Ratos AB (OSTO:RATO A) Cash-to-Debt : 0.15 (As of Mar. 2024)

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What is Ratos AB 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. Ratos AB's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.15.

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, Ratos AB couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

OSTO:RATO A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.27 Max: 0.78
Current: 0.15

During the past 13 years, Ratos AB's highest Cash to Debt Ratio was 0.78. The lowest was 0.09. And the median was 0.27.

OSTO:RATO A's Cash-to-Debt is ranked worse than
79.73% of 1633 companies
in the Construction industry
Industry Median: 0.61 vs OSTO:RATO A: 0.15

Ratos AB Cash-to-Debt Historical Data

The historical data trend for Ratos AB'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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Ratos AB Cash-to-Debt Chart

Ratos AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.31

0.34

0.28

0.19

0.23

Ratos AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.10	0.17	0.18	0.23	0.15

Competitive Comparison of Ratos AB's Cash-to-Debt

For the Engineering & Construction subindustry, Ratos AB'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.

Ratos AB's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ratos AB's Cash-to-Debt distribution charts can be found below:

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

Ratos AB 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.

Ratos AB'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)
	=	2360	/	(1288	+	9141)
	=	0.23

Ratos AB's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	1639	/	(1289	+	9415)
	=	0.15

Ratos AB (OSTO:RATO A) 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.

Ratos AB Cash-to-Debt Related Terms

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Ratos AB (OSTO:RATO A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ratos AB (OSTO:RATO A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RTOBF:USA RATO B:Sweden RATOBs:UK 0KBQ:UK RAZB:Germany

Address

Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11

Website

https://www.ratos.com

Ratos AB is an investment company that owns and develops unlisted medium- and small-sized Nordic companies. Its portfolio has a concentration in construction, consumer goods/commerce and industrials. Traditionally, Ratos is the largest owner of its companies, and it seeks to influence the company's development. The company sets thresholds for minimum investment amounts and chooses not to invest in the early phases of a company's life cycle. Potential portfolio companies are traditionally headquartered in the Nordic region, but Ratos removes qualifications for portfolio company add-on acquisitions. Potential acquisitions are selected through either internal processes or with the help of investment banks and other advisors.

Ratos AB (OSTO:RATO A) Headlines

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