Royal Heijmans NV (XAMS:HEIJM) Cash-to-Debt : 0.21 (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Royal Heijmans 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. Royal Heijmans NV's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.21.

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

XAMS:HEIJM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 2.14 Max: 10.99
Current: 0.21

During the past 13 years, Royal Heijmans NV's highest Cash to Debt Ratio was 10.99. The lowest was 0.21. And the median was 2.14.

XAMS:HEIJM's Cash-to-Debt is ranked worse than
74.65% of 1653 companies
in the Construction industry
Industry Median: 0.62 vs XAMS:HEIJM: 0.21

Royal Heijmans NV Cash-to-Debt Historical Data

The historical data trend for Royal Heijmans 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.

Royal Heijmans NV Cash-to-Debt Chart

Royal Heijmans NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.16

1.86

2.43

2.75

0.21

Royal Heijmans NV 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															2.43	2.23	2.75	2.30	0.21

Competitive Comparison of Royal Heijmans NV's Cash-to-Debt

For the Engineering & Construction subindustry, Royal Heijmans 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.

Royal Heijmans NV's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Royal Heijmans NV's Cash-to-Debt distribution charts can be found below:

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

Royal Heijmans NV 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.

Royal Heijmans NV'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)
	=	37.035	/	(49.147	+	126.686)
	=	0.21

Royal Heijmans NV'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)
	=	37.035	/	(49.147	+	126.686)
	=	0.21

Royal Heijmans NV (XAMS:HEIJM) 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.

Royal Heijmans NV Cash-to-Debt Related Terms

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

Royal Heijmans NV (XAMS:HEIJM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Royal Heijmans NV (XAMS:HEIJM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HJN1:Germany

Address

Graafsebaan 65, Rosmalen, NB, NLD, 5248JT

Website

https://www.heijmans.nl

Royal Heijmans NV is a construction company based in the Netherlands. The company is engaged in activities related to property development, construction & technical services and infrastructure in the fields of Living, Working and Connecting. The company realises projects for home buyers, companies and government entities. The operational segments of the company are Real Estate, Construction and Technology and Infrastructure.

Royal Heijmans NV (XAMS:HEIJM) Headlines

No Headlines