Jungheinrich AG (XTER:JUN3) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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What is Jungheinrich 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. Jungheinrich AG's cash to debt ratio for the quarter that ended in Jun. 2024 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, Jungheinrich AG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

XTER:JUN3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 0.96 Max: No Debt
Current: 0.54

During the past 13 years, Jungheinrich AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.54. And the median was 0.96.

XTER:JUN3's Cash-to-Debt is ranked worse than
65.46% of 2991 companies
in the Industrial Products industry
Industry Median: 1.2 vs XTER:JUN3: 0.54

Jungheinrich AG Cash-to-Debt Historical Data

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

Jungheinrich AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.72

1.17

1.29

0.79

0.69

Jungheinrich AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	0.79	No Debt	0.69	No Debt

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

For the Specialty Industrial Machinery subindustry, Jungheinrich 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.

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

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

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

Jungheinrich 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.

Jungheinrich 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)
	=	642.568	/	(572.172	+	366.218)
	=	0.68

Jungheinrich AG's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Jungheinrich AG had no debt ⁽¹⁾.

Jungheinrich AG (XTER:JUN3) 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.

Jungheinrich AG Cash-to-Debt Related Terms

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Jungheinrich AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jungheinrich AG (XTER:JUN3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JGHAF:USA 0EXP:UK JUN3:Germany JUN3:Germany JUN3:Germany JUN3:Austria

Address

Friedrich-Ebert-Damm 129, Hamburg, DEU, 22047

Website

https://www.jungheinrich.com

Jungheinrich AG provides material handling equipment, automation, and matching services. The company is engaged in the development, production, and sale of new material handling equipment and the planning and realization of automation projects, the short-term rental of new and used material handling equipment, the refurbishment and sale of used trucks as well as after-sales services. It also supplies stacker cranes and load-handling equipment and creates fully automated intralogistics workflows with a range of automated warehouse systems, mobile robots, and software. The company's reportable segments are Intralogistics which generates key revenue, and Financial Services.

Executives

Wolff Lange	Supervisory Board
Dr. Volker Und Birgit Hues	Board of Directors
Dr. Volker Hues	Board of Directors
Andreas Wolf	Supervisory Board

Jungheinrich AG Headlines

No Headlines

Jungheinrich AG (XTER:JUN3) Cash-to-Debt : No Debt (1) (As of Jun. 2024)