Austin Engineering (Austin Engineering) Cash-to-Debt : 0.40 (As of Dec. 2023)

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What is Austin Engineering 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. Austin Engineering's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.40.

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, Austin Engineering 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 Austin Engineering's Cash-to-Debt or its related term are showing as below:

AUSTF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.36 Max: No Debt
Current: 0.4

During the past 13 years, Austin Engineering's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.36.

AUSTF's Cash-to-Debt is ranked worse than
59.09% of 198 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.585 vs AUSTF: 0.40

Austin Engineering Cash-to-Debt Historical Data

The historical data trend for Austin Engineering'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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Austin Engineering Cash-to-Debt Chart

Austin Engineering Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.32

0.88

0.35

0.57

0.36

Austin Engineering Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.24	0.57	1.69	0.36	0.40

Competitive Comparison of Austin Engineering's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Austin Engineering'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.

Austin Engineering's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Austin Engineering's Cash-to-Debt distribution charts can be found below:

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

Austin Engineering 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.

Austin Engineering's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	13.535	/	(25.662	+	11.548)
	=	0.36

Austin Engineering'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)
	=	14.05	/	(27.857	+	7.467)
	=	0.40

Austin Engineering (OTCPK:AUSTF) 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.

Austin Engineering Cash-to-Debt Related Terms

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

Austin Engineering (Austin Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Austin Engineering Ltd (OTCPK:AUSTF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RZA:Germany ANG:Australia

Address

100 Chisholm Crescent, Kewdale, Perth, WA, AUS, 6105

Website

https://www.austineng.com

Austin Engineering Ltd is an Australia based engineering company. It designs and manufactures customized off-highway truck bodies, buckets, water tanks, tyre handlers, and other ancillary products. It is a complete service provider through the product's life cycle, offering on and off-site repair and maintenance. Its geographical segments include Asia-Pacific, North America, and South America. The company generates maximum revenue from the Asia-Pacific segment through the sale of truck bodies.

Austin Engineering (Austin Engineering) Headlines

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