Wonderboo Holding AB (NGM:WONDR) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Wonderboo Holding AB 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. Wonderboo Holding AB's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Wonderboo Holding AB could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

NGM:WONDR' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, Wonderboo Holding AB's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

NGM:WONDR's Cash-to-Debt is ranked better than
99.89% of 1867 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs NGM:WONDR: No Debt

Wonderboo Holding AB Cash-to-Debt Historical Data

The historical data trend for Wonderboo Holding AB'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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Wonderboo Holding AB Cash-to-Debt Chart

Wonderboo Holding AB Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

No Debt

Wonderboo Holding AB Semi-Annual Data
	Dec22	Dec23
Cash-to-Debt	No Debt	No Debt

Competitive Comparison of Wonderboo Holding AB's Cash-to-Debt

For the Packaged Foods subindustry, Wonderboo Holding AB'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.

Wonderboo Holding AB's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wonderboo Holding AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Wonderboo Holding AB's Cash-to-Debt falls into.

Wonderboo Holding AB 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.

Wonderboo Holding AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Wonderboo Holding AB had no debt ⁽¹⁾.

Wonderboo Holding AB's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Wonderboo Holding AB had no debt ⁽¹⁾.

Wonderboo Holding AB (NGM:WONDR) 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.

Wonderboo Holding AB Cash-to-Debt Related Terms

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

Wonderboo Holding AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wonderboo Holding AB (NGM:WONDR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Farogatan 33, Kista, SWE, 164 51

Website

https://www.wonderboo.com

Wonderboo Holding AB is active in the dog food industry. Its segment is dog food and it offers recipes that nutritionally complete dog food, It is Produced using only the finest fresh ingredients means natural nutrition and taste are preserved.

Wonderboo Holding AB Headlines

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Wonderboo Holding AB (NGM:WONDR) Cash-to-Debt : No Debt (1) (As of Dec. 2023)