Emak SpA (FRA:EK4) Cash-to-Debt : 0.25 (As of Sep. 2024)

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What is Emak SpA 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. Emak SpA's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.25.

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, Emak SpA couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

FRA:EK4' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.33 Max: 0.45
Current: 0.34

During the past 13 years, Emak SpA's highest Cash to Debt Ratio was 0.45. The lowest was 0.27. And the median was 0.33.

FRA:EK4's Cash-to-Debt is ranked worse than
75.87% of 2996 companies
in the Industrial Products industry
Industry Median: 1.23 vs FRA:EK4: 0.34

Emak SpA Cash-to-Debt Historical Data

The historical data trend for Emak SpA'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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Emak SpA Cash-to-Debt Chart

Emak SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.45

0.38

0.34

0.29

0.34

Emak SpA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.29	1.79	0.29	0.25	0.34

Competitive Comparison of Emak SpA's Cash-to-Debt

For the Tools & Accessories subindustry, Emak SpA'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.

Emak SpA's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emak SpA's Cash-to-Debt distribution charts can be found below:

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

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Emak SpA 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.

Emak SpA's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	69.212	/	(8.632	+	196.813)
	=	0.34

Emak SpA's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	70.267	/	(89.916	+	196.271)
	=	0.25

Emak SpA (FRA:EK4) 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.

Emak SpA Cash-to-Debt Related Terms

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Emak SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Emak SpA (FRA:EK4) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EM:Italy 0N9O:UK

Address

Via E. Fermi, 4, Bagnolo in Piano, Reggio Emilia, ITA, 42011

Website

http://www.emak.it

Emak SpA is engaged in the manufacturing and distribution of machines, parts, and accessories for gardening, forestry, agriculture, and industry. It operates through the following segments: Outdoor Power Equipment; Pumps and High Pressure Water Jetting and Components and Accessories. Its products include Oleo-Mac, Efco, Bertolini, Nibbi, Staub, Tecomec, Geoline, Mecline, Comet and HPP. The company, along with its subsidiaries distributes to the Italian market and in other 10 markets such as the United States of America, France, Germany, U.K., Spain, Poland, Ukraine, China, South Africa and Brazil. The raw materials used in the production are copper, steel, aluminum and plastic materials.

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