Isfelag hfs (OISE:ISF) Cash-to-Debt : 0.31 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Isfelag hfs 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. Isfelag hfs's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.31.

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, Isfelag hfs couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

OISE:ISF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.26 Max: 0.51
Current: 0.31

During the past 4 years, Isfelag hfs's highest Cash to Debt Ratio was 0.51. The lowest was 0.12. And the median was 0.26.

OISE:ISF's Cash-to-Debt is ranked worse than
60.58% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs OISE:ISF: 0.31

Isfelag hfs Cash-to-Debt Historical Data

The historical data trend for Isfelag hfs'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.

Isfelag hfs Cash-to-Debt Chart

Isfelag hfs Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.12

0.22

0.51

0.31

Isfelag hfs Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23
Cash-to-Debt	0.12	0.22	0.51	0.17	0.31

Competitive Comparison of Isfelag hfs's Cash-to-Debt

For the Packaged Foods subindustry, Isfelag hfs'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.

Isfelag hfs's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

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

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

Isfelag hfs 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.

Isfelag hfs's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	6148.554	/	(2496.232	+	17397.298)
	=	0.31

Isfelag hfs's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	6148.554	/	(2496.232	+	17397.298)
	=	0.31

Isfelag hfs (OISE:ISF) 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.

Isfelag hfs Cash-to-Debt Related Terms

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

Isfelag hfs (OISE:ISF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Isfelag hfs (OISE:ISF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tangagata 1, Vestmannaeyjar, ISL, 900

Website

https://www.isfelag.is

Isfelag is engaged in fishing and the processing of marine products. It is active in Iceland in the field of fishing and processing of pelagic species and production of fishmeal and fish oil and also produces sea-frozen seafood. Its products include COD fish, HADDOCK fish, SAITHE fish, CAPELIN fish, MACKEREL fish, HERRING fish etc.

Isfelag hfs (OISE:ISF) Headlines

No Headlines