Bang & Olufsen AS (FRA:BUOB) Cash-to-Debt : 0.89 (As of Aug. 2024)

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What is Bang & Olufsen AS 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. Bang & Olufsen AS's cash to debt ratio for the quarter that ended in Aug. 2024 was 0.89.

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, Bang & Olufsen AS couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2024.

The historical rank and industry rank for Bang & Olufsen AS's Cash-to-Debt or its related term are showing as below:

FRA:BUOB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 2.25 Max: 6.83
Current: 0.89

During the past 13 years, Bang & Olufsen AS's highest Cash to Debt Ratio was 6.83. The lowest was 0.27. And the median was 2.25.

FRA:BUOB's Cash-to-Debt is ranked worse than
57.75% of 2459 companies
in the Hardware industry
Industry Median: 1.29 vs FRA:BUOB: 0.89

Bang & Olufsen AS Cash-to-Debt Historical Data

The historical data trend for Bang & Olufsen AS'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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Bang & Olufsen AS Cash-to-Debt Chart

Bang & Olufsen AS Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Cash-to-Debt

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0.87

2.71

1.22

1.03

0.94

Bang & Olufsen AS Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial															0.92	0.94	0.96	0.94	0.89

Competitive Comparison of Bang & Olufsen AS's Cash-to-Debt

For the Consumer Electronics subindustry, Bang & Olufsen AS'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.

Bang & Olufsen AS's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bang & Olufsen AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen AS's Cash-to-Debt falls into.

Bang & Olufsen AS 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.

Bang & Olufsen AS's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	75.735	/	(57.505	+	22.788)
	=	0.94

Bang & Olufsen AS's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	69.52	/	(57.33	+	21.164)
	=	0.89

Bang & Olufsen AS (FRA:BUOB) 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.

Bang & Olufsen AS Cash-to-Debt Related Terms

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

Bang & Olufsen AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bang & Olufsen AS (FRA:BUOB) » Definitions » Cash-to-Debt

Traded in Other Exchanges

BGOUF:USA 0MRM:UK BO:Denmark

Address

Bang og Olufsen Alle 1, Struer, DNK, DK-7600

Website

http://www.bang-olufsen.com

Bang & Olufsen AS designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from EMEA, Followed by Americas, and APAC. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

Bang & Olufsen AS Headlines

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