Meyer Burger Technology AG (XSWX:MBTN) Cash-to-Debt : 0.43 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Meyer Burger Technology AG 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. Meyer Burger Technology AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.43.

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, Meyer Burger Technology AG 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 Meyer Burger Technology AG's Cash-to-Debt or its related term are showing as below:

XSWX:MBTN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: 1.27 Max: 1050.67
Current: 0.43

During the past 13 years, Meyer Burger Technology AG's highest Cash to Debt Ratio was 1050.67. The lowest was 0.41. And the median was 1.27.

XSWX:MBTN's Cash-to-Debt is ranked worse than
79.25% of 993 companies
in the Semiconductors industry
Industry Median: 1.76 vs XSWX:MBTN: 0.43

Meyer Burger Technology AG Cash-to-Debt Historical Data

The historical data trend for Meyer Burger Technology AG'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.

Meyer Burger Technology AG Cash-to-Debt Chart

Meyer Burger Technology AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.27

1,050.67

1.28

1.33

0.43

Meyer Burger Technology AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.28	No Debt	1.33	No Debt	0.43

Competitive Comparison of Meyer Burger Technology AG's Cash-to-Debt

For the Solar subindustry, Meyer Burger Technology AG'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.

Meyer Burger Technology AG's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meyer Burger Technology AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Meyer Burger Technology AG's Cash-to-Debt falls into.

Meyer Burger Technology AG 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.

Meyer Burger Technology AG'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)
	=	150.225	/	(21.314	+	326.189)
	=	0.43

Meyer Burger Technology AG'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)
	=	150.225	/	(21.314	+	326.189)
	=	0.43

Meyer Burger Technology AG (XSWX:MBTN) 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.

Meyer Burger Technology AG Cash-to-Debt Related Terms

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

Meyer Burger Technology AG (XSWX:MBTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Meyer Burger Technology AG (XSWX:MBTN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MBTNz:UK

Address

Schorenstrasse 39, Gwatt (Thun), CHE, CH-3645

Website

https://www.meyerburger.com

Meyer Burger Technology AG operates in the technology sector of Switzerland. Its business involves building equipment to produce solar cells, modules, and systems. Meyer's activities are divided into reportable segments, Photovoltaics, Specialized Technologies, Cells, and Modules. With its main focus on providing equipment for the solar industry, its proceeds come from the Photovoltaics segment. It covers the entire photovoltaic value chain comprising the processes involved in the conversion of sunlight into solar energy. In addition, the company also serves other markets such as optoelectronics and semiconductors, which are a part of its Specialized Technologies segment. Meyer sells its products world wide and derives a majority of its revenue from its Asian market.

Meyer Burger Technology AG (XSWX:MBTN) Headlines

No Headlines