindustry, Fleetwood'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.

Fleetwood's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fleetwood's Cash-to-Debt distribution charts can be found below:

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

Fleetwood 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.

Fleetwood'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)
	=	31.274	/	(4.007	+	13.003)
	=	1.84

Fleetwood'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)
	=	22.802	/	(3.93	+	10.353)
	=	1.60

Fleetwood (OTCPK:FLWLF) 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.

Fleetwood Cash-to-Debt Related Terms

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Fleetwood (Fleetwood) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fleetwood Ltd (OTCPK:FLWLF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FWD:Australia

Address

464 Hay Street, Level 2, Subiaco, WA, AUS, 6008

Website

https://www.fleetwood.com.au

Fleetwood Ltd is a modular construction company. The company works with government departments, owners, architects, and engineers to design and build custom modular buildings predominately for the affordable housing, education, custodial, and mining industries. The operating business segments are RV Solutions; Building Solutions and Community Solutions. It generates maximum revenue from the Building Solutions segment. Geographically, the company operates in Australia and New Zealand, with maximum revenue from Australia.