Miba AG (LTS:0F98) Cash-to-Debt : 1.35 (As of Jul. 2015)

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What is Miba 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. Miba AG's cash to debt ratio for the quarter that ended in Jul. 2015 was 1.35.

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, Miba AG could pay off its debt using the cash in hand for the quarter that ended in Jul. 2015.

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

LTS:0F98' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.97 Med: 1.29 Max: No Debt
Current: 1.35

During the past 6 years, Miba AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.97. And the median was 1.29.

LTS:0F98's Cash-to-Debt is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.565 vs LTS:0F98: 1.35

Miba AG Cash-to-Debt Historical Data

The historical data trend for Miba 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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Miba AG Cash-to-Debt Chart

Miba AG Annual Data

Trend

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Cash-to-Debt

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No Debt

1.09

1.16

1.33

Miba AG Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Cash-to-Debt	Get a 7-Day Free Trial															1.26	1.38	1.33	1.36	1.35

Competitive Comparison of Miba AG's Cash-to-Debt

For the Auto Parts subindustry, Miba 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.

Miba AG's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Miba AG's Cash-to-Debt distribution charts can be found below:

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

Miba 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.

Miba AG's Cash to Debt Ratio for the fiscal year that ended in Jan. 2015 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)
	=	174.583	/	(19.313	+	112.428)
	=	1.33

Miba AG's Cash to Debt Ratio for the quarter that ended in Jul. 2015 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)
	=	183.056	/	(26.598	+	108.882)
	=	1.35

Miba AG (LTS:0F98) 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.

Miba AG Cash-to-Debt Related Terms

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Miba AG (LTS:0F98) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Miba AG (LTS:0F98) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Website

http://www.miba.com

Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

Miba AG (LTS:0F98) Headlines

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