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Taylor Devices Cash-to-Debt

: 11.28 (As of Aug. 2020)
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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. Taylor Devices's cash to debt ratio for the quarter that ended in Aug. 2020 was 11.28.

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, Taylor Devices could pay off its debt using the cash in hand for the quarter that ended in Aug. 2020.

NAS:TAYD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.33   Max: No Debt
Current: 11.28

0.01
No Debt

During the past 13 years, Taylor Devices's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.33.

NAS:TAYD's Cash-to-Debt is ranked higher than
80% of the 2478 Companies
in the Industrial Products industry.

( Industry Median: 1.02 vs. NAS:TAYD: 11.28 )

Taylor Devices Cash-to-Debt 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.

Taylor Devices Annual Data
May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt 11.10

Taylor Devices Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 No Debt No Debt No Debt 11.10 11.28

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.


Taylor Devices Cash-to-Debt Distribution

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



Taylor Devices 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.

Taylor Devices's Cash to Debt Ratio for the fiscal year that ended in May. 2020 is calculated as:

Taylor Devices's Cash to Debt Ratio for the quarter that ended in Aug. 2020 is calculated as:

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


Taylor Devices  (NAS:TAYD) 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.


Taylor Devices Cash-to-Debt Related Terms


Taylor Devices Cash-to-Debt Headlines

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