Nikon SLM Solutions AG (Nikon SLM Solutions AG) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is Nikon SLM Solutions 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. Nikon SLM Solutions AG'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, Nikon SLM Solutions AG 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 Nikon SLM Solutions AG's Cash-to-Debt or its related term are showing as below:

SLGRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: No Debt Max: No Debt
Current: 0.13

During the past 13 years, Nikon SLM Solutions AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was No Debt.

SLGRF's Cash-to-Debt is not ranked
in the Industrial Products industry.
Industry Median: 1.23 vs SLGRF: 0.13

Nikon SLM Solutions AG Cash-to-Debt Historical Data

The historical data trend for Nikon SLM Solutions 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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Nikon SLM Solutions AG Cash-to-Debt Chart

Nikon SLM Solutions AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.42

0.35

15.45

0.29

0.38

Nikon SLM Solutions AG Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	0.38	No Debt	No Debt

Competitive Comparison of Nikon SLM Solutions AG's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Nikon SLM Solutions 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.

Nikon SLM Solutions AG's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nikon SLM Solutions AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nikon SLM Solutions AG's Cash-to-Debt falls into.

Nikon SLM Solutions 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.

Nikon SLM Solutions AG'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)
	=	29.168	/	(2.647	+	74.12)
	=	0.38

Nikon SLM Solutions AG's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Nikon SLM Solutions AG had no debt ⁽¹⁾.

Nikon SLM Solutions AG (OTCPK:SLGRF) 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.

Nikon SLM Solutions AG Cash-to-Debt Related Terms

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Nikon SLM Solutions AG (Nikon SLM Solutions AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nikon SLM Solutions AG (OTCPK:SLGRF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Estlandring 4, Lubeck, SH, DEU, 23564

Website

https://www.slm-solutions.com

Nikon SLM Solutions AG Formerly SLM Solutions Group AG is a developer of industrial metal 3D printing machines focused on metal additive manufacturing and multi-laser technology for the aerospace and defense, automotive, energy, healthcare, tooling, and research markets. The company focuses on the development, production, and sale of machines for selective laser melting. It also focuses on research and development of technology in the manufacturing area, providing customer training sessions, consulting and financing services, machine-related services, the sale of replacement parts and accessories, and also the sale of merchandise. SLM manages its business in two segments namely the Machine Sales segment and the After-sales segment.

Nikon SLM Solutions AG (Nikon SLM Solutions AG) Cash-to-Debt : No Debt (1) (As of Jun. 2023)