Performance One AG (FRA:PO1) Cash-to-Debt : 0.29 (As of Jun. 2023)

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What is Performance One 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. Performance One AG's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.29.

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, Performance One AG couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

FRA:PO1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.88 Max: 8.2
Current: 0.29

During the past 5 years, Performance One AG's highest Cash to Debt Ratio was 8.20. The lowest was 0.12. And the median was 0.88.

FRA:PO1's Cash-to-Debt is ranked worse than
82.18% of 2766 companies
in the Software industry
Industry Median: 2.51 vs FRA:PO1: 0.29

Performance One AG Cash-to-Debt Historical Data

The historical data trend for Performance One 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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Performance One AG Cash-to-Debt Chart

Performance One AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

4.09

8.20

2.45

0.38

0.35

Performance One AG Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial				1.38	0.38	0.12	0.35	0.29

Competitive Comparison of Performance One AG's Cash-to-Debt

For the Software - Application subindustry, Performance One 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.

Performance One AG's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Performance One AG's Cash-to-Debt distribution charts can be found below:

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

Performance One 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.

Performance One 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)
	=	0.65	/	(0.223	+	1.644)
	=	0.35

Performance One AG's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.516	/	(0.32	+	1.488)
	=	0.29

Performance One AG (FRA:PO1) 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.

Performance One AG Cash-to-Debt Related Terms

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Performance One AG (FRA:PO1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Performance One AG (FRA:PO1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PO1:Germany

Address

S6, 35, Mannheim, DEU, D-68161

Website

https://www.performance.one

Performance One AG is a digital solution provider that assists in marketing and sales strategy fit for the digital era. The company uses data and AI expertise to develop and implement its disruptive products and business models. These currently include the scalable business intelligence software "Bignite" and the AI-supported psychological online platform "couch.now".

Performance One AG (FRA:PO1) Headlines

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