11 88 0 Solutions AG (HAM:TGT) Cash-to-Debt : 0.37 (As of Sep. 2023)

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What is 11 88 0 Solutions 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. 11 88 0 Solutions AG's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.37.

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, 11 88 0 Solutions AG couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for 11 88 0 Solutions AG's Cash-to-Debt or its related term are showing as below:

HAM:TGT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: No Debt Max: No Debt
Current: 0.37

During the past 13 years, 11 88 0 Solutions AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was No Debt.

HAM:TGT's Cash-to-Debt is ranked better than
51.31% of 382 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs HAM:TGT: 0.37

11 88 0 Solutions AG Cash-to-Debt Historical Data

The historical data trend for 11 88 0 Solutions 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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11 88 0 Solutions AG Cash-to-Debt Chart

11 88 0 Solutions AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.75

0.54

0.32

11 88 0 Solutions AG Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.29	0.17	0.25	0.30	0.37

Competitive Comparison of 11 88 0 Solutions AG's Cash-to-Debt

For the Telecom Services subindustry, 11 88 0 Solutions 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.

11 88 0 Solutions AG's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, 11 88 0 Solutions AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where 11 88 0 Solutions AG's Cash-to-Debt falls into.

11 88 0 Solutions 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.

11 88 0 Solutions AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	1.901	/	(1.702	+	4.208)
	=	0.32

11 88 0 Solutions AG's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1.344	/	(1.403	+	2.187)
	=	0.37

11 88 0 Solutions AG (HAM:TGT) 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.

11 88 0 Solutions AG Cash-to-Debt Related Terms

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11 88 0 Solutions AG (HAM:TGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » 11 88 0 Solutions AG (HAM:TGT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TGT:Germany

Address

Hohenzollernstrasse 24, Essen, NW, DEU, 45128

Website

https://www.11880.com

11 88 0 Solutions AG is telecom service company based in Germany. The company has business segments that are Directory Assistance and Digital. The Directory Assistance segment provides services related to inquiries made at by phone for information regarding of phone numbers, pre-dial numbers and addresses while the Digital segment receives revenue from advertisements on the company's platforms and websites. The Digital segment also includes the software solutions business, which comprises digital telephone books and yellow pages on CDROM and as intranet and database solutions. The company's product line includes online marketing and various tools to analyze data. The Digital segment generates maximum revenue for the company.