HWDJY (Howden Joinery Group) Cash-to-Debt : 0.24 (As of Jun. 2024)

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What is Howden Joinery 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. Howden Joinery Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.24.

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

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

HWDJY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: No Debt Max: No Debt
Current: 0.24

During the past 13 years, Howden Joinery Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.18. And the median was No Debt.

HWDJY's Cash-to-Debt is ranked worse than
74.83% of 429 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.05 vs HWDJY: 0.24

Howden Joinery Group Cash-to-Debt Historical Data

The historical data trend for Howden Joinery 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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Howden Joinery Group Cash-to-Debt Chart

Howden Joinery Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.74

0.87

0.46

0.41

Howden Joinery Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.40	0.46	0.18	0.41	0.24

Competitive Comparison of Howden Joinery Group's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery 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.

Howden Joinery Group's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Howden Joinery 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.

Howden Joinery Group'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)
	=	357.975	/	(107.975	+	758.481)
	=	0.41

Howden Joinery Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	210.56	/	(111.45	+	766.794)
	=	0.24

Howden Joinery Group (OTCPK:HWDJY) 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.

Howden Joinery Group Cash-to-Debt Related Terms

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Howden Joinery Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Howden Joinery Group PLC (OTCPK:HWDJY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HWDJF:USA HWDNl:UK HWDN:UK

Address

105 Wigmore Street, London, GBR, W1U 1QY

Website

https://www.howdenjoinerygroupplc.com

Howden Joinery Group PLC is a U.K.-based company that manufactures, sources, and sells kitchen and joinery products. The Group's operations are mainly located in the United Kingdom with a small presence in France, Belgium, and the Republic of Ireland. It generates the majority of its revenue from the U.K. The firm caters to small, local homebuilders. The company's products are divided among its kitchen collection, which includes kitchen accessories and cabinets; the appliance collection, which includes ovens, refrigeration, dishwashers, and laundry; the doors and joinery collection, which includes internal, external, and sliding doors and frames; the hardware collection, which includes door handles and accessories; the flooring collection; and the bathroom cabinet collection.