Synektik (STU:A2P) Cash-to-Debt : 3.59 (As of Sep. 2024)

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What is Synektik 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. Synektik's cash to debt ratio for the quarter that ended in Sep. 2024 was 3.59.

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, Synektik 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 Synektik's Cash-to-Debt or its related term are showing as below:

STU:A2P' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 1.01 Max: 11.65
Current: 3.59

During the past 13 years, Synektik's highest Cash to Debt Ratio was 11.65. The lowest was 0.11. And the median was 1.01.

STU:A2P's Cash-to-Debt is ranked better than
60.77% of 859 companies
in the Medical Devices & Instruments industry
Industry Median: 1.65 vs STU:A2P: 3.59

Synektik Cash-to-Debt Historical Data

The historical data trend for Synektik'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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Synektik Cash-to-Debt Chart

Synektik Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.70

0.53

1.01

0.29

3.39

Synektik 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															3.39	11.65	4.07	4.48	3.59

Competitive Comparison of Synektik's Cash-to-Debt

For the Medical Devices subindustry, Synektik'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.

Synektik's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

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

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

Synektik 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.

Synektik's Cash to Debt Ratio for the fiscal year 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)
	=	14.717	/	(1.13	+	3.211)
	=	3.39

Synektik'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)
	=	19.556	/	(1.152	+	4.298)
	=	3.59

Synektik (STU:A2P) 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.

Synektik Cash-to-Debt Related Terms

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Synektik Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Synektik SA (STU:A2P) » Definitions » Cash-to-Debt

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SNT:Poland

Address

Aleja Wincentego Witosa 31, Warsaw, POL, 00-710

Website

http://www.synektik.pl

Synektik SA is a supplier of innovative products, services and IT solutions for diagnostic imaging and nuclear medicine. It sells medical devices and IT solutions used in radiology and operates research laboratory for diagnostic imaging systems and a service centre for medical equipment. Its operating segments include the sale of medical equipment used in radiology and nuclear medicine and IT solutions, Maintenance services for medical equipment as well as acceptance and specialist tests and Radiopharmaceutical production.

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