Ahlers AG (FRA:AAH) Cash-to-Debt : 1.52 (As of May. 2023)

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What is Ahlers 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. Ahlers AG's cash to debt ratio for the quarter that ended in May. 2023 was 1.52.

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, Ahlers AG could pay off its debt using the cash in hand for the quarter that ended in May. 2023.

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

FRA:AAH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.29 Max: 1.52
Current: 1.52

During the past 13 years, Ahlers AG's highest Cash to Debt Ratio was 1.52. The lowest was 0.07. And the median was 0.29.

FRA:AAH's Cash-to-Debt is ranked better than
70.59% of 1037 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs FRA:AAH: 1.52

Ahlers AG Cash-to-Debt Historical Data

The historical data trend for Ahlers 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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Ahlers AG Cash-to-Debt Chart

Ahlers AG Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Cash-to-Debt

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0.14

0.49

0.10

0.18

0.07

Ahlers AG Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Cash-to-Debt	Get a 7-Day Free Trial															0.60	0.18	0.85	0.07	1.52

Competitive Comparison of Ahlers AG's Cash-to-Debt

For the Apparel Manufacturing subindustry, Ahlers 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.

Ahlers AG's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Ahlers 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.

Ahlers AG's Cash to Debt Ratio for the fiscal year that ended in Nov. 2022 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)
	=	3.607	/	(23.414	+	29.803)
	=	0.07

Ahlers AG's Cash to Debt Ratio for the quarter that ended in May. 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)
	=	10.991	/	(2.778	+	4.475)
	=	1.52

Ahlers AG (FRA:AAH) 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.

Ahlers AG Cash-to-Debt Related Terms

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Ahlers AG (FRA:AAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ahlers AG (FRA:AAH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AAH:Germany

Address

Elverdisser Strasse 313, Herford, NW, DEU, 32052

Website

https://www.ahlers-ag.com

Ahlers AG is a manufacturer of men's apparel. Ahlers operates in two segments namely Premium brands and Jeans and Workwear. Its brand profile includes Otto Kern, Baldessarini, Pierre Cardin, Pioneer Jeans, and others. The firm has its geographical footprints in Germany, Western Europe, Central/ Eastern Europe, and others. It generates a majority of its revenue from the Premium Brands segment.

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