Nattaro Labs AB (XSAT:NATTA) Cash-to-Debt : 1.52 (As of Mar. 2024)

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What is Nattaro Labs 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. Nattaro Labs AB's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.52.

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, Nattaro Labs AB could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XSAT:NATTA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 1.52 Max: 6.04
Current: 1.52

During the past 5 years, Nattaro Labs AB's highest Cash to Debt Ratio was 6.04. The lowest was 0.38. And the median was 1.52.

XSAT:NATTA's Cash-to-Debt is ranked better than
63.09% of 1547 companies
in the Chemicals industry
Industry Median: 0.74 vs XSAT:NATTA: 1.52

Nattaro Labs AB Cash-to-Debt Historical Data

The historical data trend for Nattaro Labs 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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Nattaro Labs AB Cash-to-Debt Chart

Nattaro Labs AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.74

0.92

6.04

2.36

1.79

Nattaro Labs AB Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								1.07	0.70	0.38	1.79	1.52

Competitive Comparison of Nattaro Labs AB's Cash-to-Debt

For the Specialty Chemicals subindustry, Nattaro Labs 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.

Nattaro Labs AB's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nattaro Labs AB's Cash-to-Debt distribution charts can be found below:

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

Nattaro Labs 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.

Nattaro Labs 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)
	=	4.913	/	(0.36	+	2.386)
	=	1.79

Nattaro Labs 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)
	=	4.036	/	(0.36	+	2.303)
	=	1.52

Nattaro Labs AB (XSAT:NATTA) 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.

Nattaro Labs AB Cash-to-Debt Related Terms

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Nattaro Labs AB (XSAT:NATTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nattaro Labs AB (XSAT:NATTA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Scheelevägen 2, Medicon Village, Lund, SWE, 223 63

Website

https://www.nattarolabs.com

Nattaro Labs AB is a Swedish company that carries out research to develop innovative products and sustainable solutions to combat the growing global problem of bed bugs.

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