DF Deutsche Forfait AG (STU:DFTK) Cash-to-Debt : 0.59 (As of Jun. 2023)

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What is DF Deutsche Forfait 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. DF Deutsche Forfait AG's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.59.

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, DF Deutsche Forfait AG 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 DF Deutsche Forfait AG's Cash-to-Debt or its related term are showing as below:

STU:DFTK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.62 Max: 3711.5
Current: 0.59

During the past 13 years, DF Deutsche Forfait AG's highest Cash to Debt Ratio was 3711.50. The lowest was 0.01. And the median was 0.62.

STU:DFTK's Cash-to-Debt is ranked worse than
71.07% of 788 companies
in the Capital Markets industry
Industry Median: 1.9 vs STU:DFTK: 0.59

DF Deutsche Forfait AG Cash-to-Debt Historical Data

The historical data trend for DF Deutsche Forfait 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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DF Deutsche Forfait AG Cash-to-Debt Chart

DF Deutsche Forfait AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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394.89

1.61

1.77

0.43

1.45

DF Deutsche Forfait AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.47	0.43	0.83	1.45	0.59

Competitive Comparison of DF Deutsche Forfait AG's Cash-to-Debt

For the Capital Markets subindustry, DF Deutsche Forfait 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.

DF Deutsche Forfait AG's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DF Deutsche Forfait AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where DF Deutsche Forfait AG's Cash-to-Debt falls into.

DF Deutsche Forfait 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.

DF Deutsche Forfait 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)
	=	23.565	/	(0.145	+	16.133)
	=	1.45

DF Deutsche Forfait AG'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)
	=	9.546	/	(0	+	16.061)
	=	0.59

DF Deutsche Forfait AG (STU:DFTK) 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.

DF Deutsche Forfait AG Cash-to-Debt Related Terms

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DF Deutsche Forfait AG (STU:DFTK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DF Deutsche Forfait AG (STU:DFTK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DFTK:Germany

Address

Hirtenweg 14, Grunwald, DEU, 82031

Website

https://www.dfag.de

DF Deutsche Forfait AG is engaged in the provision of financial services. Its products include financing solutions, foreign trade receivables, and trade finance funds. The company focuses on the purchase of receivables from imports and exports and provides the hedging of merchandise deliveries in emerging and developing countries. It supports exporters and importers by purchasing foreign trade receivables, providing liquidity and taking over the payment risks. For banks, it operates as a partner for financing solutions, such as structured, abstract payment obligations, and buys and sells assets. Its geographic focus is on the Near and Middle East.

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