Hooker Furnishings (Hooker Furnishings) Cash-to-Debt : 0.57 (As of Jan. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Hooker Furnishings 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. Hooker Furnishings's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.57.

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, Hooker Furnishings couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

HOFT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.71 Max: No Debt
Current: 0.57

During the past 13 years, Hooker Furnishings's highest Cash to Debt Ratio was No Debt. The lowest was 0.20. And the median was 0.71.

HOFT's Cash-to-Debt is ranked worse than
59.76% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.94 vs HOFT: 0.57

Hooker Furnishings Cash-to-Debt Historical Data

The historical data trend for Hooker Furnishings'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.

Hooker Furnishings Cash-to-Debt Chart

Hooker Furnishings Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

Get a 7-Day Free Trial

0.51

1.82

1.28

0.20

0.57

Hooker Furnishings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.20	0.33	0.59	0.50	0.57

Competitive Comparison of Hooker Furnishings's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Hooker Furnishings'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.

Hooker Furnishings's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hooker Furnishings's Cash-to-Debt distribution charts can be found below:

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

Hooker Furnishings 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.

Hooker Furnishings's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	43.159	/	(8.357	+	67.895)
	=	0.57

Hooker Furnishings's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	43.159	/	(8.357	+	67.895)
	=	0.57

Hooker Furnishings (NAS:HOFT) 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.

Hooker Furnishings Cash-to-Debt Related Terms

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

Hooker Furnishings (Hooker Furnishings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hooker Furnishings Corp (NAS:HOFT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

440 East Commonwealth Boulevard, Martinsville, VA, USA, 24112

Website

https://www.hookerfurnishings.com

Hooker Furnishings Corp formerly Hooker Furniture Corp is a designer, marketer, and importer of case goods, leather furniture, and fabric-upholstered furniture for the residential, hospitality, and contract markets. The company also domestically manufactures premium residential custom leather and custom fabric-upholstered furniture. Its segments are the Hooker Branded, which includes a wide range of design categories, home entertainment, home office, dining, and bedroom furniture; the Home Meridian segment includes Samuel Lawrence Furniture and Pulaski Furniture; and the Domestic Upholstery segment includes the domestic upholstery manufacturing operations of Sam Moore and Shenandoah Furniture and others. The company generates most of its revenue from the Home Meridian Segment.

Executives

Christopher L Henson	director	214 N TRYON STREET, CHARLOTTE NC 28202
Maria C Duey	director	440 COMMONWEALTH BLVD E, MARTINSVILLE VA 24112
Anne Jacobsen	officer: Senior Vice President	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Paul A Huckfeldt	officer: Chief Financial Officer	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Tonya Harris Jackson	director	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Beeler W Christopher Jr	director	C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Tod R Phelps	officer: Sr. VP - Operations	PO BOX 4708, MARTINSVILLE VA 24115
Toms Paul B Jr	director, officer: Chief Executive Officer	HOOKER FURNITURE CORP, 440 E COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Donald Lee Boone	officer: Co-President HMI	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Douglas Townsend	officer: Co-President HMI	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARDM, MARTINSVILLE VA 24112
Williamson Henry G Jr	director	HOOKER FURNITURE CORPORATION, POB 4708, MARTINSVILLE VA 24112
E Larry Ryder	director	C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Michael W Delgatti	officer: President	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Paulette Garafalo	director	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Jeremy R Hoff	officer: President	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112