Metabolic Nordic AB (publ) (FRA:6XF) Cash-to-Debt : 0.08 (As of Jun. 2024)

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What is Metabolic Nordic AB (publ) 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. Metabolic Nordic AB (publ)'s cash to debt ratio for the quarter that ended in Jun. 2024 was 0.08.

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, Metabolic Nordic AB (publ) 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 Metabolic Nordic AB (publ)'s Cash-to-Debt or its related term are showing as below:

FRA:6XF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.98 Max: 2.64
Current: 0.08

During the past 5 years, Metabolic Nordic AB (publ)'s highest Cash to Debt Ratio was 2.64. The lowest was 0.03. And the median was 0.98.

FRA:6XF's Cash-to-Debt is not ranked
in the Software industry.
Industry Median: 2.665 vs FRA:6XF: 0.08

Metabolic Nordic AB (publ) Cash-to-Debt Historical Data

The historical data trend for Metabolic Nordic AB (publ)'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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Metabolic Nordic AB (publ) Cash-to-Debt Chart

Metabolic Nordic AB (publ) Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.03

0.19

1.41

0.34

0.07

Metabolic Nordic AB (publ) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial														0.50	0.41	0.07	0.96	0.08

Competitive Comparison of Metabolic Nordic AB (publ)'s Cash-to-Debt

For the Software - Application subindustry, Metabolic Nordic AB (publ)'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.

Metabolic Nordic AB (publ)'s Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Metabolic Nordic AB (publ)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Metabolic Nordic AB (publ)'s Cash-to-Debt falls into.

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Metabolic Nordic AB (publ) 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.

Metabolic Nordic AB (publ)'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)
	=	0.023	/	(0.1	+	0.25)
	=	0.07

Metabolic Nordic AB (publ)'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)
	=	0.027	/	(0.153	+	0.176)
	=	0.08

Metabolic Nordic AB (publ) (FRA:6XF) 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.

Metabolic Nordic AB (publ) Cash-to-Debt Related Terms

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Metabolic Nordic AB (publ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Metabolic Nordic AB (publ) (FRA:6XF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Djaknegatan 9, Malmo, SWE, 211 35

Website

https://www.twiik.me

Metabolic Nordic AB (publ) is a Malmo based innovation company in the wellness and health sector. The company develops consumer solutions and concepts for metabolic health and sustainable lifestyle changes.

Metabolic Nordic AB (publ) Headlines

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