SiteOne Landscape Supply (SiteOne Landscape Supply) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is SiteOne Landscape Supply 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. SiteOne Landscape Supply's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, SiteOne Landscape Supply couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SITE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.11
Current: 0.1

During the past 12 years, SiteOne Landscape Supply's highest Cash to Debt Ratio was 0.11. The lowest was 0.02. And the median was 0.06.

SITE's Cash-to-Debt is ranked worse than
83.1% of 142 companies
in the Industrial Distribution industry
Industry Median: 0.53 vs SITE: 0.10

SiteOne Landscape Supply Cash-to-Debt Historical Data

The historical data trend for SiteOne Landscape Supply'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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SiteOne Landscape Supply Cash-to-Debt Chart

SiteOne Landscape Supply Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.10

0.09

0.04

0.10

SiteOne Landscape Supply Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.04	0.08	0.08	0.10

Competitive Comparison of SiteOne Landscape Supply's Cash-to-Debt

For the Industrial Distribution subindustry, SiteOne Landscape Supply'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.

SiteOne Landscape Supply's Cash-to-Debt Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, SiteOne Landscape Supply's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where SiteOne Landscape Supply's Cash-to-Debt falls into.

SiteOne Landscape Supply 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.

SiteOne Landscape Supply's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	82.5	/	(110.7	+	750.7)
	=	0.10

SiteOne Landscape Supply's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	82.5	/	(110.7	+	750.7)
	=	0.10

SiteOne Landscape Supply (NYSE:SITE) 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.

SiteOne Landscape Supply Cash-to-Debt Related Terms

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

SiteOne Landscape Supply (SiteOne Landscape Supply) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » SiteOne Landscape Supply Inc (NYSE:SITE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0S0:Germany

Address

300 Colonial Center Parkway, Suite 600, Roswell, GA, USA, 30076

Website

https://www.siteone.com

SiteOne Landscape Supply Inc is one of the largest suppliers of tools and equipment. The company serves various businesses which include wholesale irrigation, outdoor lighting, nursery, landscape supplies, grass seeds, and fertilizers, turf protection products, turf care equipment, and golf course accessories for green industry professionals mainly in the United States and Canada. Its product portfolio includes irrigation supplies, fertilizer and herbicides, landscape accessories, nursery goods, natural stones and blocks, outdoor lighting and ice melt products and other products.

Executives

Doug Black	director, officer: CEO	MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
John T Guthrie	officer: EVP, CFO and Assistant Sec.	MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Brisendine L Briley Jr	officer: EVP, General Counsel & Sec.	MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Shannon Versaggi	officer: SVP Marketing	1004 SUMMIT VIEW LANE, MILTON GA 30004
Greg Weller	officer: Senior VP of Operations	MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Joseph Ketter	officer: Senior VP, Human Resources.	MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Jack L Wyszomierski	director	SCHERING PLOUGH CORP, ONE GIRALDA FARMS, MADISON NJ 07940-1000
Webster Roy Dunbar	director	5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Douglas William W Iii	director	COCA-COLA ENTERPRISES, INC, 2500 WINDY RIDGE PARKWAY, ATLANTA GA 30339
Jeri L Isbell	director	ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
Larisa Drake	director	EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Scott Salmon	officer: EVP, Strategy & Development	14155 SEABISCUIT, MILTON GA 30004
Ross Anker	officer: EVP, Category Mgmt, Mktg & IT	MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL 2Q 30076
Pascal Convers	officer: EVP, Strategy and Development	MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Michael J Grebe	director	STERLING CHECKCORP INC., 1 STATE STREET PLAZA, NEW YORK NY 10004