Creative Antibiotics AB (OSTO:CAS) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2013)

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What is Creative Antibiotics 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. Creative Antibiotics AB's cash to debt ratio for the quarter that ended in Mar. 2013 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, Creative Antibiotics AB could pay off its debt using the cash in hand for the quarter that ended in Mar. 2013.

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

OSTO:CAS's Cash-to-Debt is not ranked ^*
in the industry.
Industry Median:
* Ranked among companies with meaningful Cash-to-Debt only.

Creative Antibiotics AB Cash-to-Debt Historical Data

The historical data trend for Creative Antibiotics 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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Creative Antibiotics AB Cash-to-Debt Chart

Creative Antibiotics AB Annual Data

Trend

Jun08

Jun09

Jun10

Dec11

Cash-to-Debt

No Debt

Creative Antibiotics AB Quarterly Data
	Jun08	Mar09	Jun09	Sep09	Dec09	Mar10	Sep10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Mar13
Cash-to-Debt	Get a 7-Day Free Trial										No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Creative Antibiotics AB's Cash-to-Debt

For the subindustry, Creative Antibiotics 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.

Creative Antibiotics AB's Cash-to-Debt Distribution in the Industry

For the industry and sector, Creative Antibiotics AB's Cash-to-Debt distribution charts can be found below:

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

Creative Antibiotics 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.

Creative Antibiotics AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 2011 is calculated as:

Creative Antibiotics AB had no debt ⁽¹⁾.

Creative Antibiotics AB's Cash to Debt Ratio for the quarter that ended in Mar. 2013 is calculated as:

Creative Antibiotics AB had no debt ⁽¹⁾.

Creative Antibiotics AB (OSTO:CAS) 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.

Creative Antibiotics AB Cash-to-Debt Related Terms

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