Deutsche Balaton AG (HAM:BBHK) Cash-to-Debt : 2.46 (As of Dec. 2023)

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What is Deutsche Balaton 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. Deutsche Balaton AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.46.

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, Deutsche Balaton AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HAM:BBHK's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.6
* Ranked among companies with meaningful Cash-to-Debt only.

Deutsche Balaton AG Cash-to-Debt Historical Data

The historical data trend for Deutsche Balaton 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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Deutsche Balaton AG Cash-to-Debt Chart

Deutsche Balaton AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.58

1.50

1.53

1.43

2.46

Deutsche Balaton AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1,584.72	1.53	817.55	1.43	2.46

Competitive Comparison of Deutsche Balaton AG's Cash-to-Debt

For the Information Technology Services subindustry, Deutsche Balaton 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.

Deutsche Balaton AG's Cash-to-Debt Distribution in the Software Industry

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

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

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Deutsche Balaton 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.

Deutsche Balaton 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)
	=	84.55	/	(34.209	+	0.231)
	=	2.45

Deutsche Balaton AG's Cash to Debt Ratio for the quarter 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)
	=	84.55	/	(34.209	+	0.231)
	=	2.45

Deutsche Balaton AG (HAM:BBHK) 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.

Deutsche Balaton AG Cash-to-Debt Related Terms

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Deutsche Balaton AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Deutsche Balaton AG (HAM:BBHK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ziegelhaeuser Landstrasse 1, HEIDELBERG, DEU

Website

http://www.deutsche-balaton.de

Deutsche Balaton AG is an investment company. The company's activities were divided into the segments Asset Management and Beta Systems. The Asset management segment focus of the investment activities of the Deutsche Balaton Group in the reporting period is on listed and unlisted company investments with a predominantly medium to long-term investment horizon, and The Beta Systems segment has been developing high-quality software products and solutions for the secure and efficient processing of large amounts of data, which support companies with complex IT structures in automating, securing and traceable their IT-supported business processes, and the company generated majority of its revenue from the Beta Systems segment.

Deutsche Balaton AG Headlines

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