Steel Connect (Steel Connect) Cash-to-Debt : 7.26 (As of Jan. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Steel Connect 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. Steel Connect's cash to debt ratio for the quarter that ended in Jan. 2024 was 7.26.

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, Steel Connect could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

STCN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 1.79 Max: 7.26
Current: 7.26

During the past 13 years, Steel Connect's highest Cash to Debt Ratio was 7.26. The lowest was 0.05. And the median was 1.79.

STCN's Cash-to-Debt is ranked better than
71.77% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.26 vs STCN: 7.26

Steel Connect Cash-to-Debt Historical Data

The historical data trend for Steel Connect'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.

* Premium members only.

Steel Connect Cash-to-Debt Chart

Steel Connect Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

Get a 7-Day Free Trial

0.08

0.17

2.10

1.75

3.07

Steel Connect Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															1.46	1.54	3.07	7.13	7.26

Competitive Comparison of Steel Connect's Cash-to-Debt

For the Advertising Agencies subindustry, Steel Connect'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.

Steel Connect's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Steel Connect's Cash-to-Debt distribution charts can be found below:

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

Steel Connect 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.

Steel Connect's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	121.372	/	(7.973	+	31.622)
	=	3.07

Steel Connect's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	276.422	/	(21.93	+	16.135)
	=	7.26

Steel Connect (NAS:STCN) 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.

Steel Connect Cash-to-Debt Related Terms

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

Steel Connect (Steel Connect) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Steel Connect Inc (NAS:STCN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CGO:Germany

Address

590 Madison Avenue, New York, DE, USA, 10022

Website

https://www.steelconnectinc.com

Steel Connect Inc is a diversified holding company. The company's operating segment include Direct Marketing and Supply Chain. It generates maximum revenue from the Direct Marketing segment. Geographically, it derives a majority of revenue from the United States and also has a presence in China; Netherlands, and others. The company serves clients in various industries including consumer electronics, communications, computing, software, storage, and retail industries.

Executives

Steel Partners Holdings L.p.	other: See Explanation of Responses	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Joseph Richards Martin	director	C/O LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Ryan O'herrin	officer: Chief Financial Officer	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022-8547
Webfinancial Holding Corp	director, 10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wf Asset Corp.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Gary Tankard	officer: Chief Accounting Officer	C/O STEEL PARTNERS HOLDINGS LP, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jason Wong	officer: Chief Financial Officer	590 MADISON AVENUE, FLOOR 32, C/O STEEL PARTNERS HOLDINGS LP, NEW YORK NY 10022
Renata Simril	director	5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Fawaz Khalil	officer: CEO, ModusLink Corporation	C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
John Ashe	officer: CEO,IWCO Direct Holdings, Inc.	C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Maria Molland	director	1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Joseph B Sherk	officer: Chief Accounting Officer	C/O UNITED RENTALS INC, FIVE GREENWICH OFFICE PARK, GREENWICH CT 06830
Douglas Woodworth	officer: Chief Financial Officer	STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Excel Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Philip E. Lengyel	director	C/O MODUSLINK GLOBAL SOLUTIONS, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451