Proto Labs (LTS:0KRR) Cash-to-Debt : 24.52 (As of Sep. 2024)

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What is Proto Labs 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. Proto Labs's cash to debt ratio for the quarter that ended in Sep. 2024 was 24.52.

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, Proto Labs could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

LTS:0KRR' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.75 Med: 18.79 Max: No Debt
Current: 24.52

During the past 13 years, Proto Labs's highest Cash to Debt Ratio was No Debt. The lowest was 3.75. And the median was 18.79.

LTS:0KRR's Cash-to-Debt is ranked better than
83.43% of 2994 companies
in the Industrial Products industry
Industry Median: 1.18 vs LTS:0KRR: 24.52

Proto Labs Cash-to-Debt Historical Data

The historical data trend for Proto Labs'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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Proto Labs Cash-to-Debt Chart

Proto Labs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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13.50

12.13

10.41

3.75

18.75

Proto Labs Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															5.03	18.75	22.14	25.20	24.52

Competitive Comparison of Proto Labs's Cash-to-Debt

For the Metal Fabrication subindustry, Proto Labs'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.

Proto Labs's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proto Labs's Cash-to-Debt distribution charts can be found below:

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

Proto Labs 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.

Proto Labs'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)
	=	102.803	/	(1.881	+	3.603)
	=	18.75

Proto Labs's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	100.511	/	(1.756	+	2.344)
	=	24.51

Proto Labs (LTS:0KRR) 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.

Proto Labs Cash-to-Debt Related Terms

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Proto Labs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proto Labs Inc (LTS:0KRR) » Definitions » Cash-to-Debt

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Address

5540 Pioneer Creek Drive, Maple Plain, MN, USA, 55359

Website

https://www.protolabs.com

Proto Labs Inc is an on-demand manufacturer of custom parts for prototyping and short-run production. The company offers developers and engineers quick-turn production services to reduce the time to market. Proto Labs uses injection molding, computer numerical control machining, and 3-D printing to manufacture custom parts for its clients. The company services clients' needs for prototype solutions, parts for testing procedures, bridge production capabilities during disruptions in manufacturing processes, limited-quantity requests, and end-of-life production support. The majority of its revenue is derived from the United States of America.

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