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Atkore Cash-to-Debt

: 0.38 (As of Mar. 2021)
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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. Atkore's cash to debt ratio for the quarter that ended in Mar. 2021 was 0.38.

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, Atkore couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2021.

NYSE:ATKR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05   Med: 0.16   Max: 0.38
Current: 0.38

0.05
0.38

During the past 8 years, Atkore's highest Cash to Debt Ratio was 0.38. The lowest was 0.05. And the median was 0.16.

NYSE:ATKR's Cash-to-Debt is ranked lower than
74% of the 2605 Companies
in the Industrial Products industry.

( Industry Median: 1.14 vs. NYSE:ATKR: 0.38 )

Atkore Cash-to-Debt Historical Data

* 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.

Atkore Annual Data
Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only 0.32 0.08 0.14 0.15 0.34

Atkore Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.15 0.27 0.34 0.35 0.38

Competitive Comparison
* 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.


Atkore Cash-to-Debt Distribution

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



Atkore 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.

Atkore's Cash to Debt Ratio for the fiscal year that ended in Sep. 2020 is calculated as:

Atkore's Cash to Debt Ratio for the quarter that ended in Mar. 2021 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.


Atkore  (NYSE:ATKR) 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.


Atkore Cash-to-Debt Related Terms


Atkore Cash-to-Debt Headlines

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