APD (Air Products and Chemicals) Cash-to-Debt : 0.10 (As of Mar. 2025)

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What is Air Products and Chemicals 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. Air Products and Chemicals's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.10.

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, Air Products and Chemicals couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

APD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.47 Max: 0.93
Current: 0.1

During the past 13 years, Air Products and Chemicals's highest Cash to Debt Ratio was 0.93. The lowest was 0.04. And the median was 0.47.

APD's Cash-to-Debt is ranked worse than
87.56% of 1560 companies
in the Chemicals industry
Industry Median: 0.73 vs APD: 0.10

Air Products and Chemicals Cash-to-Debt Historical Data

The historical data trend for Air Products and Chemicals'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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Air Products and Chemicals Cash-to-Debt Chart

Air Products and Chemicals Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Cash-to-Debt

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0.77

0.71

0.40

0.18

0.20

Air Products and Chemicals Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.17	0.20	0.13	0.10

Competitive Comparison of Air Products and Chemicals's Cash-to-Debt

For the Specialty Chemicals subindustry, Air Products and Chemicals'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.

Air Products and Chemicals's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Products and Chemicals's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Air Products and Chemicals's Cash-to-Debt falls into.

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Air Products and Chemicals 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.

Air Products and Chemicals's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	2984.7	/	(795.2	+	14210.9)
	=	0.20

Air Products and Chemicals's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	1602.8	/	(1603.9	+	14891.4)
	=	0.10

Air Products and Chemicals (NYSE:APD) 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.

Air Products and Chemicals Cash-to-Debt Related Terms

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

Air Products and Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Air Products and Chemicals Inc (NYSE:APD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

APD:Mexico 1APD:Italy 0HBH:UK AP3:Germany AP3:Germany AP3:Germany A1PD34:Brazil APCD:Austria

Address

1940 Air Products Boulevard, Allentown, PA, USA, 18106-5500

Website

https://www.airproducts.com

Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.1 billion in revenue in fiscal 2024.

Executives

Melissa N. Schaeffer	officer: Senior Vice President and CFO	1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Sean D Major	officer: Executive VP & General Counsel	100 E. WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202
Jeffrey Kutz	officer: VP, Controller & PAO	1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106-5500
Seifi Ghasemi	director	100 OVERLOOK CENTER, PRINCETON NJ 08540
Tonit M Calaway	director	HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Wayne Thomas Smith	director	1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Edward L Monser	director
Lisa Ann Davis	director	2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Russell A Flugel	officer: Chief Accounting Officer	C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Charles I Cogut	director	7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Samir Serhan	officer: Executive Vice President	7201 HAMILTON BLVD., ALLENTOWN PA 18195
Jennifer Grant	officer: VP	7201 HAMILTON BLVD, ALLENTOWN PA 18195
John D. Stanley	officer: SR VP and General Counsel	7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Guillermo Novo	officer: Senior V.P.	AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Painter Corning F.	officer: Senior V.P.	7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501