Flat Capital AB (OSTO:FLAT B) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Flat Capital 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. Flat Capital AB's cash to debt ratio for the quarter that ended in Mar. 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, Flat Capital AB could pay off its debt using the cash in hand for the quarter that ended in Mar. 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 Flat Capital AB's Cash-to-Debt or its related term are showing as below:

OSTO:FLAT B' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Flat Capital AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.19. And the median was No Debt.

OSTO:FLAT B's Cash-to-Debt is ranked better than
99.93% of 1467 companies
in the Asset Management industry
Industry Median: 5.65 vs OSTO:FLAT B: No Debt

Flat Capital AB Cash-to-Debt Historical Data

The historical data trend for Flat Capital 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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Flat Capital AB Cash-to-Debt Chart

Flat Capital AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.19

No Debt

Flat Capital AB Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial											No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Flat Capital AB's Cash-to-Debt

For the Asset Management subindustry, Flat Capital 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.

Flat Capital AB's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flat Capital AB's Cash-to-Debt distribution charts can be found below:

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

Flat Capital 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.

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

Flat Capital AB had no debt ⁽¹⁾.

Flat Capital AB's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Flat Capital AB had no debt ⁽¹⁾.

Flat Capital AB (OSTO:FLAT B) 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.

Flat Capital AB Cash-to-Debt Related Terms

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

Flat Capital AB (OSTO:FLAT B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flat Capital AB (OSTO:FLAT B) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

87I:Germany

Address

Nybrogatan 6, Stockholm, SWE, 114 34

Website

https://www.flatcapital.com

Flat Capital AB is an investment company that focuses on companies with prominent entrepreneurs in various positions. Its view is to simplify and improve the path to company building and give more people the opportunity to benefit from shared maximum returns.

Flat Capital AB (OSTO:FLAT B) Headlines

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Flat Capital AB (OSTO:FLAT B) Cash-to-Debt : No Debt (1) (As of Mar. 2024)