Austriacard Holdings AG (ATH:ACAG) Cash-to-Debt : 0.20 (As of Dec. 2023)

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What is Austriacard Holdings AG 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. Austriacard Holdings AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.20.

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

ATH:ACAG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.2 Max: 0.27
Current: 0.2

During the past 5 years, Austriacard Holdings AG's highest Cash to Debt Ratio was 0.27. The lowest was 0.12. And the median was 0.20.

ATH:ACAG's Cash-to-Debt is ranked worse than
86.04% of 2800 companies
in the Software industry
Industry Median: 2.45 vs ATH:ACAG: 0.20

Austriacard Holdings AG Cash-to-Debt Historical Data

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

Austriacard Holdings AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.27

0.16

0.12

0.22

0.20

Austriacard Holdings AG Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.12	0.15	0.22	0.16	0.20

Competitive Comparison of Austriacard Holdings AG's Cash-to-Debt

For the Information Technology Services subindustry, Austriacard Holdings AG'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.

Austriacard Holdings AG's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Austriacard Holdings AG's Cash-to-Debt distribution charts can be found below:

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

Austriacard Holdings AG 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.

Austriacard Holdings AG'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)
	=	23.825	/	(16.44	+	102.432)
	=	0.20

Austriacard Holdings AG'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)
	=	23.825	/	(16.44	+	102.432)
	=	0.20

Austriacard Holdings AG (ATH:ACAG) 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.

Austriacard Holdings AG Cash-to-Debt Related Terms

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Austriacard Holdings AG (ATH:ACAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Austriacard Holdings AG (ATH:ACAG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ACQ0:Germany ACAG:Austria

Address

Lamezanstrasse 4-8, Vienna, AUT, 1232

Website

https://www.austriacard.com

Austriacard Holdings AG is a B2B (business-to-business) provider of secure data solutions mainly in Europe, with market share in many European countries. It engages in the business areas of Digital Security and Information Management. The Digital Security division provides end-to-end secure data solutions and offers personalization services and products for the sensitive areas of financial institutions, government, the public sector, transportation as well as industry & retail. The information management division provides products and services for secure document and information management, as well as specialized solutions for the digital transformation of businesses and organizations under the brand INFORM.

Executives

Nikolaos Lykos

Chairman of the Management Board

Austriacard Holdings AG (ATH:ACAG) Headlines

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