Wall to Wall Group AB (OSTO:WTW A) Cash-to-Debt : 0.44 (As of Dec. 2023)

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What is Wall to Wall Group 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. Wall to Wall Group AB's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.44.

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, Wall to Wall Group AB 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 Wall to Wall Group AB's Cash-to-Debt or its related term are showing as below:

OSTO:WTW A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.44 Med: 1.03 Max: No Debt
Current: 0.44

During the past 3 years, Wall to Wall Group AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.44. And the median was 1.03.

OSTO:WTW A's Cash-to-Debt is ranked worse than
58.66% of 1674 companies
in the Construction industry
Industry Median: 0.62 vs OSTO:WTW A: 0.44

Wall to Wall Group AB Cash-to-Debt Historical Data

The historical data trend for Wall to Wall Group 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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Wall to Wall Group AB Cash-to-Debt Chart

Wall to Wall Group AB Annual Data

Trend

Apr21

Dec22

Dec23

Cash-to-Debt

No Debt

1.03

0.44

Wall to Wall Group AB Quarterly Data
	Oct21	Jan22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			1.34	0.91	0.84	0.38	0.44

Competitive Comparison of Wall to Wall Group AB's Cash-to-Debt

For the Engineering & Construction subindustry, Wall to Wall Group 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.

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

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

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

Wall to Wall Group 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.

Wall to Wall Group 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)
	=	106.1	/	(40.3	+	201.7)
	=	0.44

Wall to Wall Group AB'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)
	=	106.1	/	(40.3	+	201.7)
	=	0.44

Wall to Wall Group AB (OSTO:WTW 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.

Wall to Wall Group AB Cash-to-Debt Related Terms

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Wall to Wall Group AB (OSTO:WTW A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wall to Wall Group AB (OSTO:WTW A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Linnegatan 2, Box 5712, Stockholm, SWE, 11487

Website

https://walltowallgroup.se

Wall to Wall Group AB is engaged in pipe collection, pipe flushing, maintenance and sealing of ventilation ducts, as well as other complementary and related services that are sold and performed in the same market channels, such as geothermal solutions in apartment buildings.

Wall to Wall Group AB (OSTO:WTW A) Headlines

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