Spirit Pub Co (LSE:SPRT) Cash-to-Debt : 0.18 (As of Feb. 2015)

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

What is Spirit Pub Co 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. Spirit Pub Co's cash to debt ratio for the quarter that ended in Feb. 2015 was 0.18.

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, Spirit Pub Co couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2015.

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

LSE:SPRT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.17 Max: N/A
Current: 0.18

During the past 7 years, Spirit Pub Co's highest Cash to Debt Ratio was N/A. The lowest was 0.06. And the median was 0.17.

LSE:SPRT's Cash-to-Debt is not ranked
in the Travel & Leisure industry.
Industry Median: 0.57 vs LSE:SPRT: 0.18

Spirit Pub Co Cash-to-Debt Historical Data

The historical data trend for Spirit Pub Co'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.

Spirit Pub Co Cash-to-Debt Chart

Spirit Pub Co Annual Data

Trend

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.16

0.11

0.12

0.19

Spirit Pub Co Semi-Annual Data
	Aug08	Aug09	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15
Cash-to-Debt	Get a 7-Day Free Trial							0.08	0.12	0.10	0.19	0.18

Competitive Comparison of Spirit Pub Co's Cash-to-Debt

For the Leisure subindustry, Spirit Pub Co'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.

Spirit Pub Co's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Spirit Pub Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Spirit Pub Co's Cash-to-Debt falls into.

Spirit Pub Co 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.

Spirit Pub Co's Cash to Debt Ratio for the fiscal year that ended in Aug. 2014 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)
	=	159.1	/	(14.7	+	813.6)
	=	0.19

Spirit Pub Co's Cash to Debt Ratio for the quarter that ended in Feb. 2015 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)
	=	144.1	/	(12.9	+	807.4)
	=	0.18

Spirit Pub Co (LSE:SPRT) 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.

Spirit Pub Co Cash-to-Debt Related Terms

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

Spirit Pub Co (LSE:SPRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Spirit Pub Co PLC (LSE:SPRT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.spiritpubcompany.com

Spirit Pub Co PLC was incorporated in England. The Company's trading activities are divided into two divisions; namely a Managed division and a Leased division. The Managed division involves pubs that are directly managed by the Group, and a Leased division which involves the granting of leases to licensees who run the pub as their own business, paying rent to the Group, purchasing beer and other drinks from the Group and entering into profit sharing arrangements for income from leisure machines. The Company holds 794 Managed pubs and 433 Leased pubs. The group operates solely in the United Kingdom.