Online Brands Nordic AB (OSTO:OBAB) Cash-to-Debt : 0.29 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Online Brands Nordic 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. Online Brands Nordic AB's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.29.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Online Brands Nordic AB couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

OSTO:OBAB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: No Debt Max: No Debt
Current: 0.29

During the past 13 years, Online Brands Nordic AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

OSTO:OBAB's Cash-to-Debt is ranked worse than
60.85% of 1111 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs OSTO:OBAB: 0.29

Online Brands Nordic AB Cash-to-Debt Historical Data

The historical data trend for Online Brands Nordic 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.

* Premium members only.

Online Brands Nordic AB Cash-to-Debt Chart

Online Brands Nordic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.05

No Debt

15.89

0.31

Online Brands Nordic AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															0.23	0.39	0.20	0.31	0.29

Competitive Comparison of Online Brands Nordic AB's Cash-to-Debt

For the Internet Retail subindustry, Online Brands Nordic 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.

Online Brands Nordic AB's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Online Brands Nordic AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Online Brands Nordic AB's Cash-to-Debt falls into.

Online Brands Nordic 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.

Online Brands Nordic 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)
	=	12.283	/	(5.471	+	33.956)
	=	0.31

Online Brands Nordic 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)
	=	7.6	/	(4.9	+	21.5)
	=	0.29

Online Brands Nordic AB (OSTO:OBAB) 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.

Online Brands Nordic AB Cash-to-Debt Related Terms

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

Online Brands Nordic AB (OSTO:OBAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Online Brands Nordic AB (OSTO:OBAB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flojelbergsgatan 7A, Molndal, SWE, 431 37

Website

https://www.onlinebrands.se

Online Brands Nordic AB is an e-commerce company. The group operates the online store Trendcarpet, which is engaged in retailing of carpets. The company operates in more than 10 different countries and is primarily aimed at the private market. The group also houses international e-commerce for hats under the Hatshop brand and the jewelery store John Victorin in Varberg AB.

Online Brands Nordic AB (OSTO:OBAB) Headlines

No Headlines