Kimball International (Kimball International) Cash-to-Debt : 0.26 (As of Mar. 2023)

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What is Kimball International 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. Kimball International's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.26.

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, Kimball International couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

KBAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 6.96 Max: 660.04
Current: 0.26

During the past 13 years, Kimball International's highest Cash to Debt Ratio was 660.04. The lowest was 0.06. And the median was 6.96.

KBAL's Cash-to-Debt is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.93 vs KBAL: 0.26

Kimball International Cash-to-Debt Historical Data

The historical data trend for Kimball International'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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Kimball International Cash-to-Debt Chart

Kimball International Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Cash-to-Debt

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474.29

660.04

4.49

0.41

0.13

Kimball International Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.13	0.20	0.18	0.26

Competitive Comparison of Kimball International's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Kimball International'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.

Kimball International's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kimball International's Cash-to-Debt distribution charts can be found below:

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

Kimball International 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.

Kimball International's Cash to Debt Ratio for the fiscal year that ended in Jun. 2022 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)
	=	10.934	/	(6.129	+	80.196)
	=	0.13

Kimball International's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	18.768	/	(5.768	+	66.285)
	=	0.26

Kimball International (NAS:KBAL) 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.

Kimball International Cash-to-Debt Related Terms

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

Kimball International (Kimball International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kimball International Inc (NAS:KBAL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1600 Royal Street, Jasper, IN, USA, 47546-2256

Website

https://www.kimballinternational.com

Kimball International Inc operates in the omnichannel commercial furnishing business. The company specializes in making furniture for the workplace, health, and hospitality markets. The workplace market area includes commercial, education, government, and financial segments and eBusiness. The company's furniture brand portfolio comprises Kimball, National, Interwoven, Kimball Hospitality, D'style, and Poppin.

Executives

Christopher M Robison	officer: INTERIM PRESIDENT POPPIN	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Willi Candra	officer: Chief Digital & Info Officer	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Timothy J Wolfe	officer: EVP & CFO	1600 ROYAL STREET, JASPER IN 47546
Michael J. Roch	officer: EVP, CCO, Workplace and Health	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Kourtney L Smith	officer: EVP	1600 ROYAL STREET, JASPER IN 47549
Darren S Gress	other: CORPORATE CONTROLLER	1600 ROYAL STREET, JASPER IN 47549
Valerie R Love	director	1600 ROYAL STREET, JASPER IN 47546
Timothy J Jahnke	director	115 ANSLEY WAY, ROSWELL GA 30075
Susan B Frampton	director	1600 ROYAL ST, JASPER IN 47549
Scott M Settersten	director	1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Geoffrey L Stringer	director	1600 ROYAL ST, JASPER IN 47549
Patrick E Connolly	director	1600 ROYAL ST, JASPER IN 47549
Kimberly K Ryan	director	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Thomas J Tischhauser	director	1600 ROYAL STREET, JASPER IN 47549
Michelle Rene Schroeder	officer: EVP, CHIEF FINANCIAL OFFICER	1600 ROYAL STREET, JASPER IN 47549