Birkenstock Holding (FRA:7PV) Cash-to-Debt : 0.12 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Birkenstock Holding 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. Birkenstock Holding's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.12.

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, Birkenstock Holding couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FRA:7PV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.13 Max: 0.44
Current: 0.12

During the past 4 years, Birkenstock Holding's highest Cash to Debt Ratio was 0.44. The lowest was 0.09. And the median was 0.13.

FRA:7PV's Cash-to-Debt is ranked worse than
75.29% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs FRA:7PV: 0.12

Birkenstock Holding Cash-to-Debt Historical Data

The historical data trend for Birkenstock Holding'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.

* Premium members only.

Birkenstock Holding Cash-to-Debt Chart

Birkenstock Holding Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

0.44

0.12

0.15

0.18

Birkenstock Holding Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial						0.09	0.15	0.18	0.12	0.12

Competitive Comparison of Birkenstock Holding's Cash-to-Debt

For the Footwear & Accessories subindustry, Birkenstock Holding'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.

Birkenstock Holding's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Birkenstock Holding's Cash-to-Debt distribution charts can be found below:

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

Birkenstock Holding 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.

Birkenstock Holding's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	354.059	/	(64.352	+	1918.743)
	=	0.18

Birkenstock Holding's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	175.728	/	(63.241	+	1437.966)
	=	0.12

Birkenstock Holding (FRA:7PV) 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.

Birkenstock Holding Cash-to-Debt Related Terms

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

Birkenstock Holding (FRA:7PV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (FRA:7PV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BIRK:USA

Address

1-2 Berkeley Square, London, GBR, W1J 6EA

Website

https://www.birkenstock-holding.com

Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Birkenstock Holding (FRA:7PV) Headlines

No Headlines