Clere AG (HAM:CAG0) Cash-to-Debt : 0.08 (As of Dec. 2022)

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What is Clere 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. Clere AG's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.08.

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, Clere AG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

HAM:CAG0' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 1.31 Max: No Debt
Current: 0.08

During the past 13 years, Clere AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 1.31.

HAM:CAG0's Cash-to-Debt is ranked worse than
75.35% of 434 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs HAM:CAG0: 0.08

Clere AG Cash-to-Debt Historical Data

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

Clere AG Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.40

0.09

0.13

0.08

Clere AG Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Jun13	Jun14	Jun15	Jun16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash-to-Debt	Get a 7-Day Free Trial															0.40	0.09	0.13	0.08	0.08

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

For the Utilities - Renewable subindustry, Clere 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.

Clere AG's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clere AG's Cash-to-Debt distribution charts can be found below:

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

Clere 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.

Clere 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)
	=	12.423	/	(14.403	+	136.426)
	=	0.08

Clere AG's Cash to Debt Ratio for the quarter 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)
	=	12.423	/	(14.403	+	136.426)
	=	0.08

Clere AG (HAM:CAG0) 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.

Clere AG Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Clere AG's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Clere AG (HAM:CAG0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Clere AG (HAM:CAG0) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Schlüterstr. 45, Berlin, DEU, 10707

Website

http://www.clere.de

Clere AG is a Canadian investment company. It is engaged in investments and participation in the field of environment and power engineering. The company provides finance to medium-sized companies and invests in renewable energy production projects.

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