Applus Services (FRA:39A) Cash-to-Debt : 0.19 (As of Dec. 2023)

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What is Applus Services 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. Applus Services's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.19.

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

FRA:39A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.2 Max: 0.25
Current: 0.19

During the past 13 years, Applus Services's highest Cash to Debt Ratio was 0.25. The lowest was 0.19. And the median was 0.20.

FRA:39A's Cash-to-Debt is ranked worse than
78.22% of 1047 companies
in the Business Services industry
Industry Median: 0.99 vs FRA:39A: 0.19

Applus Services Cash-to-Debt Historical Data

The historical data trend for Applus Services'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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Applus Services Cash-to-Debt Chart

Applus Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.20

0.21

0.19

Applus Services 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															0.19	0.17	0.19	0.17	0.19

Competitive Comparison of Applus Services's Cash-to-Debt

For the Specialty Business Services subindustry, Applus Services'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.

Applus Services's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Applus Services's Cash-to-Debt distribution charts can be found below:

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

Applus Services 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.

Applus Services'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)
	=	207.154	/	(108.688	+	965.087)
	=	0.19

Applus Services'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)
	=	207.154	/	(108.688	+	965.087)
	=	0.19

Applus Services (FRA:39A) 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.

Applus Services Cash-to-Debt Related Terms

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Applus Services (FRA:39A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Applus Services SA (FRA:39A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0QTZ:UK APPS:Spain

Address

C/ Campezo n 1, Parque Empresarial Las Mercedes, Edificio 3, Madrid, ESP, 28022

Website

https://www.applus.com

Applus Services SA is a Spain-based company that provides testing, inspection and certification services. The company operates through four divisions. The energy and industry division, which accounts for the majority of revenue, is primarily engaged in industrial and environmental inspection, technical assistance, technical staffing, and others. The automotive division conducts statutory vehicle inspection services for safety and emissions. The IDIADA division provides vehicle proving ground, engineering, design and other services. The laboratories division conducts product testing and certification services for laboratories. Europe, North America, Asia Pacific are the three biggest markets for the company.

Applus Services (FRA:39A) Headlines

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