RanLOS AB (OSTO:RLOS B) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is RanLOS 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. RanLOS AB's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt ⁽¹⁾.

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, RanLOS AB could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(1) 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.

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

OSTO:RLOS B' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, RanLOS AB's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

OSTO:RLOS B's Cash-to-Debt is ranked better than
99.84% of 2472 companies
in the Hardware industry
Industry Median: 1.36 vs OSTO:RLOS B: No Debt

RanLOS AB Cash-to-Debt Historical Data

The historical data trend for RanLOS 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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RanLOS AB Cash-to-Debt Chart

RanLOS AB Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

RanLOS AB Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	No Debt	N/A	No Debt	No Debt

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

For the Scientific & Technical Instruments subindustry, RanLOS 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.

RanLOS AB's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, RanLOS AB's Cash-to-Debt distribution charts can be found below:

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

RanLOS 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.

RanLOS AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

RanLOS AB had no debt ⁽¹⁾.

RanLOS AB's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

RanLOS AB had no debt ⁽¹⁾.

RanLOS AB (OSTO:RLOS B) 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.

RanLOS AB Cash-to-Debt Related Terms

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

RanLOS AB (OSTO:RLOS B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RanLOS AB (OSTO:RLOS B) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flojelbergsgatan 20 C, Molndal, SWE, 431 37

Website

https://www.ranlos.com

RanLOS AB develops measurement technologies for testing and verifying antennas and systems used in connected vehicles and other wireless devices.

RanLOS AB (OSTO:RLOS B) Headlines

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RanLOS AB (OSTO:RLOS B) Cash-to-Debt : No Debt (1) (As of Jun. 2023)