Naturland Holding Zrt (BUD:NATURLAND) Cash-to-Debt : 3.56 (As of Dec. 2023)

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What is Naturland Holding Zrt 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. Naturland Holding Zrt's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.56.

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, Naturland Holding Zrt 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 Naturland Holding Zrt's Cash-to-Debt or its related term are showing as below:

BUD:NATURLAND' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.28 Med: 3.5 Max: No Debt
Current: 3.56

During the past 4 years, Naturland Holding Zrt's highest Cash to Debt Ratio was No Debt. The lowest was 2.28. And the median was 3.50.

BUD:NATURLAND's Cash-to-Debt is ranked better than
67.81% of 1050 companies
in the Drug Manufacturers industry
Industry Median: 0.94 vs BUD:NATURLAND: 3.56

Naturland Holding Zrt Cash-to-Debt Historical Data

The historical data trend for Naturland Holding Zrt'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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Naturland Holding Zrt Cash-to-Debt Chart

Naturland Holding Zrt Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

3.44

2.28

3.56

Naturland Holding Zrt Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			3.44	N/A	2.28	0.84	3.56

Competitive Comparison of Naturland Holding Zrt's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Naturland Holding Zrt'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.

Naturland Holding Zrt's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Naturland Holding Zrt's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Naturland Holding Zrt's Cash-to-Debt falls into.

Naturland Holding Zrt 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.

Naturland Holding Zrt'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)
	=	663.888	/	(26.801	+	159.904)
	=	3.56

Naturland Holding Zrt'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)
	=	663.888	/	(26.801	+	159.904)
	=	3.56

Naturland Holding Zrt (BUD:NATURLAND) 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.

Naturland Holding Zrt Cash-to-Debt Related Terms

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Naturland Holding Zrt (BUD:NATURLAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Naturland Holding Zrt (BUD:NATURLAND) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Csillagvirag utca 8, Budapest, HUN, 1106

Website

https://www.naturlandholding.hu

Naturland Holding Zrt thro9ugh its subsidiaries engage in the production of pharmaceutical products. It engages in the development, production, and wholesale of dietary supplements and cosmetics, herbal medicine, teas, and essential oils. The firm offers tablets, suppositories, ointments, and ophthalmic base solutions.

Naturland Holding Zrt (BUD:NATURLAND) Headlines

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