SAB Finance AS (XPRA:SABFG) Cash-to-Debt : 3.19 (As of Dec. 2023)

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What is SAB Finance 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. SAB Finance AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.19.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, SAB Finance AS could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XPRA:SABFG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.14 Max: 3.19
Current: 3.19

During the past 7 years, SAB Finance AS's highest Cash to Debt Ratio was 3.19. The lowest was 0.00. And the median was 0.14.

XPRA:SABFG's Cash-to-Debt is ranked better than
55.81% of 792 companies
in the Capital Markets industry
Industry Median: 2.165 vs XPRA:SABFG: 3.19

SAB Finance AS Cash-to-Debt Historical Data

The historical data trend for SAB Finance 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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SAB Finance AS Cash-to-Debt Chart

SAB Finance AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.28

1.71

3.19

SAB Finance AS Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							0.28	0.12	1.71	32.79	3.19

Competitive Comparison of SAB Finance AS's Cash-to-Debt

For the Capital Markets subindustry, SAB Finance 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.

SAB Finance AS's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SAB Finance AS's Cash-to-Debt distribution charts can be found below:

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

SAB Finance 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.

SAB Finance AS'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)
	=	2005.242	/	(0	+	628.114)
	=	3.19

SAB Finance AS'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)
	=	2005.242	/	(0	+	628.114)
	=	3.19

SAB Finance AS (XPRA:SABFG) 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.

SAB Finance AS Cash-to-Debt Related Terms

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

SAB Finance AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAB Finance AS (XPRA:SABFG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senovazne namisti 1375/19, 1 Novv Misto, Praha, CZE

Website

https://www.sab.cz

SAB Finance AS is engaged in providing International Payment Solutions considering the foreign exchange fluctuations. Its platform allows to make outgoing payments and receive incoming payments. Some of the services offered by the company include Market Watch, Foreign Currency Analysis, Regular Payments, and Multi-Payments.

SAB Finance AS Headlines

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