Inficon Holding AG (CHIX:IFCNZ) Cash-to-Debt : 1.78 (As of Dec. 2023)

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What is Inficon Holding 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. Inficon Holding AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.78.

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

CHIX:IFCNz' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.06 Med: No Debt Max: No Debt
Current: 1.78

During the past 13 years, Inficon Holding AG's highest Cash to Debt Ratio was No Debt. The lowest was 1.06. And the median was No Debt.

CHIX:IFCNz's Cash-to-Debt is ranked better than
55.88% of 2473 companies
in the Hardware industry
Industry Median: 1.35 vs CHIX:IFCNz: 1.78

Inficon Holding AG Cash-to-Debt Historical Data

The historical data trend for Inficon Holding 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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Inficon Holding AG Cash-to-Debt Chart

Inficon Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

6.82

1.06

1.78

Inficon Holding AG Quarterly 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															6.82	No Debt	1.06	No Debt	1.78

Competitive Comparison of Inficon Holding AG's Cash-to-Debt

For the Scientific & Technical Instruments subindustry, Inficon Holding 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.

Inficon Holding AG's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Inficon Holding AG's Cash-to-Debt distribution charts can be found below:

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

Inficon Holding 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.

Inficon Holding 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)
	=	87.878	/	(49.48	+	0)
	=	1.78

Inficon Holding 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)
	=	87.878	/	(49.48	+	0)
	=	1.78

Inficon Holding AG (CHIX:IFCNz) 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.

Inficon Holding AG Cash-to-Debt Related Terms

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Inficon Holding AG (CHIX:IFCNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inficon Holding AG (CHIX:IFCNz) » Definitions » Cash-to-Debt

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IFCN:Switzerland

Address

Hintergasse 15 B, Bad Ragaz, CHE, CH-7310

Website

https://www.inficon.com

Inficon Holding AG operates in the technology sector in Switzerland. It caters to the scientific equipment industry by offering products that find their use in various industrial applications such as air conditioning, automotive manufacturing, manufacture of LEDs, semiconductors, and optical and solar devices. Its main products are leak detectors and gauges which help reduce the harmful effects of gases on the environment and reduce energy consumption. The other products in its portfolio comprise of chemical detectors, electron beam gun control, mass spectrometers, gas concentration monitors, vacuum gauge controllers and cables, and vacuum transmitters. The Asia Pacific region accounts for most of the company's product sales.

Inficon Holding AG (CHIX:IFCNZ) Headlines

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