Andritz AG (Andritz AG) Cash-to-Debt : 1.55 (As of Dec. 2023)

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What is Andritz 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. Andritz AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.55.

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, Andritz AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ADRZF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.84 Med: 1.56 Max: 2.81
Current: 1.55

During the past 13 years, Andritz AG's highest Cash to Debt Ratio was 2.81. The lowest was 0.84. And the median was 1.56.

ADRZF's Cash-to-Debt is ranked better than
67.61% of 142 companies
in the Industrial Distribution industry
Industry Median: 0.53 vs ADRZF: 1.55

Andritz AG Cash-to-Debt Historical Data

The historical data trend for Andritz 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.

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Andritz AG Cash-to-Debt Chart

Andritz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.93

1.07

1.29

1.58

1.55

Andritz AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.58	1.51	1.29	1.39	1.55

Competitive Comparison of Andritz AG's Cash-to-Debt

For the Industrial Distribution subindustry, Andritz 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.

Andritz AG's Cash-to-Debt Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Andritz AG's Cash-to-Debt distribution charts can be found below:

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

Andritz 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.

Andritz 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)
	=	1932.606	/	(521.047	+	724.973)
	=	1.55

Andritz 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)
	=	1932.606	/	(521.047	+	724.973)
	=	1.55

Andritz AG (OTCPK:ADRZF) 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.

Andritz AG Cash-to-Debt Related Terms

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Andritz AG (Andritz AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Andritz AG (OTCPK:ADRZF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ADRZY:USA 0MJZ:UK AZ2:Germany ANDR:Czech Republic ANDR:Austria

Address

Stattegger Strasse 18, Graz, AUT, 8045

Website

https://www.andritz.com

Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.

Andritz AG (Andritz AG) Headlines

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