Lang & Schwarz AG (LTS:0RS1) Cash-to-Debt : 6.54 (As of Jun. 2024)

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What is Lang & Schwarz 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. Lang & Schwarz AG's cash to debt ratio for the quarter that ended in Jun. 2024 was 6.54.

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, Lang & Schwarz AG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LTS:0RS1' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.23 Med: 8.43 Max: 115.73
Current: 6.54

During the past 13 years, Lang & Schwarz AG's highest Cash to Debt Ratio was 115.73. The lowest was 2.23. And the median was 8.43.

LTS:0RS1's Cash-to-Debt is ranked better than
60.15% of 783 companies
in the Capital Markets industry
Industry Median: 2.48 vs LTS:0RS1: 6.54

Lang & Schwarz AG Cash-to-Debt Historical Data

The historical data trend for Lang & Schwarz 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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Lang & Schwarz AG Cash-to-Debt Chart

Lang & Schwarz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.82

8.31

21.50

32.02

17.95

Lang & Schwarz AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															2.23	32.02	9.49	17.95	6.54

Competitive Comparison of Lang & Schwarz AG's Cash-to-Debt

For the Capital Markets subindustry, Lang & Schwarz 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.

Lang & Schwarz AG's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lang & Schwarz AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lang & Schwarz AG's Cash-to-Debt falls into.

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Lang & Schwarz 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.

Lang & Schwarz 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)
	=	711.592	/	(39.653	+	0)
	=	17.95

Lang & Schwarz AG's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	893.618	/	(0	+	136.589)
	=	6.54

Lang & Schwarz AG (LTS:0RS1) 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.

Lang & Schwarz AG Cash-to-Debt Related Terms

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Lang & Schwarz AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lang & Schwarz AG (LTS:0RS1) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

LUS1:Germany

Address

Breite Strasse 34, Dusseldorf, DEU, 40213

Website

http://www.ls-d.de

Lang & Schwarz AG is an operative holding company. It offers broad range of leverage products including traditional warrants, turbos, end-use turbos, SFDs and KOGS on indices, domestic and foreign equities, commodities, interest rates and currencies, both as well Intra-day emissions to be able to offer current strikes and knockout levels in every market situation.

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