Service Industries (KAR:SRVI) Cash-to-Debt : 0.08 (As of Sep. 2024)

View and export this data going back to 1970. Start your Free Trial

What is Service Industries 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. Service Industries's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.08.

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, Service Industries couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

KAR:SRVI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.46
Current: 0.08

During the past 11 years, Service Industries's highest Cash to Debt Ratio was 0.46. The lowest was 0.01. And the median was 0.07.

KAR:SRVI's Cash-to-Debt is ranked worse than
87.41% of 1303 companies
in the Vehicles & Parts industry
Industry Median: 0.55 vs KAR:SRVI: 0.08

Service Industries Cash-to-Debt Historical Data

The historical data trend for Service Industries'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.

* Premium members only.

Service Industries Cash-to-Debt Chart

Service Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.29

0.17

0.05

0.13

Service Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.13	0.09	0.13	0.08

Competitive Comparison of Service Industries's Cash-to-Debt

For the Auto Parts subindustry, Service Industries'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.

Service Industries's Cash-to-Debt Distribution in the Vehicles & Parts Industry

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

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

Save Embed

;

Save Embed

;

Service Industries 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.

Service Industries'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)
	=	6516.558	/	(29808.76	+	20394.165)
	=	0.13

Service Industries's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	3985.93	/	(30105.964	+	19622.343)
	=	0.08

Service Industries (KAR:SRVI) 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.

Service Industries Cash-to-Debt Related Terms

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

Service Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Service Industries Ltd (KAR:SRVI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Servis House, 2 Main Gulberg, Lahore, PAK, 54662

Website

https://www.servisgroup.com

Service Industries Ltd manufactures and sells footwear, tyres, tubes, and technical rubber products. The company's reportable segments are Footwear which includes the purchase, manufacturing and sale of different qualities of footwear, Tyre which includes the manufacturing of different qualities of tyres and tubes, and Others which includes manufacturing of different qualities of rubber products on specifications and trading and manufacturing of spare parts of automobiles. The company generates a majority of its revenues from the Tyre division. Geographically, the company derives a majority of its revenue from Pakistan and the rest from Europe, Asia, North America, Australia and other regions.

Service Industries Headlines

No Headlines