First Sensor AG (LTS:0G0X) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is First Sensor 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. First Sensor 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, First Sensor 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 First Sensor AG's Cash-to-Debt or its related term are showing as below:

LTS:0G0X' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.53 Max: No Debt
Current: 10.31

During the past 13 years, First Sensor AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.19. And the median was 0.53.

LTS:0G0X's Cash-to-Debt is ranked better than
74.37% of 995 companies
in the Semiconductors industry
Industry Median: 1.78 vs LTS:0G0X: 10.31

First Sensor AG Cash-to-Debt Historical Data

The historical data trend for First Sensor 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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First Sensor AG Cash-to-Debt Chart

First Sensor AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Sep22

Sep23

Cash-to-Debt

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0.59

0.58

2.08

2.28

2.57

First Sensor 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															No Debt	No Debt	2.57	12.22	No Debt

Competitive Comparison of First Sensor AG's Cash-to-Debt

For the Semiconductor Equipment & Materials subindustry, First Sensor 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.

First Sensor AG's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, First Sensor AG's Cash-to-Debt distribution charts can be found below:

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

First Sensor 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.

First Sensor AG's Cash to Debt Ratio for the fiscal year 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)
	=	30.989	/	(4.541	+	7.517)
	=	2.57

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

First Sensor AG had no debt ⁽¹⁾.

First Sensor AG (LTS:0G0X) 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.

First Sensor AG Cash-to-Debt Related Terms

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First Sensor AG (LTS:0G0X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » First Sensor AG (LTS:0G0X) » Definitions » Cash-to-Debt

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SIS:Germany

Address

Peter-Behrens-Strasse 15, Berlin, BB, DEU, 12459

Website

https://www.first-sensor.com

First Sensor AG is a Germany-based company. It operates in the sensor production and microsystems technology industries. The company's business focuses mainly on the development, manufacture, and distribution of customer-specific optical and non-optical semiconductor sensors and sensor systems. It also develops and manufactures customized hybrid circuits and products for microsystem engineering and advanced packaging. Its product portfolio consists of optical sensors, radiation sensors, pressure sensors, level sensors, flow sensors, inertial sensors, cameras, and other products.

First Sensor AG (LTS:0G0X) Headlines

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First Sensor AG (LTS:0G0X) Cash-to-Debt : No Debt (1) (As of Mar. 2024)