Groupe Tera (XPAR:ALGTR) Cash-to-Debt : 0.32 (As of Dec. 2023)

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What is Groupe Tera 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. Groupe Tera's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.32.

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, Groupe Tera 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 Groupe Tera's Cash-to-Debt or its related term are showing as below:

XPAR:ALGTR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.32 Max: 3.43
Current: 0.32

During the past 7 years, Groupe Tera's highest Cash to Debt Ratio was 3.43. The lowest was 0.21. And the median was 0.32.

XPAR:ALGTR's Cash-to-Debt is ranked worse than
81.81% of 2479 companies
in the Hardware industry
Industry Median: 1.32 vs XPAR:ALGTR: 0.32

Groupe Tera Cash-to-Debt Historical Data

The historical data trend for Groupe Tera'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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Groupe Tera Cash-to-Debt Chart

Groupe Tera Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

3.43

1.00

0.51

0.25

0.32

Groupe Tera Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							0.51	0.35	0.25	0.51	0.32

Competitive Comparison of Groupe Tera's Cash-to-Debt

For the Scientific & Technical Instruments subindustry, Groupe Tera'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.

Groupe Tera's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Groupe Tera's Cash-to-Debt distribution charts can be found below:

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

Groupe Tera 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.

Groupe Tera'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)
	=	3.228	/	(1.917	+	8.041)
	=	0.32

Groupe Tera'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)
	=	3.228	/	(1.917	+	8.041)
	=	0.32

Groupe Tera (XPAR:ALGTR) 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.

Groupe Tera Cash-to-Debt Related Terms

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Groupe Tera (XPAR:ALGTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Groupe Tera SA (XPAR:ALGTR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

628 Rue Charles De Gaulle, Crolles, FRA, 38920

Website

http://www.groupe-tera.com

Groupe Tera SA is engaged in the field of measuring and monitoring air quality. The group works for the environmental, high technology and health sector to assist with the chemical characterisation of environment. It provides both the design of sensors for measuring the air quality and the laboratory analysis of the pollutants in the ambient air and in industrial discharges.

Groupe Tera (XPAR:ALGTR) Headlines

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