Enerpac Tool Group (Enerpac Tool Group) Cash-to-Debt : 0.63 (As of Feb. 2024)

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What is Enerpac Tool Group 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. Enerpac Tool Group's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.63.

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, Enerpac Tool Group couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

EPAC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.44 Max: 0.8
Current: 0.63

During the past 13 years, Enerpac Tool Group's highest Cash to Debt Ratio was 0.80. The lowest was 0.15. And the median was 0.44.

EPAC's Cash-to-Debt is ranked worse than
63.6% of 3000 companies
in the Industrial Products industry
Industry Median: 1.22 vs EPAC: 0.63

Enerpac Tool Group Cash-to-Debt Historical Data

The historical data trend for Enerpac Tool Group'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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Enerpac Tool Group Cash-to-Debt Chart

Enerpac Tool Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.46

0.60

0.80

0.59

0.72

Enerpac Tool Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.60	0.61	0.72	0.61	0.63

Competitive Comparison of Enerpac Tool Group's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Enerpac Tool Group'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.

Enerpac Tool Group's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enerpac Tool Group's Cash-to-Debt distribution charts can be found below:

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

Enerpac Tool Group 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.

Enerpac Tool Group's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	154.415	/	(3.75	+	210.337)
	=	0.72

Enerpac Tool Group's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	153.693	/	(5	+	239.92)
	=	0.63

Enerpac Tool Group (NYSE:EPAC) 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.

Enerpac Tool Group Cash-to-Debt Related Terms

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

Enerpac Tool Group (Enerpac Tool Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enerpac Tool Group Corp (NYSE:EPAC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PW9:Germany

Address

N86 W12500 Westbrook Crossing, Menomonee Falls, WI, USA, 53051

Website

https://www.enerpactoolgroup.com

Enerpac Tool Group, previously known as Actuant, provides high-precision tools, controlled-force products, and solutions for precise heavy lifting. The company operates through two segments: industrial tools and services and other. It categorizes its revenue into two parts: product sales and services, which include manpower services and rentals. Product sales is the largest contributor to the company's total revenue. Geographically, the company operates in the United States, Asia, Australia, Europe, Middle East, and other areas. The U.S. makes up the largest contribution to the company's total revenue.

Executives

James Denis	officer: EVP, GC and Secretary	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Benjamin James Topercer	officer: EVP - Chief HR Officer	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Anthony Peter Colucci	officer: EVP - CFO	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Lynn C Minella	director	5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Danny L Cunningham	director	C/O ACTUANT CORPORATION, N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Ferland E James Jr	director	ALVARADO SQUARE, MS 2850, ALBUQUERQUE NM 87158
Simmons Sidney S. Ii	director	562 PARK STREET, SUITE 300, JACKSONVILLE FL 32204
Markus Limberger	officer: EVP, Operations	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Paul Sternlieb	officer: President and CEO	70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Healy Colleen	director	11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Ricky T Dillon	officer: Executive Vice President - CFO	ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Scott Matthew Vuchetich	officer: EVP, Mkg and Pres-Americas	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Richard D Holder	director	EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Bryan Johnson	officer: Controller and PAO	N86 W112500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Randal W Baker	director, officer: Pres. and CEO	100 E WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202