Skopski Pazar AD (XMAE:SPAZ) Cash-to-Debt : 0.01 (As of Jun. 2024)

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What is Skopski Pazar AD 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. Skopski Pazar AD's cash to debt ratio for the quarter that ended in Jun. 2024 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, Skopski Pazar AD couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

XMAE:SPAZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.1
Current: 0.01

During the past 13 years, Skopski Pazar AD's highest Cash to Debt Ratio was 0.10. The lowest was 0.00. And the median was 0.01.

XMAE:SPAZ's Cash-to-Debt is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.43 vs XMAE:SPAZ: 0.01

Skopski Pazar AD Cash-to-Debt Historical Data

The historical data trend for Skopski Pazar AD'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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Skopski Pazar AD Cash-to-Debt Chart

Skopski Pazar AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.10

0.05

0.03

0.01

Skopski Pazar AD Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.02	0.01	N/A	0.01

Competitive Comparison of Skopski Pazar AD's Cash-to-Debt

For the Department Stores subindustry, Skopski Pazar AD'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.

Skopski Pazar AD's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Skopski Pazar AD's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Skopski Pazar AD's Cash-to-Debt falls into.

Skopski Pazar AD 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.

Skopski Pazar AD'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)
	=	2.524	/	(65.267	+	293.764)
	=	0.01

Skopski Pazar AD's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	2.48	/	(32.667	+	293.764)
	=	0.01

Skopski Pazar AD (XMAE:SPAZ) 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.

Skopski Pazar AD Cash-to-Debt Related Terms

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

Skopski Pazar AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Skopski Pazar AD (XMAE:SPAZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

109b Jane Sandanski Boulevard, Skopje, MKD, 1000

Website

http://www.skopskipazar.com.mk

Skopski Pazar AD operates supermarkets. Its business activities are divided into three divisions including trade, real estate renting and catering. Trade division operates supermarkets under the name SP Market and discounts stores under the name Maksi D. Real estate renting division invests in modern buildings and renovates market structures. Catering divisions operates a restaurant in Taftalidze.

Skopski Pazar AD Headlines

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