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. Weis Markets's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.39.
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, Weis Markets could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for Weis Markets's Cash-to-Debt or its related term are showing as below:
WMK'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.68 Med: 2.18 Max: No Debt
Current: 2.39
During the past 13 years, Weis Markets's highest Cash to Debt Ratio was No Debt. The lowest was 0.68. And the median was 2.18.
Weis Markets Cash-to-Debt Historical Data
The historical data trend for Weis Markets'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.
|
Weis Markets Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.68 |
1.30 |
1.58 |
1.97 |
2.39 |
|
Weis Markets 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.97 |
1.92 |
2.10 |
1.65 |
2.39 |
Competitive Comparison
For the Grocery Stores subindustry, Weis Markets'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.
Weis Markets Cash-to-Debt Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Weis Markets's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Weis Markets's Cash-to-Debt falls into.
Weis Markets 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.
Weis Markets's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Weis Markets's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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.
Weis Markets (Weis Markets) Business Description
Traded in Other Exchanges
N/A
Address
1000 S. Second Street, P.O. Box 471, Sunbury, PA, USA, 17801-0471
Weis Markets Inc is a U.S.-based company that is principally engaged in retailing food products in Pennsylvania and surrounding states. The company's products consist of center-store goods, fresh goods, pharmacy services, fuel, and other. The center-store goods include groceries, dairy products, frozen foods, alcoholic beverage, and general merchandise items. The fresh goods include meats, seafood, floral, prepared foods, and bakery products. The center-store goods and fresh goods jointly account for the majority of the company's total revenue.
Executives
| Robert G. Gleeson |
officer: SVP, Merchandising & Marketing |
1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801 |
| Kurt A Schertle |
officer: Sr. VP Merch. and Marketing |
1000 SOUTH SECOND STREET, P.O. BOX 471, SUNBURY PA 17801-0471 |
| Michael T Lockard |
officer: SVP, CFO and Treasurer |
1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801 |
| Jennifer Weis |
other: Member of a 10% owner group |
C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801 |
| Zeh Richard Gregory Jr |
officer: SVP, Chief Information Officer |
1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801 |
| Scott F Frost |
officer: SVP, Chief Financial Officer |
1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801 |
| Wayne S Bailey |
officer: Vice President Grocery Merch. |
|
| Jonathan H Weis |
director, officer: Vice President and Secretary |
|
| Dennis G Hatchell |
director |
305 GREGSON DRIVE, CARY NC 27511 |
| Gerrald B Silverman |
director |
207 CROSS STREET, BELMONT MA 02478 |
| Lauth Edward John Iii |
director |
485 SCENERY DRIVE, STATE COLLEGE PA 16801 |
| Harold G Graber |
officer: Vice President Real Estate |
|
| Patricia R. Weis Marital Trust |
10 percent owner |
C/O WEIS MARKETS, INC., 1000 SOUTH, SECOND STREET, P.O. BOX 471, SUNBURY PA 17801 |
| Weis Collen Ross |
other: Member of a 10% owner group |
C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801 |
| Kathryn Jane Zox |
other: Member of a 10% owner group |
1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801 |
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