Emmi AG (XSWX:EMMN) Cash-to-Debt : 0.54 (As of Dec. 2023)

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What is Emmi AG 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. Emmi AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.54.

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

XSWX:EMMN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 0.59 Max: 0.79
Current: 0.54

During the past 13 years, Emmi AG's highest Cash to Debt Ratio was 0.79. The lowest was 0.29. And the median was 0.59.

XSWX:EMMN's Cash-to-Debt is ranked better than
50.73% of 1849 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs XSWX:EMMN: 0.54

Emmi AG Cash-to-Debt Historical Data

The historical data trend for Emmi AG'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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Emmi AG Cash-to-Debt Chart

Emmi AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.79

0.63

0.39

0.29

0.54

Emmi AG 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															0.39	0.24	0.29	0.34	0.54

Competitive Comparison of Emmi AG's Cash-to-Debt

For the Packaged Foods subindustry, Emmi AG'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.

Emmi AG's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emmi AG's Cash-to-Debt distribution charts can be found below:

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

Emmi AG 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.

Emmi AG'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)
	=	371.325	/	(69.405	+	612.892)
	=	0.54

Emmi AG'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)
	=	371.325	/	(69.405	+	612.892)
	=	0.54

Emmi AG (XSWX:EMMN) 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.

Emmi AG Cash-to-Debt Related Terms

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

Emmi AG (XSWX:EMMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Emmi AG (XSWX:EMMN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EMLZF:USA EMMNz:UK

Address

Landenbergstrasse 1, Lucerne, CHE, CH-6005

Website

https://www.emmi.com

Emmi AG is a Swiss dairy products manufacturer. The company generates revenue in Switzerland, the Americas, other European countries, and the rest of the world (below 5%). By product category, dairy products, cheese, and fresh products are the largest segments. The company also offers powder/concentrates among other products/services. The company's key brands include Caffe Latte, YoQua and Jogurtpur in the fresh products category, and Kaltbach and Der Scharfe Maxx in the cheese segment.

Emmi AG (XSWX:EMMN) Headlines

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