Hapag-Lloyd AG (LTS:0RCG) Cash-to-Debt : 1.52 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Hapag-Lloyd 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. Hapag-Lloyd AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.52.

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, Hapag-Lloyd AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LTS:0RCG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.15 Max: 3.32
Current: 1.52

During the past 13 years, Hapag-Lloyd AG's highest Cash to Debt Ratio was 3.32. The lowest was 0.08. And the median was 0.15.

LTS:0RCG's Cash-to-Debt is ranked better than
74.07% of 968 companies
in the Transportation industry
Industry Median: 0.485 vs LTS:0RCG: 1.52

Hapag-Lloyd AG Cash-to-Debt Historical Data

The historical data trend for Hapag-Lloyd 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.

* Premium members only.

Hapag-Lloyd AG Cash-to-Debt Chart

Hapag-Lloyd AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.08

0.14

1.41

3.32

1.52

Hapag-Lloyd AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															3.32	3.86	1.75	1.56	1.52

Competitive Comparison of Hapag-Lloyd AG's Cash-to-Debt

For the Marine Shipping subindustry, Hapag-Lloyd 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.

Hapag-Lloyd AG's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hapag-Lloyd AG's Cash-to-Debt distribution charts can be found below:

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

Hapag-Lloyd 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.

Hapag-Lloyd AG'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)
	=	7628.1	/	(1257.7	+	3772.9)
	=	1.52

Hapag-Lloyd AG'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)
	=	7628.1	/	(1257.7	+	3772.9)
	=	1.52

Hapag-Lloyd AG (LTS:0RCG) 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.

Hapag-Lloyd AG Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Hapag-Lloyd AG's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Hapag-Lloyd AG (LTS:0RCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hapag-Lloyd AG (LTS:0RCG) » Definitions » Cash-to-Debt

Traded in Other Exchanges

HLAGF:USA HPGLY:USA 1HLAG:Italy HLAGd:UK HLAG:Germany HLAG:Austria

Address

Ballindamm 25, Hamburg, DEU, 20095

Website

https://www.hapag-lloyd.com

Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and Africa.

Hapag-Lloyd AG (LTS:0RCG) Headlines

No Headlines