ASR Nederland NV (XAMS:ASRNL) Cash-to-Debt : 0.61 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is ASR Nederland NV 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. ASR Nederland NV's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.61.

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

XAMS:ASRNL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.77 Max: 1.34
Current: 0.61

During the past 11 years, ASR Nederland NV's highest Cash to Debt Ratio was 1.34. The lowest was 0.32. And the median was 0.77.

XAMS:ASRNL's Cash-to-Debt is ranked worse than
73.44% of 482 companies
in the Insurance industry
Industry Median: 1.885 vs XAMS:ASRNL: 0.61

ASR Nederland NV Cash-to-Debt Historical Data

The historical data trend for ASR Nederland NV'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.

* Premium members only.

ASR Nederland NV Cash-to-Debt Chart

ASR Nederland NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.44

0.32

0.33

0.50

0.61

ASR Nederland NV Semi-Annual Data
	Dec13	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															0.33	0.64	0.50	0.84	0.61

Competitive Comparison of ASR Nederland NV's Cash-to-Debt

For the Insurance - Diversified subindustry, ASR Nederland NV'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.

ASR Nederland NV's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ASR Nederland NV's Cash-to-Debt distribution charts can be found below:

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

ASR Nederland NV Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

ASR Nederland NV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	7910	/	(0	+	12900)
	=	0.61

ASR Nederland NV's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	7910	/	(0	+	12900)
	=	0.61

ASR Nederland NV (XAMS:ASRNL) 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.

ASR Nederland NV Cash-to-Debt Related Terms

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

ASR Nederland NV (XAMS:ASRNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ASR Nederland NV (XAMS:ASRNL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ASRNLa:UK 0RHS:UK A16:Germany

Address

Archimedeslaan 10, P.O. Box 2072, Utrecht, UT, NLD, 3500 HB

Website

https://www.asrnl.com

ASR Nederland NV is an insurance company. The company offers a variety of insurance policies to its customers. The business segments are Non-life; Life; Asset Management; Distribution and Services and Holding and Other. The Non-life insurance entities offer Non-life insurance contracts. Its life insurance entities offer financial products such as life insurance contracts and life insurance contracts on behalf of policyholders. The Asset Management segment involves all activities related to asset management including investment property management. Its Distribution and Services segment includes activities related to the distribution of insurance contracts.

ASR Nederland NV (XAMS:ASRNL) Headlines

No Headlines