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Costco Wholesale Corp  (NAS:COST) Cash-to-Debt: 1.10 (As of Feb. 2019)

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. Costco Wholesale Corp's cash to debt ratio for the quarter that ended in Feb. 2019 was 1.10.

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, Costco Wholesale Corp could pay off its debt using the cash in hand for the quarter that ended in Feb. 2019.

NAS:COST' s Cash-to-Debt Range Over the Past 10 Years
Min: -0.13   Max: 5.83
Current: 1.1

-0.13
5.83

During the past 13 years, Costco Wholesale Corp's highest Cash to Debt Ratio was 5.83. The lowest was -0.13. And the median was 0.98.

NAS:COST's Cash-to-Debt is ranked higher than
58% of the 373 Companies
in the Global industry.

( Industry Median: 0.55 vs. NAS:COST: 1.10 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Costco Wholesale Corp Annual Data

Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.44 1.04 0.92 0.87 1.12

Costco Wholesale Corp Quarterly Data

May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19
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 0.90 1.09 1.12 1.23 1.10

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.


Costco Wholesale Corp Distribution

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



Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Costco Wholesale Corp's Cash to Debt Ratio for the fiscal year that ended in Aug. 2018 is calculated as:

Costco Wholesale Corp's Cash to Debt Ratio for the quarter that ended in Feb. 2019 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


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