Frequentis AG (XTER:FQT) Cash-to-Debt : 1.43 (As of Jun. 2024)

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What is Frequentis 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. Frequentis AG's cash to debt ratio for the quarter that ended in Jun. 2024 was 1.43.

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, Frequentis AG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

XTER:FQT' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.32 Med: 2.01 Max: 6.81
Current: 1.43

During the past 8 years, Frequentis AG's highest Cash to Debt Ratio was 6.81. The lowest was 1.32. And the median was 2.01.

XTER:FQT's Cash-to-Debt is ranked better than
51.65% of 2459 companies
in the Hardware industry
Industry Median: 1.31 vs XTER:FQT: 1.43

Frequentis AG Cash-to-Debt Historical Data

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

Frequentis AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.57

2.00

2.47

2.27

2.05

Frequentis AG Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial										2.15	2.27	1.69	2.05	1.43

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

For the Communication Equipment subindustry, Frequentis 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.

Frequentis AG's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Frequentis AG's Cash-to-Debt distribution charts can be found below:

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

Frequentis 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.

Frequentis 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)
	=	85.284	/	(10.938	+	30.619)
	=	2.05

Frequentis AG's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	67.362	/	(11.513	+	35.625)
	=	1.43

Frequentis AG (XTER:FQT) 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.

Frequentis AG Cash-to-Debt Related Terms

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Frequentis AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frequentis AG (XTER:FQT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FQT:Germany FQT:Austria

Address

Innovationstrasse 1, Vienna, AUT, 1100

Website

https://www.frequentis.com

Frequentis AG provides communication and information solutions for safety-critical applications. The company serves the air traffic management sector; public safety, public transport; and maritime markets. It offers Custom-tailored control center solutions through the operating segments of Air Traffic Management (ATM); Public Safety and Transport. It derives a majority of its revenue from the Air Traffic Management segment whose main customers are civil and military air traffic control organizations and homeland security authorities. Public Safety and Transport segment comprise the public safety, public transport, and maritime business units. The order intake is majorly from the European market.

Frequentis AG Headlines

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