Lion E-Mobility AG (XTER:LMIA) Cash-to-Debt : 3.81 (As of Dec. 2023)

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What is Lion E-Mobility 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. Lion E-Mobility AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.81.

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, Lion E-Mobility AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XTER:LMIA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 1.92 Max: 4.41
Current: 3.81

During the past 12 years, Lion E-Mobility AG's highest Cash to Debt Ratio was 4.41. The lowest was 0.29. And the median was 1.92.

XTER:LMIA's Cash-to-Debt is ranked better than
69% of 2994 companies
in the Industrial Products industry
Industry Median: 1.18 vs XTER:LMIA: 3.81

Lion E-Mobility AG Cash-to-Debt Historical Data

The historical data trend for Lion E-Mobility 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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Lion E-Mobility AG Cash-to-Debt Chart

Lion E-Mobility AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.23

3.38

1.16

2.09

3.81

Lion E-Mobility AG Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							3.23	3.38	1.16	2.09	3.81

Competitive Comparison of Lion E-Mobility AG's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Lion E-Mobility 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.

Lion E-Mobility AG's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Lion E-Mobility 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.

Lion E-Mobility 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)
	=	4.411	/	(0.387	+	0.77)
	=	3.81

Lion E-Mobility 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)
	=	4.411	/	(0.387	+	0.77)
	=	3.81

Lion E-Mobility AG (XTER:LMIA) 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.

Lion E-Mobility AG Cash-to-Debt Related Terms

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Lion E-Mobility AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lion E-Mobility AG (XTER:LMIA) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

LMI:Germany LMIA:Germany

Address

Lindenstrasse 16, Baar, CHE, 6340

Website

https://www.lionemobility.com

Lion E-Mobility AG is engaged in the field of electrical energy storage and lithium-ion battery technology. The main business activities are carried out within the subsidiary LION Smart GmbH, which develops and sells battery packs and battery management systems, and its associate TUV SUD Battery Testing GmbH, which tests and certifies storage systems for electrical energy.