KGSPF (Kingspan Group) Cash-to-Debt : 0.36 (As of Dec. 2024)

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What is Kingspan 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. Kingspan Group's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.36.

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, Kingspan 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 Kingspan Group's Cash-to-Debt or its related term are showing as below:

KGSPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.34 Max: 0.78
Current: 0.36

During the past 13 years, Kingspan Group's highest Cash to Debt Ratio was 0.78. The lowest was 0.20. And the median was 0.34.

KGSPF's Cash-to-Debt is ranked worse than
62.47% of 1724 companies
in the Construction industry
Industry Median: 0.63 vs KGSPF: 0.36

Kingspan Group Cash-to-Debt Historical Data

The historical data trend for Kingspan 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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Kingspan Group Cash-to-Debt Chart

Kingspan Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.78

0.41

0.27

0.44

0.36

Kingspan Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.27	0.32	0.44	0.23	0.36

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

For the Building Products & Equipment subindustry, Kingspan 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.

Kingspan Group's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kingspan Group's Cash-to-Debt distribution charts can be found below:

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

Kingspan 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.

Kingspan 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)
	=	1052.775	/	(273.927	+	2680.628)
	=	0.36

Kingspan 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)
	=	1052.775	/	(273.927	+	2680.628)
	=	0.36

Kingspan Group (OTCPK:KGSPF) 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.

Kingspan Group Cash-to-Debt Related Terms

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Kingspan Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kingspan Group PLC (OTCPK:KGSPF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KGSPY:USA KRX:Ireland KRXi:UK 0KGP:UK KRX:Germany

Address

Dublin Road, Kingscourt, County Cavan, IRL, A82 XY31

Website

https://www.kingspan.com

Kingspan Group PLC is a building products manufacturer with a global portfolio that focuses on building envelope products and systems that want to improve the energy efficiency of the built environment. Having entered insulation products markets in the 1980s, the group's scope has expanded significantly in the decades since to now include roofing, flooring, natural light ventilation, and water recycling solutions, as well as piping and ducting products used in HVAC and district heating applications. Kingspan has a global manufacturing footprint of more than 210 manufacturing sites spread across some 80 countries.