How much debt does Cabot have?
According to Cabot's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Cabot's total debt stands at $1.14B. This is broken down into:
- Long-term debt: $1.09B
- Short-term debt: $53.00M
The company's net debt, which accounts for cash and cash equivalents, is $917.00M. In terms of overall financial obligations, Cabot's total liabilities amount to $2.15B.
Debt Ratios and Metrics
To better understand Cabot's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.80 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 30.51% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 7.58 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 43.27% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 44.44% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Cabot's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.14B
Long-term Debt
$1.09B
Short-term Debt
$53.00M
Net Debt
$917.00M
Total Liabilities
$2.15B
Interest Coverage
7.58
Debt to Equity Ratio
0.80
Debt Ratio
30.51%
Cabot Historical Debt Metrics
Cabot Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.14B | $1.09B | $53.00M | $917.00M | $2.15B | 0.80 | 30.51% | 7.58 | 43.27% | 44.44% |
| 2023 | $1.28B | $1.18B | $182.00M | $1.04B | $2.20B | 1.01 | 35.41% | 5.84 | 46.40% | 50.24% |
| 2022 | $1.44B | $1.17B | $354.00M | $1.24B | $2.49B | 1.61 | 40.94% | 10.25 | 54.81% | 61.64% |
| 2021 | $1.16B | $801.00M | $445.00M | $994.00M | $2.22B | 1.23 | 35.15% | 9.27 | 43.09% | 55.10% |
| 2020 | $1.11B | $1.18B | $21.00M | $964.00M | $1.97B | 1.61 | 40.09% | 2.83 | 61.29% | 61.74% |
| 2019 | $1.06B | $1.03B | $40.00M | $895.00M | $1.87B | 1.07 | 35.42% | 5.19 | 50.64% | 51.60% |
| 2018 | $1.00B | $729.00M | $284.00M | $828.00M | $1.97B | 0.87 | 30.92% | 2.89 | 38.39% | 46.50% |
| 2017 | $924.00M | $661.00M | $263.00M | $644.00M | $1.71B | 0.62 | 27.90% | 6.34 | 30.87% | 38.44% |
| 2016 | $926.00M | $918.00M | $8.00M | $726.00M | $1.79B | 0.73 | 29.32% | 4.63 | 41.88% | 42.09% |
| 2015 | $993.00M | $970.00M | $23.00M | $916.00M | $1.73B | 0.80 | 32.29% | 0.72 | 43.93% | 44.51% |
Related Metrics
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