Sasol (SSL) Cash-to-Debt

: 0.38 (As of Jun. 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. Sasol's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.38.

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, Sasol couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

SSL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.35 Max: 1.42
Current: 0.38

During the past 13 years, Sasol's highest Cash to Debt Ratio was 1.42. The lowest was 0.12. And the median was 0.35.

SSL's Cash-to-Debt is ranked worse than
65.57% of 1551 companies
in the Chemicals industry
Industry Median: 0.75 vs SSL: 0.38

Sasol Cash-to-Debt Historical Data

The historical data trend for Sasol'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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Sasol Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.12

0.17

0.28

0.34

0.38

Sasol Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt																0.28	0.25	0.34	0.29	0.38

Competitive Comparison

For the Specialty Chemicals subindustry, Sasol'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.

Sasol Cash-to-Debt Distribution

For the Chemicals industry and Basic Materials sector, Sasol's Cash-to-Debt distribution charts can be found below:

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

Sasol 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.

Sasol's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	2826.704	/	(1702.712	+	5798.195)
	=	0.38

Sasol's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	2826.704	/	(1702.712	+	5798.195)
	=	0.38

Sasol (NYSE:SSL) 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.

Sasol Cash-to-Debt Related Terms

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Sasol (SSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sasol Ltd (NYSE:SSL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SOLBE1:South Africa SOL:South Africa SASOF:USA SAOA:Germany SAO:Germany SAOA:Germany SAO:Germany

Address

50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.sasol.com

Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main segments: Energy business and Chemical business. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas. Geographically the company generates the majority of its revenue from South Africa.