Star Equity Holdings (Star Equity Holdings) Cash-to-Debt

: 6.42 (As of Dec. 2023)

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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. Star Equity Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.42.

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

STRR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.21 Max: 63.18
Current: 6.42

During the past 13 years, Star Equity Holdings's highest Cash to Debt Ratio was 63.18. The lowest was 0.07. And the median was 0.21.

STRR's Cash-to-Debt is ranked better than
72.96% of 233 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.44 vs STRR: 6.42

Star Equity Holdings Cash-to-Debt Historical Data

The historical data trend for Star Equity 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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Star Equity Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.07

0.12

0.25

1.45

6.42

Star Equity Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																1.45	0.70	14.46	11.17	6.42

Competitive Comparison

For the Diagnostics & Research subindustry, Star Equity 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.

Star Equity Holdings Cash-to-Debt Distribution

For the Medical Diagnostics & Research industry and Healthcare sector, Star Equity Holdings's Cash-to-Debt distribution charts can be found below:

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

Star Equity 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.

Star Equity 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)
	=	23.164	/	(2.464	+	1.145)
	=	6.42

Star Equity 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)
	=	23.164	/	(2.464	+	1.145)
	=	6.42

Star Equity Holdings (NAS:STRR) 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.

Star Equity Holdings Cash-to-Debt Related Terms

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

Star Equity Holdings (Star Equity Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Star Equity Holdings Inc (NAS:STRR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

STRRP.PFD:USA

Address

53 Forest Avenue, Suite 101, Old Greenwich, CT, USA, 06870

Website

https://www.starequity.com

Star Equity Holdings Inc is a multi-industry diversified holding company with three segments; Healthcare segment provides products and services in the area of nuclear medicine imaging with a focus on cardiac health. It provides imaging services to healthcare providers using a fleet of solid-state gamma cameras and also the manufacturing, distribution, and maintenance of gamma cameras, The construction segment manufactures modular housing units for commercial and residential applications. It operates in two businesses: modular building manufacturing and structural wall panel and wood foundation manufacturing, including building supply retail operations, and The investments segment generates intercompany revenue from the lease of commercial properties and equipment.

Executives

Thatcher Butcher	officer: President - KBS	C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Coleman Richard Kenneth Jr.	officer: Chief Operating Officer	53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Ronald A. Schumacher	officer: Exec Chairman - EdgeBuilder	C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Jeffrey E. Eberwein	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Mitchell I Quain	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
John W Gildea	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Hannah M. Bible	officer: Chief Legal Officer	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Michael A. Cunnion	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
David James Noble	officer: Chief Operating Officer	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Matthew G. Molchan	officer: President and CEO	1048 INDUSTRIAL COURT, SUWANEE GA 30024
Cannell Capital Llc	10 percent owner	245 MERIWETHER CIRCLE, ALTA WY 83414
John M Climaco	director	PO BOX 326, PARK CITY UT 84060
Virgil Lott	officer: President, Diagnostic Imaging	1048 INDUSTRIAL COURT, SUWANEE GA 30024
Michael Debeauvernet	officer: General Manager,Mobile Imaging	C/O DIGIRAD CORPORATION, 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Jeffry R. Keyes	officer: Chief Financial Officer	13950 STOWE DRIVE, POWAY CA 92064-8803