Reckitt Benckiser Group (MEX:RB) Cash-to-Debt : 0.11 (As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Reckitt Benckiser 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. Reckitt Benckiser Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.11.

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

MEX:RB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.14 Max: 0.37
Current: 0.11

During the past 13 years, Reckitt Benckiser Group's highest Cash to Debt Ratio was 0.37. The lowest was 0.10. And the median was 0.14.

MEX:RB's Cash-to-Debt is ranked worse than
78% of 1877 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs MEX:RB: 0.11

Reckitt Benckiser Group Cash-to-Debt Historical Data

The historical data trend for Reckitt Benckiser 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.

* Premium members only.

Reckitt Benckiser Group Cash-to-Debt Chart

Reckitt Benckiser Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.12

0.14

0.13

0.10

0.14

Reckitt Benckiser 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															0.13	0.10	0.12	0.14	0.11

Competitive Comparison of Reckitt Benckiser Group's Cash-to-Debt

For the Household & Personal Products subindustry, Reckitt Benckiser 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.

Reckitt Benckiser Group's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Reckitt Benckiser Group's Cash-to-Debt distribution charts can be found below:

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

Reckitt Benckiser 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.

Reckitt Benckiser 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)
	=	24881.239	/	(36075.649	+	147353.662)
	=	0.14

Reckitt Benckiser 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)
	=	22981.707	/	(24962.888	+	182385.249)
	=	0.11

Reckitt Benckiser Group (MEX:RB) 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.

Reckitt Benckiser Group Cash-to-Debt Related Terms

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

Reckitt Benckiser Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Reckitt Benckiser Group PLC (MEX:RB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RBGPF:USA RBGLY:USA RKTl:UK RKT:UK 3RB:Germany 3RB:Germany 3RB:Germany 3RBB:Germany 3RB:Germany

Address

103-105 Bath Road, Slough, Berkshire, GBR, SL1 3UH

Website

https://www.reckitt.com

Reckitt Benckiser was formed in 1999 through the merger of the British firm Reckitt & Colman and Dutch-based Benckiser. Recently rebranded under the corporate name Reckitt, it sells a portfolio that includes a variety of household and consumer health brands, such as Lysol, Finish, Durex, and Mucinex, many of which hold the number-one or -two positions in their categories globally. Reckitt has repositioned its portfolio and has entered the infant formula market through the acquisition of Mead Johnson in 2017, expanded its consumer health presence by acquiring Schiff Nutrition, K-Y, and Biofreeze, and has exited the food industry. The firm operates in 60 countries and sells products in more than 200, generating around 35% of sales from emerging markets.

Reckitt Benckiser Group Headlines

No Headlines