Time (TIME) Cash-to-Debt : 0.27 (As of Sep. 2017)

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What is Time 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. Time's cash to debt ratio for the quarter that ended in Sep. 2017 was 0.27.

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, Time couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2017.

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

TIME's Cash-to-Debt is not ranked ^*
in the Media - Diversified industry.
Industry Median: 1.26
* Ranked among companies with meaningful Cash-to-Debt only.

Time Cash-to-Debt Historical Data

The historical data trend for Time'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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Time Cash-to-Debt Chart

Time Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

N/A

1.21

0.38

0.55

0.27

Time Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Cash-to-Debt	Get a 7-Day Free Trial															0.25	0.27	0.23	0.22	0.27

Competitive Comparison of Time's Cash-to-Debt

For the Publishing subindustry, Time'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.

Time's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Time's Cash-to-Debt distribution charts can be found below:

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

Time 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.

Time's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 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)
	=	336	/	(7	+	1233)
	=	0.27

Time's Cash to Debt Ratio for the quarter that ended in Sep. 2017 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)
	=	332	/	(7	+	1216)
	=	0.27

Time (NYSE:TIME) 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.

Time Cash-to-Debt Related Terms

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

Time (TIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Time Inc (NYSE:TIME) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.timeinc.com

Time Inc is a media company engaged in publication of magazines. The Company brands include People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food & Wine.

Executives

Betsy D Holden	director	DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Jennifer L. Wong	officer: COO and President, Digital	C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
David Arthur Bell	director	C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Manuel A Fernandez	director
Michael P Zeisser	director
Fahey John M Jr	director	C/O NATINAL GEOGRAPHIC, 1146 17TH STREET NW, WASHINTON DC 20036
Dennis J Fitzsimons	director	225 LIBERTY STREET, NEW YORK NY 10281
Ronald S Rolfe	director	825 8TH AVENUE, 38TH FLOOR, NEW YORK NY 10019
Daniel Rosensweig	director	C/O YAHOO INC, 701 FIRST AVE, SUNNYVALE CA 94089
J Randall Macdonald	director	IBM CORPORATION, NEW ORCHARD ROAD, ARMONK NY 10504
Lawrence A Jacobs	officer: EVP, GC & Secretary	THE NEWS CORPORATION LIMITED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Lynne Biggar	officer: EVP, Consumer Marketing & Rev	1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020-1300
Howard M Averill	other: Former Director	CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Time Warner Inc.	10 percent owner	ONE TIME WARNER CENTER, NEW YORK NY 10019

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