Impellam Group (LSE:IPEL) Cash-to-Debt : 1.76 (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Impellam Group 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. Impellam Group's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.76.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Impellam Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

LSE:IPEL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.36 Med: 0.68 Max: 1.76
Current: 1.76

During the past 13 years, Impellam Group's highest Cash to Debt Ratio was 1.76. The lowest was 0.36. And the median was 0.68.

LSE:IPEL's Cash-to-Debt is ranked better than
59.32% of 1062 companies
in the Business Services industry
Industry Median: 1 vs LSE:IPEL: 1.76

Impellam Group Cash-to-Debt Historical Data

The historical data trend for Impellam Group'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.

* Premium members only.

Impellam Group Cash-to-Debt Chart

Impellam Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.62

0.55

0.79

0.74

1.22

Impellam Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.78	0.74	1.07	1.22	1.76

Competitive Comparison of Impellam Group's Cash-to-Debt

For the Staffing & Employment Services subindustry, Impellam Group'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.

Impellam Group's Cash-to-Debt Distribution in the Business Services Industry

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

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

Impellam Group 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.

Impellam Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	112.4	/	(7.3	+	84.7)
	=	1.22

Impellam Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	106.2	/	(2.7	+	57.5)
	=	1.76

Impellam Group (LSE:IPEL) 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.

Impellam Group Cash-to-Debt Related Terms

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

Impellam Group (LSE:IPEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Impellam Group PLC (LSE:IPEL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IPEL.GB:UK

Address

800 The Boulevard, Capability Green, Luton, Bedfordshire, GBR, LU1 3BA

Website

https://www.impellam.com

Impellam Group PLC provides managed and specialist staffing services. The company operates in four segments namely Global Managed Services, STEM, Regional Specialist Staffing and Healthcare. Some of its Brands are Guidant Global, Comensura, SRG, Lorien, Carbon60, Blue Arrow, Tate, and Coestaff. Its geographical segments are the United Kingdom, Europe, North America, and Australasia.

Impellam Group (LSE:IPEL) Headlines

No Headlines