Everest Global (LSE:EVST) Cash-to-Debt : 0.16 (As of Oct. 2023)

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What is Everest Global 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. Everest Global's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.16.

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, Everest Global couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

LSE:EVST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 1.71 Max: No Debt
Current: 0.16

During the past 11 years, Everest Global's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 1.71.

LSE:EVST's Cash-to-Debt is ranked worse than
73.22% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs LSE:EVST: 0.16

Everest Global Cash-to-Debt Historical Data

The historical data trend for Everest Global'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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Everest Global Cash-to-Debt Chart

Everest Global Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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0.01

0.04

0.68

0.16

Everest Global Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial														0.68	0.27	0.16	0.28	0.16

Competitive Comparison of Everest Global's Cash-to-Debt

For the Farm Products subindustry, Everest Global'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.

Everest Global's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Everest Global's Cash-to-Debt distribution charts can be found below:

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

Everest Global 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.

Everest Global's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	0.858	/	(0.108	+	5.283)
	=	0.16

Everest Global's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	0.858	/	(0.108	+	5.283)
	=	0.16

Everest Global (LSE:EVST) 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.

Everest Global Cash-to-Debt Related Terms

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

Everest Global (LSE:EVST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Everest Global PLC (LSE:EVST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AAAP.GB:UK

Address

48 Chancery Lane, London, GBR, WC2A 1JF

Website

https://www.everestglobalplc.com

Everest Global PLC is engaged in investing and trading in the agriculture sector in Africa. The company is involved in the manufacturing of herbs & spices, production of guar beans, and trading in agricultural products. There is currently only one geographic reporting and revenue-generating segment for the company, which is South Africa.

Everest Global (LSE:EVST) Headlines

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