Deutsche Beteiligungs AG (Deutsche Beteiligungs AG) Cash-to-Debt : 0.92 (As of Dec. 2023)

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What is Deutsche Beteiligungs 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. Deutsche Beteiligungs AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.92.

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

DEUBF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: No Debt Max: No Debt
Current: 0.92

During the past 13 years, Deutsche Beteiligungs AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.23. And the median was No Debt.

DEUBF's Cash-to-Debt is ranked worse than
61.18% of 1476 companies
in the Asset Management industry
Industry Median: 5.445 vs DEUBF: 0.92

Deutsche Beteiligungs AG Cash-to-Debt Historical Data

The historical data trend for Deutsche Beteiligungs 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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Deutsche Beteiligungs AG Cash-to-Debt Chart

Deutsche Beteiligungs AG Annual Data

Trend

Oct14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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No Debt

1.03

9.21

0.45

1.52

Deutsche Beteiligungs AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.40	5.59	No Debt	1.52	0.92

Competitive Comparison of Deutsche Beteiligungs AG's Cash-to-Debt

For the Asset Management subindustry, Deutsche Beteiligungs 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.

Deutsche Beteiligungs AG's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Deutsche Beteiligungs AG's Cash-to-Debt distribution charts can be found below:

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

Deutsche Beteiligungs AG Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Deutsche Beteiligungs AG's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	21.364	/	(0	+	14.02)
	=	1.52

Deutsche Beteiligungs AG's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	51.799	/	(0	+	56.28)
	=	0.92

Deutsche Beteiligungs AG (GREY:DEUBF) 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.

Deutsche Beteiligungs AG Cash-to-Debt Related Terms

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Deutsche Beteiligungs AG (Deutsche Beteiligungs AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Deutsche Beteiligungs AG (GREY:DEUBF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0QF7:UK DBAN:Germany DBAN:Germany DBAN:Germany DBAN:Germany DBAN:Austria

Address

Borsenstrasse 1, Frankfurt, HE, DEU, 60313

Website

https://www.dbag.com

Deutsche Beteiligungs AG is a German asset management enterprise. It aims to create value for its investors by the way of two business lines; fund investment services and private equity investments. Under the fund investment services, the assets under management are targeted for long-term growth. The objective of its private equity investments is to sustainably build the value of the companies under its portfolio. The company also manages assets entrusted to it by investors to invest through co-investment funds. Its operating segment includes Private Equity Investments and Fund Investment Services.