Pier 1 Imports (STU:PJ1A) Cash-to-Debt : 0.01 (As of Nov. 2019)

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What is Pier 1 Imports 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. Pier 1 Imports's cash to debt ratio for the quarter that ended in Nov. 2019 was 0.01.

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, Pier 1 Imports couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2019.

The historical rank and industry rank for Pier 1 Imports's Cash-to-Debt or its related term are showing as below:

STU:PJ1A's Cash-to-Debt is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 0.47
* Ranked among companies with meaningful Cash-to-Debt only.

Pier 1 Imports Cash-to-Debt Historical Data

The historical data trend for Pier 1 Imports'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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Pier 1 Imports Cash-to-Debt Chart

Pier 1 Imports Annual Data

Trend

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Cash-to-Debt

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0.49

0.57

0.77

0.68

0.22

Pier 1 Imports Quarterly Data
	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19
Cash-to-Debt	Get a 7-Day Free Trial															0.36	0.22	0.03	0.01	0.01

Competitive Comparison of Pier 1 Imports's Cash-to-Debt

For the Specialty Retail subindustry, Pier 1 Imports'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.

Pier 1 Imports's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pier 1 Imports's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pier 1 Imports's Cash-to-Debt falls into.

Pier 1 Imports 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.

Pier 1 Imports's Cash to Debt Ratio for the fiscal year that ended in Feb. 2019 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)
	=	48.348	/	(1.762	+	216.395)
	=	0.22

Pier 1 Imports's Cash to Debt Ratio for the quarter that ended in Nov. 2019 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)
	=	10.025	/	(222.454	+	675.244)
	=	0.01

Pier 1 Imports (STU:PJ1A) 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.

Pier 1 Imports Cash-to-Debt Related Terms

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Pier 1 Imports (STU:PJ1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pier 1 Imports Inc (STU:PJ1A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Pier 1 Place, Fort Worth, TX, USA, 76102

Website

https://www.pier1.com

Pier 1 Imports Inc is a United-States-based retailer of decorative accessories, furniture, candles, homeware, gifts and seasonal products. The company operates through retail stores and an e-commerce website under the brand Pier 1 Imports. Most of the company's stores are located in the U.S., followed with a few stores in Canada. The company also provides products and licenses the Pier 1 Imports brand to Grupo Sanborns, which operates a number of stores in Mexico and El Salvador. The company sells merchandise produced in a number of countries, such as China, India, Vietnam, Indonesia, the U.S., and others.

Pier 1 Imports (STU:PJ1A) Headlines

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