Forterra (Forterra) Cash-to-Debt : 0.05 (As of Dec. 2021)

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What is Forterra 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. Forterra's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.05.

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, Forterra couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

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

FRTA's Cash-to-Debt is not ranked ^*
in the Construction industry.
Industry Median: 0.62
* Ranked among companies with meaningful Cash-to-Debt only.

Forterra Cash-to-Debt Historical Data

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

Forterra Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.09

0.03

0.02

0.05

Forterra Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.03	0.03	0.02	0.05

Competitive Comparison of Forterra's Cash-to-Debt

For the Building Products & Equipment subindustry, Forterra'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.

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

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

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

Forterra 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.

Forterra's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	56.832	/	(38.602	+	1072.026)
	=	0.05

Forterra's Cash to Debt Ratio for the quarter that ended in Dec. 2021 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)
	=	56.832	/	(38.602	+	1072.026)
	=	0.05

Forterra (NAS:FRTA) 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.

Forterra Cash-to-Debt Related Terms

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

Forterra (Forterra) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Forterra Inc (NAS:FRTA) » Definitions » Cash-to-Debt

Comparable Companies

SWIM SHSE:600876 XSWX:SWTQ DOOR OSTO:SYSR LSE:GEN SZSE:003012 JBI LSE:JHD OSTO:LIAB

Traded in Other Exchanges

N/A

Address

511 East John Carpenter Freeway, 6th Floor, Irving, TX, USA, 75062

Website

https://www.forterrabp.com

Forterra Inc manufactures concrete pipe and precast products. It has applications in construction, maintenance, repair and replacement of water drainage, distribution, and transmission systems. Forterra operates in three segments: Drainage Pipe & Products, Water Pipe & Products, and Corporate & Other. Some of its products include reinforced concrete pipe, pipe end sections, precast junction boxes, precast sanitary manholes, double tees, noise walls, and bridge girders. Geographical segments of the company are the United States, Canada, and Mexico, of which the majority of its revenue comes from the United States.

Executives

John P Grayken	10 percent owner	2711 NORTH HASKELL AVENUE SUITE 1700 DALLAS TX 75204
Jacques Sarrazin	director	511 EAST JOHN CARPENTER FREEWAY IRVING TX 75062
Karl Watson	director, officer: Chief Executive Officer	C/O FORTERRA, INC., 511 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Clinton D Mcdonnough	director	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Vikrant Bhatia	officer: Executive Vice President	511 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Charles Rodney Brown	officer: EVP & Chief Financial Officer	511 EAST JOHN CARPENTER FREEWAY SUITE 600 IRVING TX 75062
Jeff Bradley	director, officer: Chief Executive Officer	4001 PHILADELPHIA PIKE, CLAYMONT DE 19703
Lori M Browne	officer: See Remarks	511 EAST JOHN CARPENTER FREEWAY IRVING TX 75062
Allison Navitskas	director	511 E JOHN CARPENTER FREEWAY, IRVING TX 75062
Rafael A Colorado	director	2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
Richard J Hunter	officer: Chief Operating Officer	511 E JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Chad Lewis	director	2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
Richard Jr Cammerer	director	511 E. JOHN CARPENTER FREEWAY, SUITE 600 IRVING TX 75062
Dominic Lavalle	director	2741 WALNUT AVENUE SUITE 200 TUSTIN CA 92780
John R Mcpherson	director	1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242