EUXTF (Euronext NV) Cash-to-Debt : 80.95 (As of Sep. 2024)

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What is Euronext NV 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. Euronext NV's cash to debt ratio for the quarter that ended in Sep. 2024 was 80.95.

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, Euronext NV could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

EUXTF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 1.48 Max: 706
Current: 80.95

During the past 13 years, Euronext NV's highest Cash to Debt Ratio was 706.00. The lowest was 0.30. And the median was 1.48.

EUXTF's Cash-to-Debt is ranked better than
78.09% of 785 companies
in the Capital Markets industry
Industry Median: 2.38 vs EUXTF: 80.95

Euronext NV Cash-to-Debt Historical Data

The historical data trend for Euronext NV'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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Euronext NV Cash-to-Debt Chart

Euronext NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.36

0.54

44.27

54.29

59.60

Euronext NV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															59.67	59.60	N/A	65.05	80.95

Competitive Comparison of Euronext NV's Cash-to-Debt

For the Financial Data & Stock Exchanges subindustry, Euronext NV'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.

Euronext NV's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext NV's Cash-to-Debt distribution charts can be found below:

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

Euronext NV 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.

Euronext NV'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)
	=	202036.051	/	(43.015	+	3346.721)
	=	59.60

Euronext NV's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	278511.432	/	(584.018	+	2856.382)
	=	80.95

Euronext NV (OTCPK:EUXTF) 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.

Euronext NV Cash-to-Debt Related Terms

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Euronext NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Euronext NV (OTCPK:EUXTF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ERNXY:USA ENXp:UK 0QVJ:UK ENX:France ENXB:Germany

Address

Beursplein 5, Amsterdam, NLD, 1012 JW

Website

https://www.euronext.com

Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext's other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.