Samsonite Group (HKSE:01910) Cash-to-Debt : 0.29 (As of Dec. 2024)

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What is Samsonite Group 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. Samsonite Group's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.29.

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, Samsonite Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HKSE:01910' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.28 Max: 2.88
Current: 0.29

During the past 13 years, Samsonite Group's highest Cash to Debt Ratio was 2.88. The lowest was 0.18. And the median was 0.28.

HKSE:01910's Cash-to-Debt is ranked worse than
60.81% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs HKSE:01910: 0.29

Samsonite Group Cash-to-Debt Historical Data

The historical data trend for Samsonite Group'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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Samsonite Group Cash-to-Debt Chart

Samsonite Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.40

0.41

0.27

0.31

0.29

Samsonite Group Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.31	N/A	0.35	N/A	0.29

Competitive Comparison of Samsonite Group's Cash-to-Debt

For the Footwear & Accessories subindustry, Samsonite Group'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.

Samsonite Group's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsonite Group's Cash-to-Debt distribution charts can be found below:

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

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Samsonite Group 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.

Samsonite Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	5257.15	/	(1783.218	+	16274.39)
	=	0.29

Samsonite Group's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	5257.15	/	(1783.218	+	16274.39)
	=	0.29

Samsonite Group (HKSE:01910) 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.

Samsonite Group Cash-to-Debt Related Terms

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

Samsonite Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsonite Group SA (HKSE:01910) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SMSOF:USA SMSEY:USA 1SO:Germany

Address

13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931

Website

https://www.corporate.samsonite.com

Samsonite is the world's largest luggage company with a 20% market share in 2023. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials.

Executives

Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Norges Bank	2101 Beneficial owner
Yi Fang Da Ji Jin Guan Li You Xian Gong Si	2102 Investment manager
Samsonite Group S.a.	2101 Beneficial owner
Fmr Llc	2201 Interest of corporation controlled by you
Principal Global Investors, Llc	2102 Investment manager
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Schroders Plc	2102 Investment manager
Janus Henderson Group Plc	2102 Investment manager
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
The Goldman Sachs Group, Inc.

Samsonite Group Headlines

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