Rusta AB (publ) (OSTO:RUSTA) Cash-to-Debt : 0.07 (As of Jan. 2024)

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What is Rusta AB (publ) 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. Rusta AB (publ)'s cash to debt ratio for the quarter that ended in Jan. 2024 was 0.07.

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, Rusta AB (publ) couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Rusta AB (publ)'s Cash-to-Debt or its related term are showing as below:

OSTO:RUSTA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.07
Current: 0.07

During the past 3 years, Rusta AB (publ)'s highest Cash to Debt Ratio was 0.07. The lowest was 0.02. And the median was 0.03.

OSTO:RUSTA's Cash-to-Debt is ranked worse than
87.6% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs OSTO:RUSTA: 0.07

Rusta AB (publ) Cash-to-Debt Historical Data

The historical data trend for Rusta AB (publ)'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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Rusta AB (publ) Cash-to-Debt Chart

Rusta AB (publ) Annual Data

Trend

Apr21

Apr22

Apr23

Cash-to-Debt

0.02

0.03

Rusta AB (publ) Quarterly Data
	Apr21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial				N/A	0.03	0.07	0.02	0.07

Competitive Comparison of Rusta AB (publ)'s Cash-to-Debt

For the Department Stores subindustry, Rusta AB (publ)'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.

Rusta AB (publ)'s Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rusta AB (publ)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Rusta AB (publ)'s Cash-to-Debt falls into.

Rusta AB (publ) 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.

Rusta AB (publ)'s Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	182.2	/	(1265.7	+	4667.6)
	=	0.03

Rusta AB (publ)'s Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	420	/	(927	+	4830)
	=	0.07

Rusta AB (publ) (OSTO:RUSTA) 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.

Rusta AB (publ) Cash-to-Debt Related Terms

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Rusta AB (publ) (OSTO:RUSTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rusta AB (publ) (OSTO:RUSTA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kanalvagen 12, 4th floor, Upplands Vasby, SWE, SE-194 05

Website

https://investors.rusta.com

Rusta AB (publ) is a leading company in the Nordic variety hard discount market. Its customer promise is to be a modern variety hard discount retailer making it easy to renew and refill at home at surprisingly low prices. It combines an offering of a wide and curated product assortment of everyday products, with good quality that covers frequent customer needs and wants at the lowest prices among comparable products with a convenient and positive in-store shopping experience. It has a wide multi-geographic presence with a network of 203 stores across Sweden, Norway, Finland, and Germany.

Rusta AB (publ) (OSTO:RUSTA) Headlines

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