Koskisen (OHEL:KOSKI) Cash-to-Debt : 0.63 (As of Sep. 2024)

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What is Koskisen 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. Koskisen's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.63.

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, Koskisen couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

OHEL:KOSKI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.73 Max: 1.51
Current: 0.63

During the past 5 years, Koskisen's highest Cash to Debt Ratio was 1.51. The lowest was 0.10. And the median was 0.73.

OHEL:KOSKI's Cash-to-Debt is ranked better than
64.08% of 284 companies
in the Forest Products industry
Industry Median: 0.295 vs OHEL:KOSKI: 0.63

Koskisen Cash-to-Debt Historical Data

The historical data trend for Koskisen'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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Koskisen Cash-to-Debt Chart

Koskisen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.16

0.10

0.54

1.51

0.73

Koskisen Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial									0.81	0.73	0.57	0.52	0.63

Competitive Comparison of Koskisen's Cash-to-Debt

For the Lumber & Wood Production subindustry, Koskisen'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.

Koskisen's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Koskisen's Cash-to-Debt distribution charts can be found below:

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

Koskisen 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.

Koskisen'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)
	=	46.396	/	(8.533	+	55.167)
	=	0.73

Koskisen's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	42.982	/	(11.246	+	57.139)
	=	0.63

Koskisen (OHEL:KOSKI) 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.

Koskisen Cash-to-Debt Related Terms

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Koskisen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Koskisen Corp (OHEL:KOSKI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EZ8:Germany

Address

Tehdastie 2, Jarvela, FIN, 16600

Website

https://www.koskisen.fi

Koskisen Corp is a family-owned wood-processing company. It has two business segments namely Sawn Timber Industry and Panel Industry. The Sawn Timber Industry business segment produces sawn and further-processed timber and the Panel Industry business segment produces plywood, thin plywood, veneers, chipboards, and interior solutions for light and heavy commercial vehicles under the Kore brand. The company earns the majority of its revenue from the Sawn Timber Industry segment.

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