Manitou BF (LTS:0NDA) Cash-to-Debt : 0.12 (As of Dec. 2023)

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What is Manitou BF 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. Manitou BF's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.12.

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, Manitou BF couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LTS:0NDA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.28 Max: 1
Current: 0.12

During the past 13 years, Manitou BF's highest Cash to Debt Ratio was 1.00. The lowest was 0.11. And the median was 0.28.

LTS:0NDA's Cash-to-Debt is ranked worse than
83.09% of 207 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.58 vs LTS:0NDA: 0.12

Manitou BF Cash-to-Debt Historical Data

The historical data trend for Manitou BF'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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Manitou BF Cash-to-Debt Chart

Manitou BF Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.11

0.69

1.00

0.20

0.12

Manitou BF Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.00	0.42	0.20	1.27	0.12

Competitive Comparison of Manitou BF's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Manitou BF'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.

Manitou BF's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitou BF's Cash-to-Debt distribution charts can be found below:

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

Manitou BF 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.

Manitou BF'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)
	=	54.165	/	(304.808	+	165.484)
	=	0.12

Manitou BF's Cash to Debt Ratio for the quarter 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)
	=	54.165	/	(304.808	+	165.484)
	=	0.12

Manitou BF (LTS:0NDA) 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.

Manitou BF Cash-to-Debt Related Terms

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Manitou BF (LTS:0NDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Manitou BF SA (LTS:0NDA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MTU:France 3MU:Germany

Address

430, rue de l'Aubiniere, Ancenis, FRA, 44158

Website

http://www.manitou-group.com

Manitou BF SA is an industrial equipment manufacturer based in France. It is one of the companies in developing all-terrain material handling equipment meant for construction, agricultural and industrial usage. Manitou's product mix is comprised of fixed, rotating and heavyweight all-terrain telescopic forklift-trucks, semi-industrial and industrial all-terrain masted forklift-trucks, compact loaders, aerial work platforms for personnel and warehousing equipment. These products are marketed through well-known brands such as Manitou, Gehl, and Mustang available with dealers throughout the world. Most of its revenue is derived from sales in countries of Northern Europe.

Manitou BF (LTS:0NDA) Headlines

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