Silgan Holdings (STU:SL3) Cash-to-Debt : 0.08 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Silgan Holdings 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. Silgan Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.08.

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, Silgan Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

STU:SL3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.2
Current: 0.08

During the past 13 years, Silgan Holdings's highest Cash to Debt Ratio was 0.20. The lowest was 0.02. And the median was 0.06.

STU:SL3's Cash-to-Debt is ranked worse than
82.06% of 379 companies
in the Packaging & Containers industry
Industry Median: 0.41 vs STU:SL3: 0.08

Silgan Holdings Cash-to-Debt Historical Data

The historical data trend for Silgan Holdings'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.

Silgan Holdings Cash-to-Debt Chart

Silgan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.09

0.13

0.17

0.19

Silgan Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.06	0.07	0.19	0.08

Competitive Comparison of Silgan Holdings's Cash-to-Debt

For the Packaging & Containers subindustry, Silgan Holdings'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.

Silgan Holdings's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Silgan Holdings's Cash-to-Debt distribution charts can be found below:

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

Silgan Holdings 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.

Silgan Holdings'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)
	=	589.56	/	(807.249	+	2335.096)
	=	0.19

Silgan Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	283.912	/	(0	+	3569.968)
	=	0.08

Silgan Holdings (STU:SL3) 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.

Silgan Holdings Cash-to-Debt Related Terms

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

Silgan Holdings (STU:SL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Silgan Holdings Inc (STU:SL3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SLGN:USA

Address

4 Landmark Square, Suite 400, Stamford, CT, USA, 06901

Website

https://www.silganholdings.com

Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include plastic dispensers and containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.

Silgan Holdings (STU:SL3) Headlines

No Headlines