KFS (Kingsway Financial Services) Cash-to-Debt : 0.09 (As of Dec. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Kingsway Financial Services 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. Kingsway Financial Services's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.09.

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, Kingsway Financial Services 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 Kingsway Financial Services's Cash-to-Debt or its related term are showing as below:

KFS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 1.3
Current: 0.09

During the past 13 years, Kingsway Financial Services's highest Cash to Debt Ratio was 1.30. The lowest was 0.02. And the median was 0.10.

KFS's Cash-to-Debt is ranked worse than
86.67% of 1298 companies
in the Vehicles & Parts industry
Industry Median: 0.55 vs KFS: 0.09

Kingsway Financial Services Cash-to-Debt Historical Data

The historical data trend for Kingsway Financial Services'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.

Kingsway Financial Services Cash-to-Debt Chart

Kingsway Financial Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.10

0.62

0.20

0.09

Kingsway Financial Services Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.20	0.25	0.20	0.11	0.09

Competitive Comparison of Kingsway Financial Services's Cash-to-Debt

For the Auto & Truck Dealerships subindustry, Kingsway Financial Services'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.

Kingsway Financial Services's Cash-to-Debt Distribution in the Vehicles & Parts Industry

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

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

Save Embed

;

Save Embed

;

Kingsway Financial Services 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.

Kingsway Financial Services's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5.493	/	(0	+	60.219)
	=	0.09

Kingsway Financial Services's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5.493	/	(0	+	60.219)
	=	0.09

Kingsway Financial Services (NYSE:KFS) 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.

Kingsway Financial Services Cash-to-Debt Related Terms

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

Kingsway Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kingsway Financial Services Inc (NYSE:KFS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 South Riverside Plaza, Suite 1520, Chicago, IL, USA, 60606

Website

https://www.kingsway-financial.com

Kingsway Financial Services Inc through subsidiaries operates in the extended warranty and business services industries in the United States. The company operates through segments namely, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment provides after-market vehicle protection services distributed by credit unions. The firm generates maximum revenue from the Extended Warranty segment in the form of Service fee and commission income.

Executives

Fitzgerald John Taylor Maloney	director, officer: Executive Vice President	KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Kent A Hansen	officer: CFO & EVP	C/O KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Joseph Stilwell	director, 10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Charles L Frischer	director	3156 EAST LAURELHURST DRIVE, NE, SEATTLE WA 98105
Oakmont Capital Inc	10 percent owner	112 ST.CLAIR AVENUE WEST, SUITE 400, ONTARIO Z4 M4V 2Y3
Gregory Paul Hannon	director	OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Terence Michael Kavanagh	director	OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Paul R. Hogan	officer: Secretary and General Counsel	150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Porcelli Corissa B.	director	150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Stilwell Associates L P	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Hickey William August Jr	officer: Executive VP, COO and CFO	KINGSWAY FINANCIAL SERVICES, INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Douglas Levine	director	2602 NW 5TH AVENUE, MIAMI FL 33127