Saunum Group AS (OTSE:SAUNA) Cash-to-Debt : 0.98 (As of Jun. 2023)

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What is Saunum 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. Saunum Group AS's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.98.

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, Saunum Group AS couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Saunum Group AS's Cash-to-Debt or its related term are showing as below:

OTSE:SAUNA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.42 Max: 1.31
Current: 0.98

During the past 4 years, Saunum Group AS's highest Cash to Debt Ratio was 1.31. The lowest was 0.06. And the median was 0.42.

OTSE:SAUNA's Cash-to-Debt is ranked better than
59.17% of 1680 companies
in the Construction industry
Industry Median: 0.63 vs OTSE:SAUNA: 0.98

Saunum Group AS Cash-to-Debt Historical Data

The historical data trend for Saunum 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.

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Saunum Group AS Cash-to-Debt Chart

Saunum Group AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.06

1.31

0.27

0.42

Saunum Group AS Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial			1.31	0.27	N/A	0.42	0.98

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

For the Building Products & Equipment subindustry, Saunum 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.

Saunum Group AS's Cash-to-Debt Distribution in the Construction Industry

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

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

Saunum 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.

Saunum Group AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.137	/	(0.029	+	0.297)
	=	0.42

Saunum Group AS's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.307	/	(0.03	+	0.282)
	=	0.98

Saunum Group AS (OTSE:SAUNA) 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.

Saunum Group AS Cash-to-Debt Related Terms

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Saunum Group AS (OTSE:SAUNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Saunum Group AS (OTSE:SAUNA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parnu mnt 478b, Harju county, Tallinn, EST, 10913

Website

https://www.saunum.com/et

Saunum Group AS is an Estonian company that develops and manufactures unique indoor sauna air conditioners and heaters with patented technology in the world. The main activity is the development, production, and so on of the mentioned devices. The company's products include Heaters, Air conditioners, Control devices, and salt balls.

Saunum Group AS (OTSE:SAUNA) Headlines

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