Robus Group AS (OTSE:ROBUS) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Robus Group AS 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. Robus Group AS's cash to debt ratio for the quarter that ended in Jun. 2023 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, Robus Group AS could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(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 Robus Group AS's Cash-to-Debt or its related term are showing as below:

OTSE:ROBUS' s Cash-to-Debt Range Over the Past 10 Years
Min: 7 Med: 5003.5 Max: No Debt
Current: No Debt

During the past 1 years, Robus Group AS's highest Cash to Debt Ratio was No Debt. The lowest was 7.00. And the median was 5003.50.

OTSE:ROBUS's Cash-to-Debt is ranked better than
99.88% of 822 companies
in the Travel & Leisure industry
Industry Median: 0.565 vs OTSE:ROBUS: No Debt

Robus Group AS Cash-to-Debt Historical Data

The historical data trend for Robus Group AS'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.

Robus Group AS Cash-to-Debt Chart

Robus Group AS Annual Data

Trend

Dec22

Cash-to-Debt

No Debt

Robus Group AS Semi-Annual Data
	Jun22	Jun23
Cash-to-Debt	7.00	No Debt

Competitive Comparison of Robus Group AS's Cash-to-Debt

For the Leisure subindustry, Robus Group AS'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.

Robus Group AS's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Robus Group AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Robus Group AS's Cash-to-Debt falls into.

Robus Group AS 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.

Robus Group AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Robus Group AS had no debt ⁽¹⁾.

Robus Group AS's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Robus Group AS had no debt ⁽¹⁾.

Robus Group AS (OTSE:ROBUS) 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.

Robus Group AS Cash-to-Debt Related Terms

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

Robus Group AS (OTSE:ROBUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Robus Group AS (OTSE:ROBUS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Town Mills North, Rue du Pre, St Peter Port, Guernsey, GBR, GY1 6HS

Website

https://www.robusgroup.com

Robus Group AS is an independently operated insurance management, fiduciary and financial advisory group. It provides services to captive insurers, open market insurers and reinsurers, insurance intermediaries, ILS fund managers and other corporate entities around the world.

Robus Group AS (OTSE:ROBUS) Headlines

No Headlines

Robus Group AS (OTSE:ROBUS) Cash-to-Debt : No Debt (1) (As of Jun. 2023)