Adtraction Group AB (OSTO:ADTR) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Adtraction Group 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. Adtraction Group AB's cash to debt ratio for the quarter that ended in Sep. 2024 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, Adtraction Group AB could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(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 Adtraction Group AB's Cash-to-Debt or its related term are showing as below:

OSTO:ADTR' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.16 Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Adtraction Group AB's highest Cash to Debt Ratio was No Debt. The lowest was 2.16. And the median was No Debt.

OSTO:ADTR's Cash-to-Debt is ranked better than
99.61% of 1033 companies
in the Media - Diversified industry
Industry Median: 1.23 vs OSTO:ADTR: No Debt

Adtraction Group AB Cash-to-Debt Historical Data

The historical data trend for Adtraction Group 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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Adtraction Group AB Cash-to-Debt Chart

Adtraction Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

5.37

5.57

No Debt

Adtraction Group AB Quarterly Data
	Dec19	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													No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Adtraction Group AB's Cash-to-Debt

For the Advertising Agencies subindustry, Adtraction Group 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.

Adtraction Group AB's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Adtraction Group AB's Cash-to-Debt distribution charts can be found below:

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

Adtraction Group 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.

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

Adtraction Group AB had no debt ⁽¹⁾.

Adtraction Group AB's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Adtraction Group AB had no debt ⁽¹⁾.

Adtraction Group AB (OSTO:ADTR) 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.

Adtraction Group AB Cash-to-Debt Related Terms

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Adtraction Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Adtraction Group AB (OSTO:ADTR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Biblioteksgatan 29, Stockholm, SWE, 114 35

Website

https://www.adtraction.com

Adtraction Group AB is a full-service partner marketing platform, helping brands across multiple industries attract new customers, while helping partners monetise content and traffic. With a user-friendly platform, Adtraction connects brands with a diverse range of marketing partners, ranging from content sites, influencers, affiliates, mobile apps and comparison sites.