TWC Enterprises (TSX:TWC) Cash-to-Debt

: 2.43 (As of Dec. 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. TWC Enterprises's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.43.

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, TWC Enterprises 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 TWC Enterprises's Cash-to-Debt or its related term are showing as below:

TSX:TWC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.96 Max: 2.43
Current: 2.43

During the past 13 years, TWC Enterprises's highest Cash to Debt Ratio was 2.43. The lowest was 0.00. And the median was 0.96.

TSX:TWC's Cash-to-Debt is ranked better than
70.12% of 820 companies
in the Travel & Leisure industry
Industry Median: 0.555 vs TSX:TWC: 2.43

TWC Enterprises Cash-to-Debt Historical Data

The historical data trend for TWC Enterprises'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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TWC Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.02

0.97

1.71

1.96

2.43

TWC Enterprises 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																1.96	0.43	0.68	0.50	2.43

Competitive Comparison

For the Leisure subindustry, TWC Enterprises'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.

TWC Enterprises Cash-to-Debt Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, TWC Enterprises's Cash-to-Debt distribution charts can be found below:

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

TWC Enterprises 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.

TWC Enterprises's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	157.181	/	(7.07	+	57.644)
	=	2.43

TWC Enterprises's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	157.181	/	(7.07	+	57.644)
	=	2.43

TWC Enterprises (TSX:TWC) 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.

TWC Enterprises Cash-to-Debt Related Terms

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TWC Enterprises (TSX:TWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TWC Enterprises Ltd (TSX:TWC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CLKXF:USA

Address

15675 Dufferin Street, King City, ON, CAN, L7B 1K5

Website

https://www.twcenterprises.ca

TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company's geographical segment includes Canadian golf club operation and United States golf club operation. It generates maximum revenue from the Canadian golf club operation segment.

TWC Enterprises (TSX:TWC) Headlines

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