Philip Morris CR AS (XPRA:TABAK) Cash-to-Debt : 22.53 (As of Dec. 2023)

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What is Philip Morris CR AS 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. Philip Morris CR AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 22.53.

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, Philip Morris CR AS 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 Philip Morris CR AS's Cash-to-Debt or its related term are showing as below:

XPRA:TABAK' s Cash-to-Debt Range Over the Past 10 Years
Min: 18.48 Med: 88.17 Max: No Debt
Current: 22.53

During the past 13 years, Philip Morris CR AS's highest Cash to Debt Ratio was No Debt. The lowest was 18.48. And the median was 88.17.

XPRA:TABAK's Cash-to-Debt is ranked better than
80% of 50 companies
in the Tobacco Products industry
Industry Median: 0.58 vs XPRA:TABAK: 22.53

Philip Morris CR AS Cash-to-Debt Historical Data

The historical data trend for Philip Morris CR AS'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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Philip Morris CR AS Cash-to-Debt Chart

Philip Morris CR AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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18.48

26.48

30.56

27.25

22.53

Philip Morris CR AS 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															30.56	28.69	27.25	15.79	22.53

Competitive Comparison of Philip Morris CR AS's Cash-to-Debt

For the Tobacco subindustry, Philip Morris CR AS'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.

Philip Morris CR AS's Cash-to-Debt Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris CR AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Philip Morris CR AS's Cash-to-Debt falls into.

Philip Morris CR AS 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.

Philip Morris CR AS'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)
	=	7526	/	(127	+	207)
	=	22.53

Philip Morris CR AS'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)
	=	7526	/	(127	+	207)
	=	22.53

Philip Morris CR AS (XPRA:TABAK) 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.

Philip Morris CR AS Cash-to-Debt Related Terms

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Philip Morris CR AS (XPRA:TABAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris CR AS (XPRA:TABAK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TBK:Germany

Address

Karlovo namesti 10, Prague, CZE, 120 00

Website

https://www.philipmorris.cz

Philip Morris CR AS is a Czech Republic-based company active in the tobacco industry. The company is engaged in the production, sale, distribution, and marketing of tobacco products. The company also distributes smoke-free tobacco products under the HEETS name; and IQOS tobacco heating systems and related accessories, as well as cigarettes. It provides its tobacco products primarily under the Marlboro, L&M, Philip Morris, Petra Klasik, Sparta, and Chesterfield brands.

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