Erlebnis Akademie AG (FRA:EAD) Cash-to-Debt : 0.15 (As of Sep. 2023)

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What is Erlebnis Akademie 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. Erlebnis Akademie AG's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.15.

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, Erlebnis Akademie AG couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

FRA:EAD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.31 Max: No Debt
Current: 0.15

During the past 9 years, Erlebnis Akademie AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.31.

FRA:EAD's Cash-to-Debt is ranked worse than
72.67% of 816 companies
in the Travel & Leisure industry
Industry Median: 0.595 vs FRA:EAD: 0.15

Erlebnis Akademie AG Cash-to-Debt Historical Data

The historical data trend for Erlebnis Akademie 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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Erlebnis Akademie AG Cash-to-Debt Chart

Erlebnis Akademie AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.32

0.35

0.31

0.26

0.08

Erlebnis Akademie AG Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Jun18	Sep18	Dec18	Sep19	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.15	0.08	0.06	0.15

Competitive Comparison of Erlebnis Akademie AG's Cash-to-Debt

For the Leisure subindustry, Erlebnis Akademie 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.

Erlebnis Akademie AG's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Erlebnis Akademie AG's Cash-to-Debt distribution charts can be found below:

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

Erlebnis Akademie 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.

Erlebnis Akademie AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	2.537	/	(5.392	+	28.231)
	=	0.08

Erlebnis Akademie AG's Cash to Debt Ratio for the quarter 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)
	=	4.372	/	(0	+	30.016)
	=	0.15

Erlebnis Akademie AG (FRA:EAD) 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.

Erlebnis Akademie AG Cash-to-Debt Related Terms

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