Bastei Lubbe AG (XTER:BST) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Bastei Lubbe 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. Bastei Lubbe AG's cash to debt ratio for the quarter that ended in Dec. 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, Bastei Lubbe AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Bastei Lubbe AG's Cash-to-Debt or its related term are showing as below:

XTER:BST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: No Debt Max: No Debt
Current: 2.04

During the past 13 years, Bastei Lubbe AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was No Debt.

XTER:BST's Cash-to-Debt is ranked better than
57.41% of 1033 companies
in the Media - Diversified industry
Industry Median: 1.25 vs XTER:BST: 2.04

Bastei Lubbe AG Cash-to-Debt Historical Data

The historical data trend for Bastei Lubbe 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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Bastei Lubbe AG Cash-to-Debt Chart

Bastei Lubbe AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.18

0.30

1.11

1.58

2.03

Bastei Lubbe AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	2.03	No Debt	No Debt	No Debt

Competitive Comparison of Bastei Lubbe AG's Cash-to-Debt

For the Publishing subindustry, Bastei Lubbe 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.

Bastei Lubbe AG's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bastei Lubbe AG's Cash-to-Debt distribution charts can be found below:

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

Bastei Lubbe 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.

Bastei Lubbe AG's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	19.617	/	(2.086	+	7.578)
	=	2.03

Bastei Lubbe AG's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Bastei Lubbe AG had no debt ⁽¹⁾.

Bastei Lubbe AG (XTER:BST) 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.

Bastei Lubbe AG Cash-to-Debt Related Terms

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Bastei Lubbe AG (XTER:BST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bastei Lubbe AG (XTER:BST) » Definitions » Cash-to-Debt

Traded in Other Exchanges

BST:Germany BST:Germany BST:Germany

Address

Schanzenstrasse 6-20, Cologne, DEU, 51063

Website

https://www.luebbe.com

Bastei Lubbe AG Formerly Bastei Luebbe AG is a media company in the form of a publishing house. The company publishes books, audiobooks, eBooks, and other digital products in the genres of fiction and popular science, as well as periodicals including novel booklets and puzzle magazines. Its operating segment includes Books; and Novel booklets. The company generates maximum revenue from the Books segment. Geographically, it derives a majority of its revenue from Germany.