Stora Enso Oyj (Stora Enso Oyj) Cash-to-Debt : 0.47 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Stora Enso Oyj 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. Stora Enso Oyj's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.47.

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, Stora Enso Oyj 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 Stora Enso Oyj's Cash-to-Debt or its related term are showing as below:

SEOAY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.33 Max: 0.49
Current: 0.47

During the past 13 years, Stora Enso Oyj's highest Cash to Debt Ratio was 0.49. The lowest was 0.20. And the median was 0.33.

SEOAY's Cash-to-Debt is ranked better than
57.19% of 285 companies
in the Forest Products industry
Industry Median: 0.33 vs SEOAY: 0.47

Stora Enso Oyj Cash-to-Debt Historical Data

The historical data trend for Stora Enso Oyj'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.

Stora Enso Oyj Cash-to-Debt Chart

Stora Enso Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.21

0.35

0.40

0.49

0.47

Stora Enso Oyj 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															0.49	0.29	0.39	0.39	0.47

Competitive Comparison of Stora Enso Oyj's Cash-to-Debt

For the Paper & Paper Products subindustry, Stora Enso Oyj'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.

Stora Enso Oyj's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Stora Enso Oyj's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Stora Enso Oyj's Cash-to-Debt falls into.

Stora Enso Oyj 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.

Stora Enso Oyj'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)
	=	2687.023	/	(824.427	+	4847.328)
	=	0.47

Stora Enso Oyj'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)
	=	2687.023	/	(824.427	+	4847.328)
	=	0.47

Stora Enso Oyj (OTCPK:SEOAY) 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.

Stora Enso Oyj Cash-to-Debt Related Terms

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

Stora Enso Oyj (Stora Enso Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Stora Enso Oyj (OTCPK:SEOAY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SEOJF:USA STE R:Sweden STE A:Sweden STERVh:UK 0KCK:UK 0CXC:UK STERV:Finland STEAV:Finland ENUR:Germany

Address

P.O. Box 309, Helsinki, FIN, FI-00101

Website

https://www.storaenso.com

Stora Enso Oyj company develops and produces solutions based on wood and biomass for a range of industries and applications worldwide, leading in the bioeconomy. Its operating segments are Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and others. The Packaging Solutions division develops and sells premium fiber-based packaging products and services. Its high-end eco-friendly packaging products are used by leading brands across multiple market sectors, including the retail, e-commerce, and industrial sectors. Key revenue is generated from the Packaging Solutions segment.