Switch to:

Steris Cash-to-Debt

: 0.18 (As of Dec. 2018)
View and export this data going back to 1992. Start your Free Trial

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. Steris's cash to debt ratio for the quarter that ended in Dec. 2018 was 0.18.

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, Steris couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.

NYSE:STE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04   Max: No Debt
Current: 0.18

0.04
No Debt

During the past 13 years, Steris's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.32.

NYSE:STE's Cash-to-Debt is ranked lower than
82% of the 205 Companies
in the Medical Instruments & Equipment industry.

( Industry Median: 1.31 vs. NYSE:STE: 0.18 )

Steris 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.

Steris Annual Data
Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.27 0.16 0.19 0.15

Steris Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.20 0.15 0.17 0.17 0.18

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.


Steris Cash-to-Debt Distribution

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



Steris 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.

Steris's Cash to Debt Ratio for the fiscal year that ended in Mar. 2018 is calculated as:

Steris's Cash to Debt Ratio for the quarter that ended in Dec. 2018 is calculated as:

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


Steris  (NYSE:STE) 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.


Steris Cash-to-Debt Related Terms


Steris Cash-to-Debt Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}