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KCLI (Kansas City Life Insurance Co) Cash-to-Debt : No Debt (1) (As of Sep. 2024)


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What is Kansas City Life Insurance Co 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. Kansas City Life Insurance Co's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt (1).

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, Kansas City Life Insurance Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) 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.

The historical rank and industry rank for Kansas City Life Insurance Co's Cash-to-Debt or its related term are showing as below:

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

During the past 13 years, Kansas City Life Insurance Co's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

KCLI's Cash-to-Debt is ranked better than
99.59% of 482 companies
in the Insurance industry
Industry Median: 1.735 vs KCLI: No Debt

Kansas City Life Insurance Co Cash-to-Debt Historical Data

The historical data trend for Kansas City Life Insurance Co'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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Kansas City Life Insurance Co Cash-to-Debt Chart

Kansas City Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Kansas City Life Insurance Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Kansas City Life Insurance Co's Cash-to-Debt

For the Insurance - Life subindustry, Kansas City Life Insurance Co'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.


Kansas City Life Insurance Co's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Kansas City Life Insurance Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kansas City Life Insurance Co's Cash-to-Debt falls into.



Kansas City Life Insurance Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Kansas City Life Insurance Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Kansas City Life Insurance Co had no debt (1).

Kansas City Life Insurance Co's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Kansas City Life Insurance Co had no debt (1).

* 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.


Kansas City Life Insurance Co  (OTCPK:KCLI) 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.


Kansas City Life Insurance Co Cash-to-Debt Related Terms

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


Kansas City Life Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
3520 Broadway, Kansas, MO, USA, 64111-2565
Kansas City Life Insurance Co is a Missouri-domiciled insurance company providing individual life, annuity, and group products through general agencies located throughout the United States. The company operates its business in three segments; The Individual Insurance segment consists of individual insurance products for Kansas City Life, Grange Life, and the assumed reinsurance transactions, The Group Insurance segment consists of sales of group life, dental, vision, disability, accident, and critical illness products, and The Old American segment consists of individual insurance products designed largely as final expense products, out of which the Individual insurance segment derives the maximum revenue. The company makes majority of its revenue from Individual Insurance Segment.

Kansas City Life Insurance Co Headlines

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