WPP Scangroup (NAI:SCAN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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What is WPP Scangroup 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. WPP Scangroup's cash to debt ratio for the quarter that ended in Jun. 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, WPP Scangroup could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 WPP Scangroup's Cash-to-Debt or its related term are showing as below:

NAI:SCAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.74 Med: 25.64 Max: No Debt
Current: 16.21

During the past 13 years, WPP Scangroup's highest Cash to Debt Ratio was No Debt. The lowest was 6.74. And the median was 25.64.

NAI:SCAN's Cash-to-Debt is ranked better than
79.86% of 1033 companies
in the Media - Diversified industry
Industry Median: 1.28 vs NAI:SCAN: 16.21

WPP Scangroup Cash-to-Debt Historical Data

The historical data trend for WPP Scangroup'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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WPP Scangroup Cash-to-Debt Chart

WPP Scangroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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6.74

18.61

27.70

23.54

18.88

WPP Scangroup 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															No Debt	23.54	No Debt	18.88	No Debt

Competitive Comparison of WPP Scangroup's Cash-to-Debt

For the Advertising Agencies subindustry, WPP Scangroup'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.

WPP Scangroup's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WPP Scangroup's Cash-to-Debt distribution charts can be found below:

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

WPP Scangroup 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.

WPP Scangroup'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)
	=	3327.292	/	(108.673	+	67.595)
	=	18.88

WPP Scangroup's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

WPP Scangroup had no debt ⁽¹⁾.

WPP Scangroup (NAI:SCAN) 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.

WPP Scangroup Cash-to-Debt Related Terms

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WPP Scangroup Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WPP Scangroup Ltd (NAI:SCAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Valley Road, Upper Hill, The Chancery, 5th Floor, P.O. Box 34537, Nairobi, KEN, 00100

Website

https://www.wpp-scangroup.com

WPP Scangroup Ltd is a company based in Kenya which is engaged in the provision of marketing communication services. The principal activity of the company includes the provision of integrated marketing communication services, which consolidates six disciplines including advertising, branding, consulting, media investment management, advertising research, public relations, digital advertising, and specialty communications. Geographically, the company derives a majority of its revenue from Kenya.

WPP Scangroup (NAI:SCAN) Cash-to-Debt : No Debt (1) (As of Jun. 2024)