Schlatter Industries AG (CHIX:STRNZ) Cash-to-Debt : 2.48 (As of Dec. 2023)

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What is Schlatter Industries 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. Schlatter Industries AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.48.

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

CHIX:STRNz' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 2.32 Max: 43.25
Current: 2.48

During the past 13 years, Schlatter Industries AG's highest Cash to Debt Ratio was 43.25. The lowest was 0.30. And the median was 2.32.

CHIX:STRNz's Cash-to-Debt is ranked better than
62.61% of 2926 companies
in the Industrial Products industry
Industry Median: 1.22 vs CHIX:STRNz: 2.48

Schlatter Industries AG Cash-to-Debt Historical Data

The historical data trend for Schlatter Industries 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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Schlatter Industries AG Cash-to-Debt Chart

Schlatter Industries AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.40

0.36

2.17

1.25

2.48

Schlatter Industries AG Quarterly 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															2.17	2.21	1.25	1.34	2.48

Competitive Comparison of Schlatter Industries AG's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Schlatter Industries 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.

Schlatter Industries AG's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Schlatter Industries AG's Cash-to-Debt distribution charts can be found below:

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

Schlatter Industries 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.

Schlatter Industries 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)
	=	13.461	/	(0.553	+	4.88)
	=	2.48

Schlatter Industries 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)
	=	13.461	/	(0.553	+	4.88)
	=	2.48

Schlatter Industries AG (CHIX:STRNz) 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.

Schlatter Industries AG Cash-to-Debt Related Terms

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Schlatter Industries AG (CHIX:STRNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schlatter Industries AG (CHIX:STRNz) » Definitions » Cash-to-Debt

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STRN:Switzerland

Address

Brandstrasse 24, Schlieren, CHE, 8952

Website

http://www.schlattergroup.com

Schlatter Industries AG with its subsidiaries is engaged in plant manufacturing for resistance welding machines and weaving machines for special applications. The firm specializes in plant engineering for resistance welding systems for reinforcement mesh, industrial mesh, and butt welding systems for rails as well as weaving and finishing equipment to produce paper machine clothing, wire fabrics, and wire mesh. In the welding segment, the company develops and builds resistance welding systems for the production of industrial and reinforcing mesh as well as rail welding. The firm offers warping, weaving, heat-setting and finishing machines for the paper machine under the brand name Jager. The group is based in Switzerland.

Schlatter Industries AG (CHIX:STRNZ) Headlines

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