Finning International (STU:CIH) Cash-to-Debt : 0.11 (As of Sep. 2024)

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

What is Finning International 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. Finning International's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.11.

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, Finning International couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

STU:CIH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.17 Max: 0.41
Current: 0.11

During the past 13 years, Finning International's highest Cash to Debt Ratio was 0.41. The lowest was 0.03. And the median was 0.17.

STU:CIH's Cash-to-Debt is ranked worse than
78.95% of 152 companies
in the Industrial Distribution industry
Industry Median: 0.49 vs STU:CIH: 0.11

Finning International Cash-to-Debt Historical Data

The historical data trend for Finning International'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.

Finning International Cash-to-Debt Chart

Finning International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.33

0.30

0.15

0.09

Finning International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.09	0.07	0.08	0.11

Competitive Comparison of Finning International's Cash-to-Debt

For the Industrial Distribution subindustry, Finning International'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.

Finning International's Cash-to-Debt Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Finning International's Cash-to-Debt distribution charts can be found below:

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

Finning International 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.

Finning International'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)
	=	164.726	/	(1033.47	+	809.278)
	=	0.09

Finning International's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	198.212	/	(733.651	+	1089.501)
	=	0.11

Finning International (STU:CIH) 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.

Finning International Cash-to-Debt Related Terms

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

Finning International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Finning International Inc (STU:CIH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FINGF:USA 0UVO:UK FTT:Canada

Address

19100 94th Avenue, Surrey, BC, CAN, V4N 5C3

Website

https://www.finning.com

Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, South America, UK and Ireland, and others.