Forsstrom High Frequency AB (XSAT:FOHF B) Cash-to-Debt : 0.27 (As of Apr. 2014)

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What is Forsstrom High Frequency AB 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. Forsstrom High Frequency AB's cash to debt ratio for the quarter that ended in Apr. 2014 was 0.27.

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, Forsstrom High Frequency AB couldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2014.

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

XSAT:FOHF B' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.17 Max: 4.1
Current: 0.27

During the past 6 years, Forsstrom High Frequency AB's highest Cash to Debt Ratio was 4.10. The lowest was 0.00. And the median was 0.17.

XSAT:FOHF B's Cash-to-Debt is not ranked
in the industry.
Industry Median: vs XSAT:FOHF B: 0.27

Forsstrom High Frequency AB Cash-to-Debt Historical Data

The historical data trend for Forsstrom High Frequency AB'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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Forsstrom High Frequency AB Cash-to-Debt Chart

Forsstrom High Frequency AB Annual Data

Trend

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

Cash-to-Debt

Get a 7-Day Free Trial

0.07

4.10

0.85

0.27

Forsstrom High Frequency AB Semi-Annual Data
	Apr10	Oct10	Apr11	Apr12	Oct12	Apr13	Oct13	Apr14
Cash-to-Debt	Get a 7-Day Free Trial			0.85	No Debt	-	0.05	0.27

Competitive Comparison of Forsstrom High Frequency AB's Cash-to-Debt

For the subindustry, Forsstrom High Frequency AB'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.

Forsstrom High Frequency AB's Cash-to-Debt Distribution in the Industry

For the industry and sector, Forsstrom High Frequency AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Forsstrom High Frequency AB's Cash-to-Debt falls into.

Forsstrom High Frequency AB 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.

Forsstrom High Frequency AB's Cash to Debt Ratio for the fiscal year that ended in Apr. 2014 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)
	=	2.316	/	(4.438	+	4.022)
	=	0.27

Forsstrom High Frequency AB's Cash to Debt Ratio for the quarter that ended in Apr. 2014 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)
	=	2.316	/	(4.438	+	4.022)
	=	0.27

Forsstrom High Frequency AB (XSAT:FOHF B) 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.

Forsstrom High Frequency AB Cash-to-Debt Related Terms

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Forsstrom High Frequency AB (XSAT:FOHF B) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.forsstrom.com

Forsstrom High Frequency AB manufactures and sells machines for welding PVC and PU material through the use of high frequency (HF) technology.

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