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SVZRF (Svitzer Group AS) Cash-to-Debt : 0.17 (As of Dec. 2024)


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What is Svitzer Group AS 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. Svitzer Group AS's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.17.

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, Svitzer Group AS couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

SVZRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05   Med: 0.28   Max: 0.42
Current: 0.17

During the past 4 years, Svitzer Group AS's highest Cash to Debt Ratio was 0.42. The lowest was 0.05. And the median was 0.28.

SVZRF's Cash-to-Debt is ranked worse than
75.61% of 980 companies
in the Transportation industry
Industry Median: 0.48 vs SVZRF: 0.17

Svitzer Group AS Cash-to-Debt Historical Data

The historical data trend for Svitzer Group AS'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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Svitzer Group AS Cash-to-Debt Chart

Svitzer Group AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash-to-Debt
0.42 0.38 0.05 0.17

Svitzer Group AS Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Cash-to-Debt Get a 7-Day Free Trial 0.38 N/A 0.05 0.18 0.17

Competitive Comparison of Svitzer Group AS's Cash-to-Debt

For the Marine Shipping subindustry, Svitzer Group AS'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.

Svitzer Group AS's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Svitzer Group AS's Cash-to-Debt distribution charts can be found below:

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


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Svitzer Group AS 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.

Svitzer Group AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
=99.971 / (87.895 + 500.835)
=0.17

Svitzer Group AS's Cash to Debt Ratio for the quarter that ended in Dec. 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)
=99.971 / (87.895 + 500.835)
=0.17

* 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.

Svitzer Group AS  (OTCPK:SVZRF) 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.

Svitzer Group AS Cash-to-Debt Related Terms

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Svitzer Group AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Svitzer Group AS (OTCPK:SVZRF) » Definitions » Cash-to-Debt
Comparable Companies
OCSE:DNORD OCSE:DFDS OCSE:ERRIA HKSE:01919 BOM:532921 XTER:HLAG OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 PHS:ICT TSE:9104 XKRX:011200 SHSE:601018 ADX:ADNOCLS HKSE:00316 TSE:9107 HKSE:06198 TPE:2609 BOM:543994
Traded in Other Exchanges
SVITZR:Denmark 9Y1:Germany
Address
Sundkrogsgade 17, Copenhagen, DNK, 2100
Website
https://www.svitzer.com
Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage: In Harbour Towage, company enter into agreements with vessel owners or operators to provide towage services for their vessels in specific ports; and Terminal Towage , company enter into agreements with on and offshore terminal operators or other customers for the delivery of towage services by making a pre-determined number of tugboats, and sometimes other vessels, available to service all vessels that enter or leave the specific terminal. The company operates in various countries such as Australia, Europe, America, AMEA, with majority from Australia.