Hargreaves Services (LSE:HSP) Cash-to-Debt : 0.65 (As of Nov. 2023)

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What is Hargreaves Services 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. Hargreaves Services's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.65.

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, Hargreaves Services couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

LSE:HSP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.48 Max: 2.39
Current: 0.65

During the past 13 years, Hargreaves Services's highest Cash to Debt Ratio was 2.39. The lowest was 0.19. And the median was 0.48.

LSE:HSP's Cash-to-Debt is ranked better than
58.95% of 967 companies
in the Transportation industry
Industry Median: 0.49 vs LSE:HSP: 0.65

Hargreaves Services Cash-to-Debt Historical Data

The historical data trend for Hargreaves Services'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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Hargreaves Services Cash-to-Debt Chart

Hargreaves Services Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash-to-Debt

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0.52

0.37

2.39

0.75

0.60

Hargreaves Services Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															0.74	0.75	0.59	0.60	0.65

Competitive Comparison of Hargreaves Services's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, Hargreaves Services'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.

Hargreaves Services's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hargreaves Services's Cash-to-Debt distribution charts can be found below:

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

Hargreaves Services 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.

Hargreaves Services's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	21.859	/	(15.511	+	20.839)
	=	0.60

Hargreaves Services's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	18.718	/	(14.913	+	13.874)
	=	0.65

Hargreaves Services (LSE:HSP) 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.

Hargreaves Services Cash-to-Debt Related Terms

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

Hargreaves Services (LSE:HSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hargreaves Services PLC (LSE:HSP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HSP.GB:UK

Address

West Terrace, Esh Winning, Durham, GBR, DH7 9PT

Website

https://www.hsgplc.co.uk

Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services and Hargreaves Land. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.

Hargreaves Services (LSE:HSP) Headlines

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