Klingelnberg AG (XSWX:KLIN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Klingelnberg 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. Klingelnberg AG's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

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, Klingelnberg AG could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

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

XSWX:KLIN' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.37 Med: No Debt Max: No Debt
Current: No Debt

During the past 6 years, Klingelnberg AG's highest Cash to Debt Ratio was No Debt. The lowest was 1.37. And the median was No Debt.

XSWX:KLIN's Cash-to-Debt is ranked better than
99.8% of 3004 companies
in the Industrial Products industry
Industry Median: 1.22 vs XSWX:KLIN: No Debt

Klingelnberg AG Cash-to-Debt Historical Data

The historical data trend for Klingelnberg 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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Klingelnberg AG Cash-to-Debt Chart

Klingelnberg AG Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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6.08

No Debt

Klingelnberg AG Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Specialty Industrial Machinery subindustry, Klingelnberg 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.

Klingelnberg AG's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Klingelnberg AG's Cash-to-Debt distribution charts can be found below:

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

Klingelnberg 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.

Klingelnberg AG's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Klingelnberg AG had no debt ⁽¹⁾.

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

Klingelnberg AG had no debt ⁽¹⁾.

Klingelnberg AG (XSWX:KLIN) 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.

Klingelnberg AG Cash-to-Debt Related Terms

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Klingelnberg AG (XSWX:KLIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Klingelnberg AG (XSWX:KLIN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KLINz:UK

Address

Binzmuhlestrasse 171, Zurich, CHE, 8050

Website

https://www.klingelnberg.com

Klingelnberg AG operates its business in the gear industry. The company is engaged in the development, manufacturing, and selling of gearing machines. Its business segment include: Bevel Gear; Cylindrical Gear; Measuring Centers, and Drive Technology. The company generates the majority of its revenue from Measuring Centers. The company serves automotive, truck, aircraft, agriculture, construction, power tool, marine industries, and various industrial equipment markets. The company is geographically present across Italy, France, Spain, Russia, Japan, India, China, Brazil, the United States, and Mexico.

Klingelnberg AG (XSWX:KLIN) Headlines

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Klingelnberg AG (XSWX:KLIN) Cash-to-Debt : No Debt (1) (As of Sep. 2023)