Cadeler AS (OSL:CADLR) Cash-to-Debt : 0.47 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Cadeler AS 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. Cadeler AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.47.

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

OSL:CADLR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.86
Current: 0.47

During the past 7 years, Cadeler AS's highest Cash to Debt Ratio was 0.86. The lowest was 0.00. And the median was 0.03.

OSL:CADLR's Cash-to-Debt is ranked worse than
50.88% of 969 companies
in the Transportation industry
Industry Median: 0.49 vs OSL:CADLR: 0.47

Cadeler AS Cash-to-Debt Historical Data

The historical data trend for Cadeler AS'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.

Cadeler AS Cash-to-Debt Chart

Cadeler AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.86

0.03

0.17

0.47

Cadeler AS Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						0.03	-	0.17	0.17	0.47

Competitive Comparison of Cadeler AS's Cash-to-Debt

For the Marine Shipping subindustry, Cadeler AS'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.

Cadeler AS's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cadeler AS's Cash-to-Debt distribution charts can be found below:

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

Cadeler AS 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.

Cadeler AS'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)
	=	1111.403	/	(16.106	+	2360.27)
	=	0.47

Cadeler AS'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)
	=	1111.403	/	(16.106	+	2360.27)
	=	0.47

Cadeler AS (OSL:CADLR) 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.

Cadeler AS Cash-to-Debt Related Terms

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

Cadeler AS (OSL:CADLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cadeler AS (OSL:CADLR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CDLR:USA CADLF:USA CADLRo:Sweden CADLRo:UK CA2:Germany

Address

Arne Jacobsens Alle 7, Fairway House, Copenhagen S, DNK, DK-2300

Website

https://www.cadeler.com

Cadeler AS is a key supplier within the offshore wind industry for installation services and operation and maintenance work. The Company provides marine and engineering operations to the wind industry with a focus on safety and the environment. The Group owns and operates two offshore jack-up wind farm installation vessels, Wind Orca and Wind Osprey. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.

Cadeler AS (OSL:CADLR) Headlines

No Headlines