Adore Beauty Group (ASX:ABY) Cash-to-Debt : 16.28 (As of Dec. 2023)

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What is Adore Beauty Group 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. Adore Beauty Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 16.28.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Adore Beauty Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:ABY' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.28 Med: 25.4 Max: 44.49
Current: 16.28

During the past 4 years, Adore Beauty Group's highest Cash to Debt Ratio was 44.49. The lowest was 16.28. And the median was 25.40.

ASX:ABY's Cash-to-Debt is ranked better than
90.94% of 1104 companies
in the Retail - Cyclical industry
Industry Median: 0.465 vs ASX:ABY: 16.28

Adore Beauty Group Cash-to-Debt Historical Data

The historical data trend for Adore Beauty Group'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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Adore Beauty Group Cash-to-Debt Chart

Adore Beauty Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

5.29

21.55

25.40

44.49

Adore Beauty Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			20.17	25.40	33.25	44.49	16.28

Competitive Comparison of Adore Beauty Group's Cash-to-Debt

For the Internet Retail subindustry, Adore Beauty Group'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.

Adore Beauty Group's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Adore Beauty Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Adore Beauty Group's Cash-to-Debt falls into.

Adore Beauty Group 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.

Adore Beauty Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	27.761	/	(0.482	+	0.142)
	=	44.49

Adore Beauty Group'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)
	=	32.254	/	(0.436	+	1.545)
	=	16.28

Adore Beauty Group (ASX:ABY) 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.

Adore Beauty Group Cash-to-Debt Related Terms

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Adore Beauty Group (ASX:ABY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Adore Beauty Group Ltd (ASX:ABY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

421 High Street, Level 1, Northcote, VIC, AUS, 3070

Website

https://www.adorebeautygroup.com.au

Adore Beauty Group Ltd is engaged in the online sale of cosmetics. It offers various products including skin care, hair care, body care, cosmetics, fragrances, oral care, and dietary supplements among others. The firm generates revenue through the sale of beauty and personal care products online.

Adore Beauty Group (ASX:ABY) Headlines

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