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Tesco PLC  (OTCPK:TSCDY) Cash-to-Debt: 0.55 (As of Aug. 2017)

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. Tesco PLC's cash to debt ratio for the quarter that ended in Aug. 2017 was 0.55.

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, Tesco PLC couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2017.

OTCPK:TSCDY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2   Max: No Debt
Current: 0.55

During the past 13 years, Tesco PLC's highest Cash to Debt Ratio was No Debt. The lowest was 0.20. And the median was 0.33.

OTCPK:TSCDY's Cash-to-Debt is ranked higher than
54% of the 374 Companies
in the Global industry.

( Industry Median: 0.51 vs. OTCPK:TSCDY: 0.55 )

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.

Tesco PLC Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.32 0.23 0.50 0.59

Tesco PLC Semi-Annual Data

Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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 0.50 0.57 0.59 0.55

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.


Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Tesco PLC's Cash to Debt Ratio for the fiscal year that ended in Feb. 2017 is calculated as:

Tesco PLC's Cash to Debt Ratio for the quarter that ended in Aug. 2017 is calculated as:

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


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.


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