Hagar hf (OISE:HAGA) Cash-to-Debt : 0.06 (As of Feb. 2024)

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What is Hagar hf 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. Hagar hf's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.06.

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, Hagar hf couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

OISE:HAGA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.85
Current: 0.06

During the past 13 years, Hagar hf's highest Cash to Debt Ratio was 0.85. The lowest was 0.02. And the median was 0.08.

OISE:HAGA's Cash-to-Debt is ranked worse than
88.78% of 303 companies
in the Retail - Defensive industry
Industry Median: 0.44 vs OISE:HAGA: 0.06

Hagar hf Cash-to-Debt Historical Data

The historical data trend for Hagar hf'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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Hagar hf Cash-to-Debt Chart

Hagar hf Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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0.09

0.02

0.04

0.12

0.06

Hagar hf Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.12	0.10	0.07	0.06

Competitive Comparison of Hagar hf's Cash-to-Debt

For the Grocery Stores subindustry, Hagar hf'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.

Hagar hf's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Hagar hf's Cash-to-Debt distribution charts can be found below:

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

Hagar hf 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.

Hagar hf's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	1827	/	(8397	+	20946)
	=	0.06

Hagar hf's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	1827	/	(8397	+	20946)
	=	0.06

Hagar hf (OISE:HAGA) 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.

Hagar hf Cash-to-Debt Related Terms

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

Hagar hf (OISE:HAGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Hagar hf (OISE:HAGA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hagasmari 1, Kopavogur, ISL, 201

Website

http://www.hagar.is

Hagar hf is a retail company located in Iceland. The company with its subsidiaries operate stores within retail chains as well as warehouses. It also operates specialty product division within Hagkaup grocery retailer and several specialty stores offering lifestyle and retail brands. The firm mainly operates in grocery sector and owns Hagkaup and Bonus grocery retailers and also support service companies in the fields of purchasing and distribution.

Hagar hf (OISE:HAGA) Headlines

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