Cemex Holdings Philippines (PHS:CHP) Cash-to-Debt : 0.15 (As of Mar. 2024)

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What is Cemex Holdings Philippines 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. Cemex Holdings Philippines's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.15.

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, Cemex Holdings Philippines couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

PHS:CHP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.27 Max: No Debt
Current: 0.15

During the past 11 years, Cemex Holdings Philippines's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.27.

PHS:CHP's Cash-to-Debt is ranked worse than
74.93% of 375 companies
in the Building Materials industry
Industry Median: 0.46 vs PHS:CHP: 0.15

Cemex Holdings Philippines Cash-to-Debt Historical Data

The historical data trend for Cemex Holdings Philippines'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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Cemex Holdings Philippines Cash-to-Debt Chart

Cemex Holdings Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.10

0.48

0.54

0.25

0.19

Cemex Holdings Philippines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.13	0.13	0.19	0.15

Competitive Comparison of Cemex Holdings Philippines's Cash-to-Debt

For the Building Materials subindustry, Cemex Holdings Philippines'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.

Cemex Holdings Philippines's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cemex Holdings Philippines's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cemex Holdings Philippines's Cash-to-Debt falls into.

Cemex Holdings Philippines 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.

Cemex Holdings Philippines'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)
	=	1721.492	/	(824.177	+	8491.194)
	=	0.18

Cemex Holdings Philippines's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	1509.542	/	(2092.756	+	8222.799)
	=	0.15

Cemex Holdings Philippines (PHS:CHP) 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.

Cemex Holdings Philippines Cash-to-Debt Related Terms

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

Cemex Holdings Philippines (PHS:CHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemex Holdings Philippines Inc (PHS:CHP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

358 Sen. Gil. J. Puyat Avenue, 34th Floor Petron Mega Plaza Building, Makati, PHL, 1200

Website

https://www.cemexholdingsphilippines.com

Cemex Holdings Philippines Inc is a holding company engaged in manufacturing and marketing cement products such as ready-mix concrete and clinker, in the Philippines. The company primarily sells gray portland cement, masonry, blended cement, and ready-mix concrete. It also offers bag cement and bulk cement. The company markets its products under the brand name APO, Island, and Rizal.

Cemex Holdings Philippines (PHS:CHP) Headlines

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