Landis+Gyr Group AG (STU:4LG) Cash-to-Debt : 0.33 (As of Sep. 2023)

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What is Landis+Gyr Group 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. Landis+Gyr Group AG's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.33.

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, Landis+Gyr Group AG couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Landis+Gyr Group AG's Cash-to-Debt or its related term are showing as below:

STU:4LG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.38 Max: 0.81
Current: 0.33

During the past 9 years, Landis+Gyr Group AG's highest Cash to Debt Ratio was 0.81. The lowest was 0.05. And the median was 0.38.

STU:4LG's Cash-to-Debt is ranked worse than
76.45% of 2926 companies
in the Industrial Products industry
Industry Median: 1.23 vs STU:4LG: 0.33

Landis+Gyr Group AG Cash-to-Debt Historical Data

The historical data trend for Landis+Gyr Group 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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Landis+Gyr Group AG Cash-to-Debt Chart

Landis+Gyr Group AG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.81

0.75

0.54

0.26

0.43

Landis+Gyr Group AG Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial												0.32	0.26	0.32	0.43	0.33

Competitive Comparison of Landis+Gyr Group AG's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Landis+Gyr Group 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.

Landis+Gyr Group AG's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Landis+Gyr Group AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Landis+Gyr Group AG's Cash-to-Debt falls into.

Landis+Gyr Group 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.

Landis+Gyr Group AG's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	109.624	/	(181.35	+	76.67)
	=	0.42

Landis+Gyr Group AG's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	99.535	/	(234.26	+	72.286)
	=	0.32

Landis+Gyr Group AG (STU:4LG) 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.

Landis+Gyr Group AG Cash-to-Debt Related Terms

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Landis+Gyr Group AG (STU:4LG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Landis+Gyr Group AG (STU:4LG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LDGYY:USA LANDz:UK LAND:Switzerland

Address

Alte Steinhauserstrasse 18, Cham, CHE, CH-6330

Website

https://www.landisgyr.com

Landis+Gyr Group AG is a provider of integrated energy management products tailored to an energy company. It offers electricity meters, heat and cooling meters, software services and custom solutions, grid management, and communication networks. The company's geographical segment includes the Americas, EMEA, and the Asia Pacific. The Americas segment designs, manufactures, markets, and sells the company's Gridstream and advanced meter solutions, digital electricity meters, and other related services. The EMEA segment sells the company's prepayment electricity meters, gas meters, and other services, and The Asia Pacific segment sells the company's load control devices, system deployment services, and related services. It generates a majority of its revenue from the Americas & EMEA segments.

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