Nilorngruppen AB (FRA:1GG) Cash-to-Debt : 1.24 (As of Dec. 2024)

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What is Nilorngruppen AB 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. Nilorngruppen AB's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.24.

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, Nilorngruppen AB could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

FRA:1GG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 1.19 Max: 1.54
Current: 1.24

During the past 13 years, Nilorngruppen AB's highest Cash to Debt Ratio was 1.54. The lowest was 0.27. And the median was 1.19.

FRA:1GG's Cash-to-Debt is ranked better than
67.35% of 389 companies
in the Packaging & Containers industry
Industry Median: 0.4 vs FRA:1GG: 1.24

Nilorngruppen AB Cash-to-Debt Historical Data

The historical data trend for Nilorngruppen AB'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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Nilorngruppen AB Cash-to-Debt Chart

Nilorngruppen AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.83

1.54

1.18

0.94

1.24

Nilorngruppen AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.94	0.87	1.04	1.11	1.24

Competitive Comparison of Nilorngruppen AB's Cash-to-Debt

For the Packaging & Containers subindustry, Nilorngruppen AB'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.

Nilorngruppen AB's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Nilorngruppen AB's Cash-to-Debt distribution charts can be found below:

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

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Nilorngruppen AB 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.

Nilorngruppen AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	8.764	/	(5.078	+	2.013)
	=	1.24

Nilorngruppen AB's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	8.764	/	(5.078	+	2.013)
	=	1.24

Nilorngruppen AB (FRA:1GG) 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.

Nilorngruppen AB Cash-to-Debt Related Terms

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

Nilorngruppen AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Nilorngruppen AB (FRA:1GG) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

NIL B:Sweden 0GB5:UK

Address

Wieslanders vag 3, Box 499, Boras, SWE, 501 13

Website

https://www.nilorn.com

Nilorngruppen AB is a Sweden-based company engaged in the branding, designing, manufacturing, and sale of labels, packaging products, and accessories for clients in the fashion and apparel sector. Its product portfolio consists of Trims, Packaging, and Information labels. Its revenue comes from the information Labels labels product range includes woven labels, printed textile labels, printed hanging labels, and flossed labels. Geographically, the segments of the company are the Nordic region, Other Europe, and Asia, of which key revenue is derived from the operations in the Asian countries. The company has a business presence in Sweden, Norway, Finland, Denmark, Germany, Belgium, Italy, Switzerland, France, India, Bangladesh, China, and Pakistan.

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