Seacor Marine Holdings (Seacor Marine Holdings) Cash-to-Debt

: 0.21 (As of Dec. 2023)

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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. Seacor Marine Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.21.

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, Seacor Marine Holdings 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 Seacor Marine Holdings's Cash-to-Debt or its related term are showing as below:

SMHI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.21 Max: 0.66
Current: 0.21

During the past 9 years, Seacor Marine Holdings's highest Cash to Debt Ratio was 0.66. The lowest was 0.07. And the median was 0.21.

SMHI's Cash-to-Debt is ranked worse than
70.67% of 965 companies
in the Transportation industry
Industry Median: 0.49 vs SMHI: 0.21

Seacor Marine Holdings Cash-to-Debt Historical Data

The historical data trend for Seacor Marine 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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Seacor Marine Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.21

0.07

0.10

0.12

0.21

Seacor Marine Holdings 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															0.12	0.12	0.13	0.17	0.21

Competitive Comparison

For the Marine Shipping subindustry, Seacor Marine 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.

Seacor Marine Holdings Cash-to-Debt Distribution

For the Transportation industry and Industrials sector, Seacor Marine Holdings's Cash-to-Debt distribution charts can be found below:

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

Seacor Marine 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.

Seacor Marine Holdings'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)
	=	67.455	/	(29.991	+	291.079)
	=	0.21

Seacor Marine Holdings'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)
	=	67.455	/	(29.991	+	291.079)
	=	0.21

Seacor Marine Holdings (NYSE:SMHI) 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.

Seacor Marine Holdings Cash-to-Debt Related Terms

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Seacor Marine Holdings (Seacor Marine Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Seacor Marine Holdings Inc (NYSE:SMHI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SQZ:Germany

Address

12121 Wickchester Lane, Suite 500, Houston, TX, USA, 77079

Website

https://www.seacormarine.com

Seacor Marine Holdings Inc provides global marine and support transportation services to offshore energy facilities worldwide. The company operates and manages a diverse fleet of offshore support vessels that deliver cargo and personnel to offshore installations including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; provide construction, well work-over, maintenance and decommissioning support and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection and repair. Its geographical segment includes the United States, primarily Gulf of Mexico; Africa and Europe, continuing operations; Middle East and Asia and Latin America.

Executives

Julie Persily	director	399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Robert Christopher Regan	director	318 MT. HOLLY ROAD, KATONAH NY 10536
Jesus Llorca	officer: EVP & CFO	C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Everett Andrew H Ii	officer: Sr. VP, General Counsel & Secy	C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Gregory Scott Rossmiller	officer: SVP & CAO	5643 WILLERS WAY, HOUSTON TX 77056
Charles Fabrikant	director	C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Robert D. Abendschein	director	SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
John M Gellert	director, officer: President and CEO	C/O SEACOR HOLDINGS, 460 PARK AVENUE, NEW YORK NY 10022
Anthony Weller	officer: SVP/Managing Dir-Int'l Div	C/O SEACOR MARINE HOLDINGS, 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Bejos Alfredo Miguel	director	C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Andrew R Morse	director	34 PLEASANT RIDGE RD, HARRISON NY 10528
Robert Clemons	officer: EVP & COO	C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Matthew Cenac	officer: Executive Vice President & CFO	C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Clyde Camburn	officer: Senior VP and CAO	C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Ferris Hussein	director	C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2NS FLOOR, HOUMA LA 70360