Compodium International AB (OSTO:COMPDM) Cash-to-Debt : 60.97 (As of Dec. 2023)

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What is Compodium International 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. Compodium International AB's cash to debt ratio for the quarter that ended in Dec. 2023 was 60.97.

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

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

OSTO:COMPDM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 25.7 Max: 60.97
Current: 60.97

During the past 5 years, Compodium International AB's highest Cash to Debt Ratio was 60.97. The lowest was 0.04. And the median was 25.70.

OSTO:COMPDM's Cash-to-Debt is ranked better than
83.04% of 2794 companies
in the Software industry
Industry Median: 2.535 vs OSTO:COMPDM: 60.97

Compodium International AB Cash-to-Debt Historical Data

The historical data trend for Compodium International 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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Compodium International AB Cash-to-Debt Chart

Compodium International AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.04

0.49

44.09

25.70

60.97

Compodium International AB Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										25.70	39.95	40.85	54.96	60.97

Competitive Comparison of Compodium International AB's Cash-to-Debt

For the Software - Application subindustry, Compodium International 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.

Compodium International AB's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Compodium International AB's Cash-to-Debt distribution charts can be found below:

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

Compodium International 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.

Compodium International AB'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)
	=	8.962	/	(0.147	+	0)
	=	60.97

Compodium International AB's Cash to Debt Ratio for the quarter 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)
	=	8.962	/	(0.147	+	0)
	=	60.97

Compodium International AB (OSTO:COMPDM) 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.

Compodium International AB Cash-to-Debt Related Terms

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

Compodium International AB (OSTO:COMPDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Compodium International AB (OSTO:COMPDM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vastra Varvsgatan 31, Lulea, SWE, 972 36

Website

https://www.compodium.com

Compodium International AB is a technology company active in secure digital communication. The company's main focus is mainly on the so-called premium segment, where the customer places high demands on information technology security and meeting integrity.

Compodium International AB (OSTO:COMPDM) Headlines

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