Aprendere Skolor AB (OSTO:APRNDR.TO1) Cash-to-Debt : 1.60 (As of Mar. 2024)

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What is Aprendere Skolor 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. Aprendere Skolor AB's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.60.

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, Aprendere Skolor AB could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

OSTO:APRNDR.TO1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 1.59 Max: 10.87
Current: 1.6

During the past 5 years, Aprendere Skolor AB's highest Cash to Debt Ratio was 10.87. The lowest was 0.42. And the median was 1.59.

OSTO:APRNDR.TO1's Cash-to-Debt is ranked better than
55.09% of 265 companies
in the Education industry
Industry Median: 1.16 vs OSTO:APRNDR.TO1: 1.60

Aprendere Skolor AB Cash-to-Debt Historical Data

The historical data trend for Aprendere Skolor 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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Aprendere Skolor AB Cash-to-Debt Chart

Aprendere Skolor AB Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.84

0.42

1.17

10.01

1.34

Aprendere Skolor AB Quarterly Data
	Jun19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial												1.34	1.34	1.50	1.88	1.60

Competitive Comparison of Aprendere Skolor AB's Cash-to-Debt

For the Education & Training Services subindustry, Aprendere Skolor 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.

Aprendere Skolor AB's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Aprendere Skolor AB's Cash-to-Debt distribution charts can be found below:

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

Aprendere Skolor 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.

Aprendere Skolor AB's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	20.806	/	(0.456	+	15.072)
	=	1.34

Aprendere Skolor AB's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	17.773	/	(2.75	+	8.338)
	=	1.60

Aprendere Skolor AB (OSTO:APRNDR.TO1) 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.

Aprendere Skolor AB Cash-to-Debt Related Terms

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

Aprendere Skolor AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Aprendere Skolor AB (OSTO:APRNDR.TO1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

APRNDR:Sweden

Address

Triewaldsgränd 2, 2 tr, Stockholm, SWE, 111 29

Website

https://www.aprendereskolor.se

Aprendere Skolor AB conduct activities within compulsory school, compulsory special school, upper secondary special school, upper secondary school and HVB homes with compulsory school.

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