Linus Digital Finance AG (FRA:LDF) Cash-to-Debt : 6.51 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Linus Digital Finance 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. Linus Digital Finance AG's cash to debt ratio for the quarter that ended in Jun. 2023 was 6.51.

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, Linus Digital Finance AG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Linus Digital Finance AG's Cash-to-Debt or its related term are showing as below:

FRA:LDF' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.74 Med: 8.13 Max: 12.12
Current: 6.51

During the past 3 years, Linus Digital Finance AG's highest Cash to Debt Ratio was 12.12. The lowest was 4.74. And the median was 8.13.

FRA:LDF's Cash-to-Debt is ranked better than
50.54% of 1470 companies
in the Asset Management industry
Industry Median: 5.845 vs FRA:LDF: 6.51

Linus Digital Finance AG Cash-to-Debt Historical Data

The historical data trend for Linus Digital Finance 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.

* Premium members only.

Linus Digital Finance AG Cash-to-Debt Chart

Linus Digital Finance AG Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

9.76

10.33

5.80

Linus Digital Finance AG Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial			12.12	10.33	4.74	5.80	6.51

Competitive Comparison of Linus Digital Finance AG's Cash-to-Debt

For the Asset Management subindustry, Linus Digital Finance 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.

Linus Digital Finance AG's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Linus Digital Finance AG's Cash-to-Debt falls into.

Linus Digital Finance 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.

Linus Digital Finance AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	69.652	/	(4.12	+	7.887)
	=	5.80

Linus Digital Finance AG's Cash to Debt Ratio for the quarter 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)
	=	71.397	/	(4.221	+	6.742)
	=	6.51

Linus Digital Finance AG (FRA:LDF) 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.

Linus Digital Finance AG Cash-to-Debt Related Terms

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

Linus Digital Finance AG (FRA:LDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Linus Digital Finance AG (FRA:LDF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LDF:Germany

Address

Alexanderstrasse 7, Berlin, DEU, 10178

Website

https://www.linus-finance.com

Linus Digital Finance AG is engaged in the development and management of financing solutions for real estate projects. Its digital platform gives professional and semi-professional investors access to curated real estate investments. The company's operating segment includes Linus Corporate and Linus Funds. It generates maximum revenue from the Linus Corporate segment.

Linus Digital Finance AG (FRA:LDF) Headlines

No Headlines