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Aflac (NYSE:AFL) Cash-to-Debt

: 0.63 (As of Sep. 2022)
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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. Aflac's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.63.

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, Aflac couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

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

AFL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1   Med: 0.7   Max: 2.67
Current: 0.63

During the past 13 years, Aflac's highest Cash to Debt Ratio was 2.67. The lowest was 0.10. And the median was 0.70.

AFL's Cash-to-Debt is ranked worse than
74.13% of 491 companies
in the Insurance industry
Industry Median: 2.37 vs AFL: 0.63

Aflac Cash-to-Debt Historical Data

The historical data trend for Aflac'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.

* Premium members only.

Aflac Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.75 0.75 0.65 0.64

Aflac Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Cash-to-Debt 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 Premium Member Only Premium Member Only Premium Member Only 0.77 0.64 0.55 0.70 0.63

Competitive Comparison

For the Insurance - Life subindustry, Aflac'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.

   

Aflac Cash-to-Debt Distribution

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

* The bar in red indicates where Aflac's Cash-to-Debt falls in comparison to its industry or sector. The grey bar indicates the Cash-to-Debt's extreme value range as defined by GuruFocus.



Aflac 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.

Aflac's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Aflac's Cash to Debt Ratio for the quarter that ended in Sep. 2022 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.


Aflac  (NYSE:AFL) 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.


Aflac Cash-to-Debt Related Terms

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


Aflac (NYSE:AFL) Business Description

Aflac logo
Traded in Other Exchanges
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accidents, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.
Executives
Virgil Raynard Miller officer: President, Aflac U.S. 1932 WYNNTON ROAD, COLUMBUS GA 31999
Bradley Eugene Dyslin officer: Executive Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
Nobuchika Mori director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Georgette D. Kiser director 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Steven Kent Beaver officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD, COLUMBUS GA 31999
Richard Jr Williams officer: Executive V.P. 1932 WYNNTON RD, COLUMBUS GA 31999
Albert Riggieri officer: SVP, Corporate Actuary 1932 WYNNTON RD, COLUMBUS GA 31999
Katherine Rohrer director 1932 WYNNTON RD, COLUMBUS GA 31999
Masatoshi Koide officer: Deputy President, Aflac Japan 1932 WYNNTON RD, COLUMBUS GA 31999
Max Broden officer: Senior Vice President 1932 WYNNTON RD, COLUMBUS GA 31999
Karole Lloyd director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Toshihiko Fukuzawa director 1932 WYNNTON RD, COLUMBUS GA 31999
James Todd Daniels officer: Sr. Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Frederick John Crawford officer: EVP, Chief Financial Officer AFLAC INCORPORATED, COLUMBUS GA 31999

Aflac (NYSE:AFL) Headlines

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