Knowit AB (LTS:0GNK) Cash-to-Debt : 0.39 (As of Dec. 2024)

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What is Knowit AB 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. Knowit AB's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.39.

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, Knowit AB couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

LTS:0GNK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.67 Max: 5.81
Current: 0.39

During the past 13 years, Knowit AB's highest Cash to Debt Ratio was 5.81. The lowest was 0.03. And the median was 0.67.

LTS:0GNK's Cash-to-Debt is ranked worse than
78.94% of 2802 companies
in the Software industry
Industry Median: 2.665 vs LTS:0GNK: 0.39

Knowit AB Cash-to-Debt Historical Data

The historical data trend for Knowit AB'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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Knowit AB Cash-to-Debt Chart

Knowit AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.12

0.95

0.31

0.12

0.39

Knowit AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.18	0.13	0.31	0.39

Competitive Comparison of Knowit AB's Cash-to-Debt

For the Information Technology Services subindustry, Knowit AB'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.

Knowit AB's Cash-to-Debt Distribution in the Software Industry

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

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

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Knowit AB 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.

Knowit AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 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)
	=	397.818	/	(157.696	+	853.218)
	=	0.39

Knowit AB's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
	=	397.818	/	(157.696	+	853.218)
	=	0.39

Knowit AB (LTS:0GNK) 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.

Knowit AB Cash-to-Debt Related Terms

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Knowit AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Knowit AB (LTS:0GNK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KNOW:Sweden KOW:Germany

Address

Klarabergsgatan 60, Box 3383, Stockholm, SWE, 10368

Website

http://www.knowit.se

Knowit AB is a Nordic consultancy, operating three divisions: IT and system development; Customer experience technology and communications; Management consultancy. The company has about 2200 employees in 20 locations in Sweden, Norway, Denmark, Finland and Germany. Knowit provides services towards most industries, both public and private sector. Knowit AB (Publ) was founded in 1990 and is headquartered in Stockholm, Sweden.

Knowit AB Headlines

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