Hellenic Telecommunication Organization (ATH:HTO) Cash-to-Debt : 0.61 (As of Jun. 2024)

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What is Hellenic Telecommunication Organization 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. Hellenic Telecommunication Organization's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.61.

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, Hellenic Telecommunication Organization couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ATH:HTO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: 0.55 Max: 0.75
Current: 0.61

During the past 13 years, Hellenic Telecommunication Organization's highest Cash to Debt Ratio was 0.75. The lowest was 0.34. And the median was 0.55.

ATH:HTO's Cash-to-Debt is ranked better than
63.03% of 376 companies
in the Telecommunication Services industry
Industry Median: 0.28 vs ATH:HTO: 0.61

Hellenic Telecommunication Organization Cash-to-Debt Historical Data

The historical data trend for Hellenic Telecommunication Organization'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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Hellenic Telecommunication Organization Cash-to-Debt Chart

Hellenic Telecommunication Organization Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.50

0.34

0.45

0.43

Hellenic Telecommunication Organization Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.44	0.43	0.53	0.61

Competitive Comparison of Hellenic Telecommunication Organization's Cash-to-Debt

For the Telecom Services subindustry, Hellenic Telecommunication Organization'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.

Hellenic Telecommunication Organization's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hellenic Telecommunication Organization's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hellenic Telecommunication Organization's Cash-to-Debt falls into.

Hellenic Telecommunication Organization 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.

Hellenic Telecommunication Organization'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)
	=	469.5	/	(60.8	+	1032.6)
	=	0.43

Hellenic Telecommunication Organization's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	692.8	/	(104.4	+	1031.7)
	=	0.61

Hellenic Telecommunication Organization (ATH:HTO) 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.

Hellenic Telecommunication Organization Cash-to-Debt Related Terms

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

Hellenic Telecommunication Organization Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hellenic Telecommunication Organization SA (ATH:HTO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HLTOY:USA 0FIZ:UK OTE:Germany

Address

99 Kifissias Avenue, Marousi, GRC, 15124

Website

https://www.cosmote.gr

Hellenic Telecommunication Organization SA is a telecommunications company that offers Internet access services, TV services, broadband, fixed-line services, and mobile telecommunication. The reportable segments of the company are as follows: 1) OTE is a provider of fixed-line services, internet access services, ICT services, and TV services in Greece. 2) Cosmonote Group- Greece is a provider of mobile telecommunications, retail operations (shops), and customer services. 3) Telekom Romania Mobile is a provider of mobile telecommunications services in Romania. The majority of revenue earned by the company is from the OTE segment.

Hellenic Telecommunication Organization Headlines

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