Rational AG (FRA:RAA1) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Rational 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. Rational AG's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, Rational AG could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

FRA:RAA1' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.09 Med: 17.15 Max: No Debt
Current: 15.13

During the past 13 years, Rational AG's highest Cash to Debt Ratio was No Debt. The lowest was 3.09. And the median was 17.15.

FRA:RAA1's Cash-to-Debt is ranked better than
79.76% of 2999 companies
in the Industrial Products industry
Industry Median: 1.18 vs FRA:RAA1: 15.13

Rational AG Cash-to-Debt Historical Data

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

Rational AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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10.42

11.05

16.84

17.46

13.94

Rational AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															381.55	592.20	1,503.70	13.94	No Debt

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

For the Specialty Industrial Machinery subindustry, Rational 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.

Rational AG's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Rational 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.

Rational AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	391.278	/	(8.497	+	19.581)
	=	13.94

Rational AG's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Rational AG had no debt ⁽¹⁾.

Rational AG (FRA:RAA1) 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.

Rational AG Cash-to-Debt Related Terms

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Rational AG (FRA:RAA1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rational AG (FRA:RAA1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RTLLF:USA RATIY:USA RAAd:UK 0FRJ:UK RAA:Germany

Address

Siegfried-Meister-Strasse 1, Landsberg am Lech, BY, DEU, 86899

Website

https://www.rational-online.com

Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 140 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.

Rational AG (FRA:RAA1) Headlines

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Rational AG (FRA:RAA1) Cash-to-Debt : No Debt (1) (As of Mar. 2024)