Trinseo (Trinseo) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is Trinseo 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. Trinseo's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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, Trinseo 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 Trinseo's Cash-to-Debt or its related term are showing as below:

TSE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.34 Max: 0.47
Current: 0.07

During the past 13 years, Trinseo's highest Cash to Debt Ratio was 0.47. The lowest was 0.07. And the median was 0.34.

TSE's Cash-to-Debt is ranked worse than
91.8% of 1548 companies
in the Chemicals industry
Industry Median: 0.72 vs TSE: 0.07

Trinseo Cash-to-Debt Historical Data

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

Trinseo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.37

0.47

0.24

0.09

0.11

Trinseo 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															0.09	0.11	0.12	0.11	0.07

Competitive Comparison of Trinseo's Cash-to-Debt

For the Specialty Chemicals subindustry, Trinseo'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.

Trinseo's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Trinseo's Cash-to-Debt distribution charts can be found below:

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

Trinseo 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.

Trinseo'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)
	=	259.1	/	(37.2	+	2329.3)
	=	0.11

Trinseo'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)
	=	166.4	/	(36.6	+	2324.2)
	=	0.07

Trinseo (NYSE:TSE) 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.

Trinseo Cash-to-Debt Related Terms

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

Trinseo (Trinseo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trinseo PLC (NYSE:TSE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TR5:Germany 3XD:Germany

Address

440 East Swedesford Road, Suite 301, Wayne, PA, USA, 19312

Website

https://www.trinseo.com

Trinseo PLC is a leading global materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and base plastics. The company is a global leader in styrene-butadiene latex and holds a strong market position in Europe and North America. Base plastics is the business line with the highest net sales and contains compounds and blends for automotive and other applications. Europe accounts for the highest net sales by geography and building and construction/sheet accounts for the highest net sales by end market.

Executives

Matthew Farrell	director
Roger Greene	officer: VP, GLOBAL CONTROLLER & PAO	C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
David Phillip Stasse	officer: See Remarks	C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Jeanmarie F. Desmond	director	C/O E.I. DU PONT DE NEMOURS AND COMPANY, 974 CENTRE ROAD, BLDG. 730, WILMINGTON DE 19805
Timothy J Thomas	officer: Vice President	C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Angelo N. Chaclas	officer: See Remarks	C/O TRINSEO S.A., 1000 CHESTERBROOK BOULEVARD, SUITE 300, BERWYN PA 19312
Frank A Bozich	officer: President and CEO	PO BOX 1046, SCHENECTADY NY 12301
Philip R Martens	director	PLEXUS CORP., ONE PLEXUS WAY, NEENAH WI 54956
Kessel Bregje Van	officer: SVP, Base Plastics	440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
Han Hendriks	officer: Chief Technology Officer	C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
Jeffrey J Cote	director	C/O SENSATA TECHNOLOGIES, INC., 529 PLEASANT STREET, ATTLEBORO MA 02703
M&g Investment Management Ltd	10 percent owner	10 FENCHURCH AVENUE, LONDON X0 EC3M 5AG
Bernard M Skeete	officer: VP, CAO and Global Controller	C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Joseph Alvarado	director	705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Johanna Frisch	officer: Treasurer	C/O TRINSEO PLC, 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312