Sulzer AG (Sulzer AG) Cash-to-Debt : 0.85 (As of Dec. 2023)

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What is Sulzer 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. Sulzer AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.85.

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, Sulzer AG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SULZF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.69 Med: 0.84 Max: 2.47
Current: 0.85

During the past 13 years, Sulzer AG's highest Cash to Debt Ratio was 2.47. The lowest was 0.69. And the median was 0.84.

SULZF's Cash-to-Debt is ranked worse than
56.01% of 2996 companies
in the Industrial Products industry
Industry Median: 1.18 vs SULZF: 0.85

Sulzer AG Cash-to-Debt Historical Data

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

Sulzer AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.75

0.77

0.94

0.83

0.85

Sulzer AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.94	0.82	0.83	0.79	0.85

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

For the Specialty Industrial Machinery subindustry, Sulzer 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.

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

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

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

Sulzer 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.

Sulzer AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1129.741	/	(329.556	+	999.306)
	=	0.85

Sulzer AG's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1129.741	/	(329.556	+	999.306)
	=	0.85

Sulzer AG (OTCPK:SULZF) 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.

Sulzer AG Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Sulzer AG's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Sulzer AG (Sulzer AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sulzer AG (OTCPK:SULZF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SUNz:UK 0QQ9:UK SUN:Switzerland

Address

Neuwiesenstrasse 15, Winterthur, CHE, 8401

Website

https://www.sulzer.com

Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which primarily serve across the globe. While most of its revenues are generated from its Flow equipment and Services segment.

Sulzer AG (Sulzer AG) Headlines

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