Sweco AB (OSTO:SWEC B) Cash-to-Debt : 0.11 (As of Mar. 2024)

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What is Sweco 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. Sweco AB's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.11.

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, Sweco 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 Sweco AB's Cash-to-Debt or its related term are showing as below:

OSTO:SWEC B' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.14 Max: No Debt
Current: 0.11

During the past 13 years, Sweco AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 0.14.

OSTO:SWEC B's Cash-to-Debt is ranked worse than
84.73% of 1676 companies
in the Construction industry
Industry Median: 0.63 vs OSTO:SWEC B: 0.11

Sweco AB Cash-to-Debt Historical Data

The historical data trend for Sweco 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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Sweco AB Cash-to-Debt Chart

Sweco AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.11

0.36

0.20

0.19

0.17

Sweco 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															0.10	0.09	0.13	0.17	0.11

Competitive Comparison of Sweco AB's Cash-to-Debt

For the Engineering & Construction subindustry, Sweco 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.

Sweco AB's Cash-to-Debt Distribution in the Construction Industry

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

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

Sweco 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.

Sweco 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)
	=	1103	/	(2241	+	4398)
	=	0.17

Sweco 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)
	=	737	/	(2316	+	4626)
	=	0.11

Sweco AB (OSTO:SWEC 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.

Sweco AB Cash-to-Debt Related Terms

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Sweco AB (OSTO:SWEC B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sweco AB (OSTO:SWEC B) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SWEC A:Sweden 0H0G:UK 7W71:Germany

Address

Gjorwellsgatan 22, Box 34044, Stockholm, SWE, SE-100 26

Website

https://www.swecogroup.com

Sweco AB offers consulting, engineering services, technology, and architecture. It designs buildings, city districts, and transportation infrastructure to meet customers' needs. The company's planning and project management capabilities help to supply forecasts and site supervision. Part of the process focuses on providing the right conditions and climate for people to live and work in. Modern technical solutions help supply clean water, reliable energy supply, and resource-efficient industrial facilities to transform structures. The company's segments are sorted geographically: Sweden, Norway, Finland, Denmark, the Netherlands, Belgium, United Kingdom, and Germany and Central Europe. The largest portion of sales derives from Sweden, and the region is a focal point for profitability.

Sweco AB (OSTO:SWEC B) Headlines

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