Andrews Sykes Group (LSE:ASY) Cash-to-Debt : 1.30 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Andrews Sykes Group 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. Andrews Sykes Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.30.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Andrews Sykes Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:ASY' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.3 Med: 3.31 Max: 6.22
Current: 1.3

During the past 13 years, Andrews Sykes Group's highest Cash to Debt Ratio was 6.22. The lowest was 1.30. And the median was 3.31.

LSE:ASY's Cash-to-Debt is ranked better than
53.82% of 1061 companies
in the Business Services industry
Industry Median: 1.01 vs LSE:ASY: 1.30

Andrews Sykes Group Cash-to-Debt Historical Data

The historical data trend for Andrews Sykes Group'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.

Andrews Sykes Group Cash-to-Debt Chart

Andrews Sykes Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.77

1.47

2.04

3.29

1.30

Andrews Sykes Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															2.04	2.71	3.29	2.73	1.30

Competitive Comparison of Andrews Sykes Group's Cash-to-Debt

For the Rental & Leasing Services subindustry, Andrews Sykes Group'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.

Andrews Sykes Group's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Andrews Sykes Group's Cash-to-Debt distribution charts can be found below:

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

Andrews Sykes Group 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.

Andrews Sykes Group'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)
	=	19.967	/	(2.429	+	12.968)
	=	1.30

Andrews Sykes Group'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)
	=	19.967	/	(2.429	+	12.968)
	=	1.30

Andrews Sykes Group (LSE:ASY) 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.

Andrews Sykes Group Cash-to-Debt Related Terms

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

Andrews Sykes Group (LSE:ASY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Andrews Sykes Group PLC (LSE:ASY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ASY.GB:UK

Address

Union Street, St David's Court, Wolverhampton, West Midlands, GBR, WV1 3JE

Website

https://www.andrews-sykes.com

Andrews Sykes Group PLC engages in the rental of pumping equipment and specialist climate control products, which include air conditioning and chillers, heating and boilers, dehumidifiers, and ventilation units. Its operating segments are Hire and sales Europe, Hire and sales the Middle East, and Installation and maintenance. Most of the revenue is derived from the Hire and Sales Europe segment. Its geographical segments are the United Kingdom, the Rest of Europe, the Middle East & Africa, and the Rest of the World.

Andrews Sykes Group (LSE:ASY) Headlines

No Headlines