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Mohawk Industries Cash-to-Debt

: 0.17 (As of Jun. 2022)
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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. Mohawk Industries's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.17.

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, Mohawk Industries couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

MHK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.49
Current: 0.17

During the past 13 years, Mohawk Industries's highest Cash to Debt Ratio was 0.49. The lowest was 0.01. And the median was 0.04.

MHK's Cash-to-Debt is ranked worse than
79.65% of 398 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.92 vs MHK: 0.17

Mohawk Industries Cash-to-Debt Historical Data

The historical data trend for Mohawk Industries'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.

* Premium members only.

Mohawk Industries Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.04 0.06 0.44 0.22

Mohawk Industries Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.46 0.42 0.22 0.18 0.17

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries'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.

   

Mohawk Industries Cash-to-Debt Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Cash-to-Debt distribution charts can be found below:

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



Mohawk Industries 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.

Mohawk Industries's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Mohawk Industries's Cash to Debt Ratio for the quarter that ended in Jun. 2022 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.


Mohawk Industries  (NYSE:MHK) 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.


Mohawk Industries Cash-to-Debt Related Terms

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


Mohawk Industries Business Description

Mohawk Industries logo
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. The Georgia-based company has grown from a U.S.-focused carpeting manufacturer to a leading global player in the diversified flooring market. Mohawk operates three reporting segments: global ceramic ($3.6 billion of sales in 2019), North America flooring ($3.8 billion), and rest of the world flooring ($2.5 billion). The company generates approximately 60% of its sales in the United States.
Executives
Suing Clifford Charles officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD CALHOUN GA 30701
Burris Jerry W director 5500 WAYZATA BLVD., SUITE 600 GOLDEN VALLEY MN 55416
Lee Steven Hyosig officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD CALHOUN GA 30701
Engquist John director H&E EQUIPMENT SERVICES 11100 MEAD ROAD, SUITE 200 BATON ROUGE LA 70816
Landau Glenn R director, officer: Executive Vice President C/O INTERNATIONAL PAPER COMPANY 6400 POPLAR AVENU MEMPHIS TN 38197
De Cock Paul F officer: President-Flooring NA ALPHONSE RENARDSTRAAT 41 ELSENE C9 1050
Balcaen Filip director PAULINE VAN POTTELSBERGHELAAN 10 9051 SINT-DENIJS-WESTREM GENT C9 9051
Runge William Henry Iii director 3325 PIEDMONT ROAD #3103 ATLANTA GA 30305
Patton Rodney David officer: General Counsel - VP 5855 RIVERMOND DRIVE ATLANTA GA 30328
Carson Brian officer: President-Mohawk Flooring, other: President-Mohawk Flooring 3250 TWISTED BRANCHES LANE MARIETTA GA 30068-2479
Turner John C Jr officer: President-Dal-Tile, other: President-Dal-Tile 1009 WIMBERLY COURT ALLEN TX 75013-1195
Smith- Pilkington Karen A director 343 STATE STREET ROCHESTER NY 146500211
Ill Richard C director
Brunk James director, officer: Corporate Controller and CAO 251 MISTY HILL TRAIL DALLAS GA 30132
Thiers Bernard director NESTOR DE TIERESTRAAT 128 EINE C9 9700

Mohawk Industries Headlines

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