Simpson Manufacturing Co (Simpson Manufacturing Co) Cash-to-Debt : 0.78 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Simpson Manufacturing Co 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. Simpson Manufacturing Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.78.

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, Simpson Manufacturing Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SSD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 5003.28 Max: 14461.5
Current: 0.7

During the past 13 years, Simpson Manufacturing Co's highest Cash to Debt Ratio was 14461.50. The lowest was 0.47. And the median was 5003.28.

SSD's Cash-to-Debt is ranked better than
64.56% of 285 companies
in the Forest Products industry
Industry Median: 0.32 vs SSD: 0.70

Simpson Manufacturing Co Cash-to-Debt Historical Data

The historical data trend for Simpson Manufacturing Co'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.

Simpson Manufacturing Co Cash-to-Debt Chart

Simpson Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

6.45

5.93

6.57

0.47

0.78

Simpson Manufacturing Co 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															0.41	0.66	0.93	0.78	0.70

Competitive Comparison of Simpson Manufacturing Co's Cash-to-Debt

For the Lumber & Wood Production subindustry, Simpson Manufacturing Co'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.

Simpson Manufacturing Co's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Simpson Manufacturing Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Simpson Manufacturing Co's Cash-to-Debt falls into.

Simpson Manufacturing Co 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.

Simpson Manufacturing Co'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)
	=	429.822	/	(37.454	+	514.115)
	=	0.78

Simpson Manufacturing Co's Cash to Debt Ratio for the quarter 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)
	=	429.822	/	(37.454	+	514.115)
	=	0.78

Simpson Manufacturing Co (NYSE:SSD) 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.

Simpson Manufacturing Co Cash-to-Debt Related Terms

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

Simpson Manufacturing Co (Simpson Manufacturing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Simpson Manufacturing Co Inc (NYSE:SSD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TWL:Germany TWL:Germany

Address

5956 W. Las Positas Boulevard, Pleasanton, CA, USA, 94588

Website

https://www.simpsonmfg.com

Simpson Manufacturing Co Inc is a manufacturer of wood construction products. The company offers connectors, truss plates, fastening systems, fasteners, prefabricated lateral systems, concrete construction products, adhesives, mechanical anchors, carbide drill bits, powder-actuated tools, and fiber reinforced materials. Simpson Manufacturing markets its products to the residential, light industrial, and commercial construction markets as well as the remodeling and do-it-yourself markets. The largest end market is the United States.

Executives

Roger Dankel	officer: President, Simpson Strong-Tie	5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
James S Andrasick	director	SIMPSON MANUFACTURING CO., INC., 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Philip E Donaldson	director	5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
Kevin Lee Swartzendruber	officer: Senior VP of Finance	5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
Chau Banks	director	1221 BROADWAY, OAKLAND CA 94612
Felica Coney	director	5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Michael Andersen	officer: EVP, Europe	5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Karen Winifred Colonias	officer: Vice President	C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Brian J Magstadt	officer: Chief Financial Officer	5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
Phillip Burton	officer: EVP, North America	5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Jeremy Gilstrap	officer: EVP, Innovation	5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Jennifer Lutz	officer: EVP, Human Resources	5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Kenneth D. Knight	director	1400 16TH STREET, SAN FRANCISCO CA 94103
Michael Olosky	officer: Chief Operating Officer	C/O SIMPSON MANUFACTURING CO., INC., 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Michael A Bless	director	C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202