Ercros (XMAD:ECR) Cash-to-Debt : N/A (As of Sep. 2023)

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What is Ercros 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. Ercros's cash to debt ratio for the quarter that ended in Sep. 2023 was N/A.

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

XMAD:ECR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.24 Max: 0.42
Current: 0.41

During the past 13 years, Ercros's highest Cash to Debt Ratio was 0.42. The lowest was 0.07. And the median was 0.24.

XMAD:ECR's Cash-to-Debt is ranked worse than
64.02% of 1551 companies
in the Chemicals industry
Industry Median: 0.73 vs XMAD:ECR: 0.41

Ercros Cash-to-Debt Historical Data

The historical data trend for Ercros'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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Ercros Cash-to-Debt Chart

Ercros Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.30

0.29

0.42

0.41

Ercros Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.41	-	0.22	N/A	-

Competitive Comparison of Ercros's Cash-to-Debt

For the Chemicals subindustry, Ercros'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.

Ercros's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ercros's Cash-to-Debt distribution charts can be found below:

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

Ercros 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.

Ercros'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)
	=	55.48	/	(30.945	+	104.482)
	=	0.41

Ercros's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Ercros (XMAD:ECR) 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.

Ercros Cash-to-Debt Related Terms

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

Ercros (XMAD:ECR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ercros SA (XMAD:ECR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0M0E:UK CRS1:Germany

Address

Avinguda Diagonal, 593-595, Barcelona, ESP, 08014

Website

http://www.ercros.es

Ercros SA is a chemical manufacturing company operating in basic and plastic chemicals divisions, intermediate chemicals division, and pharmaceuticals division. The company's product portfolio includes Caustic soda, Hydrochloric acid, Sodium chloride, Sodium hypochlorite, Glues and resins, Moulding compounds, Pentaerythritol, Erythromycin, Fosfomycin, Fusidic acid, among others. Its products are supplied to various industries including the chemical industry, construction, wood industry, paints, food industry, pharmaceuticals, electric material, and water treatment. The majority of the revenue is derived from the sale of basic chemicals in the local markets.

Ercros (XMAD:ECR) Headlines

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