Enapter AG (STU:H2O) Cash-to-Debt : 0.31 (As of Jun. 2023)

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What is Enapter 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. Enapter AG's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.31.

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

STU:H2O' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 1.02 Max: No Debt
Current: 0.31

During the past 7 years, Enapter AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.29. And the median was 1.02.

STU:H2O's Cash-to-Debt is ranked worse than
77.46% of 2995 companies
in the Industrial Products industry
Industry Median: 1.23 vs STU:H2O: 0.31

Enapter AG Cash-to-Debt Historical Data

The historical data trend for Enapter 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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Enapter AG Cash-to-Debt Chart

Enapter AG Annual Data

Trend

Dec07

Dec08

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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14.06

0.97

2.01

4.24

1.33

Enapter AG Semi-Annual Data
	Dec07	Dec08	Jun09	Jun11	Jan17	Jul17	Jan18	Jul18	Jan19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial												3.81	4.24	7.40	1.33	0.31

Competitive Comparison of Enapter AG's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Enapter 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.

Enapter AG's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Enapter 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.

Enapter 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)
	=	5.071	/	(0.987	+	2.841)
	=	1.32

Enapter 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)
	=	9.452	/	(2.608	+	28.365)
	=	0.31

Enapter AG (STU:H2O) 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.

Enapter AG Cash-to-Debt Related Terms

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Enapter AG (STU:H2O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enapter AG (STU:H2O) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

H2O:Germany

Address

Reinhardtstr. 35, Berlin, BB, DEU, 10117

Website

https://www.enapter.com

Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.

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