Cadre Holdings (Cadre Holdings) Cash-to-Debt : 0.60 (As of Dec. 2023)

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What is Cadre Holdings 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. Cadre Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.60.

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, Cadre Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

CDRE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.21 Max: 0.6
Current: 0.6

During the past 5 years, Cadre Holdings's highest Cash to Debt Ratio was 0.60. The lowest was 0.01. And the median was 0.21.

CDRE's Cash-to-Debt is ranked worse than
54.05% of 309 companies
in the Aerospace & Defense industry
Industry Median: 0.76 vs CDRE: 0.60

Cadre Holdings Cash-to-Debt Historical Data

The historical data trend for Cadre Holdings'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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Cadre Holdings Cash-to-Debt Chart

Cadre Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.01

0.21

0.29

0.60

Cadre Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial												0.29	0.32	0.38	0.47	0.60

Competitive Comparison of Cadre Holdings's Cash-to-Debt

For the Aerospace & Defense subindustry, Cadre Holdings'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.

Cadre Holdings's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cadre Holdings's Cash-to-Debt distribution charts can be found below:

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

Cadre Holdings 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.

Cadre Holdings'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)
	=	87.691	/	(15.83	+	130.998)
	=	0.60

Cadre Holdings'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)
	=	87.691	/	(15.83	+	130.998)
	=	0.60

Cadre Holdings (NYSE:CDRE) 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.

Cadre Holdings Cash-to-Debt Related Terms

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

Cadre Holdings (Cadre Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cadre Holdings Inc (NYSE:CDRE) » Definitions » Cash-to-Debt

Comparable Companies

RGR VSEC EH ACHR DCO SWBI PL TGI VVX SPCE RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX

Traded in Other Exchanges

N/A

Address

13386 International Parkway, Jacksonville, FL, USA, 32218

Website

https://www.cadre-holdings.com

Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The Company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments: Products and Distribution.

Executives

Blaine Browers	officer: CHIEF FINANCIAL OFFICER	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Warren B Kanders	director, 10 percent owner, officer: CEO AND CHAIRMAN	ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
Nicolas Sokolow	director	100 BLVD MALESHERBES, PARIS I0 00000
Brad Williams	officer: PRESIDENT	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Quigley William G Iii	director
Hamish Norton	director	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Maui Holdings, Llc	10 percent owner	340 ROYAL POINCIANA WAY, SUITE 317-250, PALM BEACH FL 33480