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Deutsche Bank AG (MIL:1DBK) Cash-to-Debt : 1.20 (As of Sep. 2024)


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What is Deutsche Bank 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. Deutsche Bank AG's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.20.

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, Deutsche Bank AG 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 Deutsche Bank AG's Cash-to-Debt or its related term are showing as below:

MIL:1DBK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42   Med: 1.2   Max: 1.41
Current: 1.2

During the past 13 years, Deutsche Bank AG's highest Cash to Debt Ratio was 1.41. The lowest was 0.42. And the median was 1.20.

MIL:1DBK's Cash-to-Debt is ranked worse than
52.54% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs MIL:1DBK: 1.20

Deutsche Bank AG Cash-to-Debt Historical Data

The historical data trend for Deutsche Bank 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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Deutsche Bank AG Cash-to-Debt Chart

Deutsche Bank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.10 1.28 1.27 1.28

Deutsche Bank AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.41 1.28 1.35 1.31 1.20

Competitive Comparison of Deutsche Bank AG's Cash-to-Debt

For the Banks - Regional subindustry, Deutsche Bank 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.


Deutsche Bank AG's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Deutsche Bank AG's Cash-to-Debt distribution charts can be found below:

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



Deutsche Bank AG Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Deutsche Bank AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Deutsche Bank AG's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

* 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.


Deutsche Bank AG  (MIL:1DBK) 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.


Deutsche Bank AG Cash-to-Debt Related Terms

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Deutsche Bank AG Business Description

Address
Taunusanlage 12, Frankfurt am Main, HE, DEU, 60325
Deutsche Bank is a universal bank operating on a global scale. The bank offers corporate, retail, investment banking, private banking, and asset management to its clients.

Deutsche Bank AG Headlines

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