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ODMUF (Old Mutual) Cash-to-Debt : 2.24 (As of Jun. 2024)


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What is Old Mutual 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. Old Mutual's cash to debt ratio for the quarter that ended in Jun. 2024 was 2.24.

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, Old Mutual could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Old Mutual's Cash-to-Debt or its related term are showing as below:

ODMUF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.94   Med: 1.44   Max: 2.24
Current: 2.24

During the past 13 years, Old Mutual's highest Cash to Debt Ratio was 2.24. The lowest was 0.94. And the median was 1.44.

ODMUF's Cash-to-Debt is ranked better than
54.13% of 484 companies
in the Insurance industry
Industry Median: 1.775 vs ODMUF: 2.24

Old Mutual Cash-to-Debt Historical Data

The historical data trend for Old Mutual'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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Old Mutual Cash-to-Debt Chart

Old Mutual 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 1.07 1.22 1.78 1.45 1.42

Old Mutual 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 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 2.00 1.45 1.91 1.42 2.24

Competitive Comparison of Old Mutual's Cash-to-Debt

For the Insurance - Life subindustry, Old Mutual'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.


Old Mutual's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Old Mutual's Cash-to-Debt distribution charts can be found below:

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



Old Mutual 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.

Old Mutual's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

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

* 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.


Old Mutual  (OTCPK:ODMUF) 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.


Old Mutual Cash-to-Debt Related Terms

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


Old Mutual Business Description

Address
Mutualpark, Jan Smuts Drive, Pinelands, Cape Town, WC, ZAF, 7405
Old Mutual Ltd provides financial services that include wealth management, banking, asset management, and insurance. The firm is organized into the following operational segments: the mass and foundation cluster; Personal Finance and Wealth Management; Old Mutual Investments; Old Mutual corporate; Old Mutual Insure; Old Mutual Africa Regions; and other group activities.

Old Mutual Headlines

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