Focusrite (FRA:0FO) Cash-to-Debt : 0.25 (As of Feb. 2024)

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What is Focusrite 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. Focusrite's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.25.

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, Focusrite couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

FRA:0FO' s Cash-to-Debt Range Over the Past 10 Years
Min: -84.42 Med: 5012.36 Max: No Debt
Current: 0.25

During the past 12 years, Focusrite's highest Cash to Debt Ratio was No Debt. The lowest was -84.42. And the median was 5012.36.

FRA:0FO's Cash-to-Debt is ranked worse than
64.26% of 817 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs FRA:0FO: 0.25

Focusrite Cash-to-Debt Historical Data

The historical data trend for Focusrite'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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Focusrite Cash-to-Debt Chart

Focusrite Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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24.72

1.11

16.68

0.54

0.71

Focusrite Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															-84.27	0.54	0.51	0.71	0.25

Competitive Comparison of Focusrite's Cash-to-Debt

For the Leisure subindustry, Focusrite'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.

Focusrite's Cash-to-Debt Distribution in the Travel & Leisure Industry

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

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

Focusrite 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.

Focusrite's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	31.212	/	(34.785	+	9.404)
	=	0.71

Focusrite's Cash to Debt Ratio for the quarter that ended in Feb. 2024 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)
	=	10.445	/	(42.403	+	0)
	=	0.25

Focusrite (FRA:0FO) 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.

Focusrite Cash-to-Debt Related Terms

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Focusrite (FRA:0FO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Focusrite PLC (FRA:0FO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TUNE:UK

Address

Hillbottom Road, Artisan, High Wycombe, Buckinghamshire, GBR, HP12 4HJ

Website

https://www.focusriteplc.com

Focusrite PLC is a music and audio products company supplying hardware and software products used by professional and amateur musicians. The company's operating segment includes Focusrite, Novation, ADAM Audio, Martin Audio, Sequential, and Sonox. It generates maximum revenue from the Focusrite segment. Focusrite segment includes sales of Focusrite and Focusrite Pro branded products. Geographically, majority of its revenue is generated from North America.

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