Avon Protection (Avon Protection) Cash-to-Debt : 0.13 (As of Sep. 2023)

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What is Avon Protection 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. Avon Protection's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.13.

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, Avon Protection couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

AVNBF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 2.27 Max: No Debt
Current: 0.13

During the past 13 years, Avon Protection's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 2.27.

AVNBF's Cash-to-Debt is ranked worse than
83.5% of 309 companies
in the Aerospace & Defense industry
Industry Median: 0.78 vs AVNBF: 0.13

Avon Protection Cash-to-Debt Historical Data

The historical data trend for Avon Protection'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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Avon Protection Cash-to-Debt Chart

Avon Protection Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

3.73

2.73

0.20

0.12

0.13

Avon Protection Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.20	0.13	0.12	0.14	0.13

Competitive Comparison of Avon Protection's Cash-to-Debt

For the Aerospace & Defense subindustry, Avon Protection'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.

Avon Protection's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avon Protection's Cash-to-Debt distribution charts can be found below:

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

Avon Protection 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.

Avon Protection's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	13.2	/	(4.3	+	94.3)
	=	0.13

Avon Protection's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	13.2	/	(4.3	+	94.3)
	=	0.13

Avon Protection (OTCPK:AVNBF) 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.

Avon Protection Cash-to-Debt Related Terms

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

Avon Protection (Avon Protection) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Avon Protection PLC (OTCPK:AVNBF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AVONl:UK AVON.GB:UK AVON:UK 1OK:Germany

Address

Semington Road, Hampton Park West, Melksham, Wiltshire, GBR, SN12 6NB

Website

https://www.avon-protection-plc.com

Avon Protection PLC is engaged in providing technology that designs and produces life-critical personal protection systems to maximize the performance and capabilities of its customers. The company's portfolio of life-critical protection solutions includes full-face respirators, ballistic helmets, escape hoods, SCBA systems, modular PAPR units, thermal imaging cameras, and underwater equipment for the world's militaries and first responders. The company has two operating and reportable segments, these being Respiratory Protection; which is the key revenue generating segment and the Head Protection. Geographically, the revenue is generated from United States which is the key revenue generating market and Europe.

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