Quaker Houghton (FRA:QUC) Cash-to-Debt : 0.25 (As of Mar. 2024)

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What is Quaker Houghton 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. Quaker Houghton's cash to debt ratio for the quarter that ended in Mar. 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, Quaker Houghton couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FRA:QUC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.87 Max: 2.85
Current: 0.25

During the past 13 years, Quaker Houghton's highest Cash to Debt Ratio was 2.85. The lowest was 0.13. And the median was 0.87.

FRA:QUC's Cash-to-Debt is ranked worse than
74.08% of 1551 companies
in the Chemicals industry
Industry Median: 0.73 vs FRA:QUC: 0.25

Quaker Houghton Cash-to-Debt Historical Data

The historical data trend for Quaker Houghton'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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Quaker Houghton Cash-to-Debt Chart

Quaker Houghton Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.13

0.20

0.18

0.25

Quaker Houghton Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.20	0.21	0.23	0.25	0.25

Competitive Comparison of Quaker Houghton's Cash-to-Debt

For the Specialty Chemicals subindustry, Quaker Houghton'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.

Quaker Houghton's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Quaker Houghton's Cash-to-Debt distribution charts can be found below:

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

Quaker Houghton 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.

Quaker Houghton'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)
	=	178.381	/	(32.47	+	691.015)
	=	0.25

Quaker Houghton's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	180.09	/	(25.567	+	702.169)
	=	0.25

Quaker Houghton (FRA:QUC) 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.

Quaker Houghton Cash-to-Debt Related Terms

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

Quaker Houghton (FRA:QUC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Quaker Houghton (FRA:QUC) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

KWR:USA

Address

901 East Hector Street, Conshohocken, PA, USA, 19428-2380

Website

https://www.quakerhoughton.com

Quaker Houghton manufactures and sells a variety of industrial process fluids. The product portfolio of the company includes metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids and surface treatment chemicals. The geographic segments of the company includes America, EMEA, Asia/Pacific and Global Specialty Businesses. Majority of the revenue is earned from America.

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