SEMHF (Siemens Healthineers AG) Cash-to-Debt : 3.56 (As of Sep. 2024)

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What is Siemens Healthineers AG 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. Siemens Healthineers AG's cash to debt ratio for the quarter that ended in Sep. 2024 was 3.56.

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, Siemens Healthineers AG could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Siemens Healthineers AG's Cash-to-Debt or its related term are showing as below:

SEMHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.43 Med: 3.65 Max: 7.39
Current: 3.56

During the past 10 years, Siemens Healthineers AG's highest Cash to Debt Ratio was 7.39. The lowest was 1.43. And the median was 3.65.

SEMHF's Cash-to-Debt is ranked better than
60.3% of 859 companies
in the Medical Devices & Instruments industry
Industry Median: 1.65 vs SEMHF: 3.56

Siemens Healthineers AG Cash-to-Debt Historical Data

The historical data trend for Siemens Healthineers AG'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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Siemens Healthineers AG Cash-to-Debt Chart

Siemens Healthineers AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Cash-to-Debt

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1.43

2.05

2.30

3.75

3.56

Siemens Healthineers AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															3.75	2.95	3.94	3.13	3.56

Competitive Comparison of Siemens Healthineers AG's Cash-to-Debt

For the Medical Devices subindustry, Siemens Healthineers AG'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.

Siemens Healthineers AG's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Siemens Healthineers AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Siemens Healthineers AG's Cash-to-Debt falls into.

Siemens Healthineers AG 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.

Siemens Healthineers AG's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	3079.911	/	(296.337	+	569.367)
	=	3.56

Siemens Healthineers AG's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	3079.911	/	(296.337	+	569.367)
	=	3.56

Siemens Healthineers AG (OTCPK:SEMHF) 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.

Siemens Healthineers AG Cash-to-Debt Related Terms

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Siemens Healthineers AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Siemens Healthineers AG (OTCPK:SEMHF) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

SMMNY:USA 1SHL:Italy SHLd:UK 0PMJ:UK SHL:Germany SHL:Austria

Address

Siemensstr. 3, Forchheim, BY, DEU, 91301

Website

https://www.siemens-healthineers.com

Siemens Healthineers is engaged in therapeutic imaging, radiotherapy, laboratory, and point-of-care diagnostics. The imaging segment (55% of sales in fiscal 2023) includes magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound. The Varian segment (16% of sales) offers radiotherapy and other oncology solutions. The portfolio of the diagnostics segment (21%) includes in vitro diagnostics products offered to providers and point-of-care diagnostics. The advanced therapies segment (9%) products are designed to support image-guided minimally invasive treatments in cardiology, interventional radiology, and surgery. North America represents 41% of total sales, Europe, Middle East, and Africa 32%, and Asia-Pacific including China the remainder.