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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Cash-to-Debt : 6.04 (As of Dec. 2023)


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What is Schwalbchen Molkerei Jakob Berz 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. Schwalbchen Molkerei Jakob Berz AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.04.

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, Schwalbchen Molkerei Jakob Berz 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 Schwalbchen Molkerei Jakob Berz AG's Cash-to-Debt or its related term are showing as below:

FRA:SMB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.36   Med: 1.85   Max: 6.04
Current: 6.04

During the past 13 years, Schwalbchen Molkerei Jakob Berz AG's highest Cash to Debt Ratio was 6.04. The lowest was 0.36. And the median was 1.85.

FRA:SMB's Cash-to-Debt is ranked better than
80.59% of 1855 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs FRA:SMB: 6.04

Schwalbchen Molkerei Jakob Berz AG Cash-to-Debt Historical Data

The historical data trend for Schwalbchen Molkerei Jakob Berz 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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Schwalbchen Molkerei Jakob Berz AG Cash-to-Debt Chart

Schwalbchen Molkerei Jakob Berz AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 2.94 3.31 1.36 6.04

Schwalbchen Molkerei Jakob Berz AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.50 2.94 3.31 1.36 6.04

Competitive Comparison of Schwalbchen Molkerei Jakob Berz AG's Cash-to-Debt

For the Packaged Foods subindustry, Schwalbchen Molkerei Jakob Berz 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.

Schwalbchen Molkerei Jakob Berz AG's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Schwalbchen Molkerei Jakob Berz AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Schwalbchen Molkerei Jakob Berz AG's Cash-to-Debt falls into.


Schwalbchen Molkerei Jakob Berz 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.

Schwalbchen Molkerei Jakob Berz 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)
=18.131 / (0 + 3.001)
=6.04

Schwalbchen Molkerei Jakob Berz 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)
=18.131 / (0 + 3.001)
=6.04

* 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.

Schwalbchen Molkerei Jakob Berz AG  (FRA:SMB) 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.

Schwalbchen Molkerei Jakob Berz AG Cash-to-Debt Related Terms

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

Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) » Definitions » Cash-to-Debt
Comparable Companies
FRA:VG0K XTER:CFC XTER:FEV XTER:V6C FRA:TUR XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND LSE:ABF SHSE:600887 SZSE:300999 MKC K HRL TSE:2802 BIMBOA SGX:F34
Traded in Other Exchanges
N/A
Address
Bad Schwalbach, Bad Schwalbach, DEU, 65307
Website
http://www.schwaelbchen-molkerei.de
Schwalbchen Molkerei Jakob Berz AG is engaged in processing and distribution of milk and milk products, the wholesale of dairy products and related foodstuffs. The company acts as a regional brand supplier of fresh and long-life milk, as well as fresh produce such as yogurt, whipped cream, sour cream, natural and fruit quark, cream, and sponge cake under the name SCHWÄLBCHEN. Specialties such as the coffee beverage Caffreddo and ethnic items such as Ayran are marketed nationwide. The company is engaged in the wholesale consumer trade segment.