K2M Group Holdings (K2M Group Holdings) Cash-to-Debt : 0.44 (As of Sep. 2018)

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What is K2M Group Holdings 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. K2M Group Holdings's cash to debt ratio for the quarter that ended in Sep. 2018 was 0.44.

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, K2M Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2018.

The historical rank and industry rank for K2M Group Holdings's Cash-to-Debt or its related term are showing as below:

KTWO's Cash-to-Debt is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 2.03
* Ranked among companies with meaningful Cash-to-Debt only.

K2M Group Holdings Cash-to-Debt Historical Data

The historical data trend for K2M Group Holdings'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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K2M Group Holdings Cash-to-Debt Chart

K2M Group Holdings Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

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0.17

No Debt

1.01

0.63

0.32

K2M Group Holdings Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Cash-to-Debt	Get a 7-Day Free Trial															0.46	0.32	0.21	0.53	0.44

Competitive Comparison of K2M Group Holdings's Cash-to-Debt

For the Medical Devices subindustry, K2M Group Holdings'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.

K2M Group Holdings's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, K2M Group Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where K2M Group Holdings's Cash-to-Debt falls into.

K2M Group Holdings 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.

K2M Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 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)
	=	23.964	/	(1.122	+	72.988)
	=	0.32

K2M Group Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 2018 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)
	=	55.631	/	(1.241	+	125.879)
	=	0.44

K2M Group Holdings (NAS:KTWO) 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.

K2M Group Holdings Cash-to-Debt Related Terms

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K2M Group Holdings (K2M Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » K2M Group Holdings Inc (NAS:KTWO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.k2m.com

K2M Group Holdings Inc is a medical device company focused on the development of minimally invasive spine technologies. Its products are used by surgeons to treat a variety of spinal pathologies, include deformities, scoliosis, trauma, and tumors. These products include implants, disposables, and instruments and are largely sold to hospitals. The firm sells products in three categories: complex spine pathologies, minimally invasive procedures, and degenerative and other conditions. Sales of products that treat degenerative and other conditions contribute the largest proportion of revenue. K2M generates the majority of its revenue in the United States.

Executives

Ray A Ranelli	director	12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Paul B Quaelly	director	320 PARK AVENUE STE 2500, NEW YORK NY 10022
Sean Traynor	director	320 PARK AVENUE STE 2500, NEW YORK NY 10022
Brian Thomas Regan	10 percent owner	320 PARK AVENUE, SUITE 2500, NEW YORK NY 10022
Wcas Management Corp	10 percent owner	599 LEXINGTON AVENUE, SUITE 1800, NEW YORK NY 10022
Christopher Solomon	10 percent owner	C/O WELSH CARSON ANDERSON & STOWE, 320 PARK AVENUE, SUITE 2500, NEW YORK NY 10022
Thomas Scully	10 percent owner	320 PARK AVENUE, SUITE # 2500, NEW YORK NM 10022
Wcas Capital Partners Iv, L.p.	10 percent owner	320 PARK AVENUE, SUITE 2500, NEW YORK NY 10022
Russell L Carson	10 percent owner	320 PARK AVENUE STE 2500, NEW YORK NY 10022
Patrick J Welsh	10 percent owner	320 PARK AVENUE STE 2500, NEW YORK NY 10022
Bruce K Anderson	10 percent owner	320 PARK AVENUE STE 2500, NEW YORK NY 10022
Eric J. Lee	10 percent owner	320 PARK AVENUE, SUITE #2500, NEW YORK NY 10022
Michael Donovan	10 percent owner	320 PARK AVENUE, SUITE 2500, NEW YORK NY 10022-6815
D Scott Mackesy	10 percent owner	320 PARK AVENUE STE 2500, NEW YORK NY 10022
Jonathan M Rather	10 percent owner	320 PARK AVENUE STE 2500, NEW YORK NY 10022