Mutares SE KGaA (XTER:MUX) Cash-to-Debt : 0.49 (As of Jun. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Mutares SE KGaA 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. Mutares SE KGaA's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.49.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Mutares SE KGaA couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

XTER:MUX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: 1.38 Max: No Debt
Current: 0.49

During the past 13 years, Mutares SE KGaA's highest Cash to Debt Ratio was No Debt. The lowest was 0.41. And the median was 1.38.

XTER:MUX's Cash-to-Debt is ranked worse than
67.2% of 1448 companies
in the Asset Management industry
Industry Median: 5.705 vs XTER:MUX: 0.49

Mutares SE KGaA Cash-to-Debt Historical Data

The historical data trend for Mutares SE KGaA'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.

* Premium members only.

Mutares SE KGaA Cash-to-Debt Chart

Mutares SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.58

0.53

0.79

0.60

0.75

Mutares SE KGaA Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															1.72	No Debt	0.75	No Debt	0.49

Competitive Comparison of Mutares SE KGaA's Cash-to-Debt

For the Asset Management subindustry, Mutares SE KGaA'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.

Mutares SE KGaA's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mutares SE KGaA's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mutares SE KGaA's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Mutares SE KGaA 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.

Mutares SE KGaA'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)
	=	702.3	/	(245.5	+	685.9)
	=	0.75

Mutares SE KGaA'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)
	=	561	/	(253.9	+	896.1)
	=	0.49

Mutares SE KGaA (XTER:MUX) 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.

Mutares SE KGaA Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Mutares SE KGaA's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Mutares SE KGaA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mutares SE & Co KGaA (XTER:MUX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0W2C:UK MUXd:UK MUXG:Austria

Address

Arnulfstrasse 19, Munich, DEU, 80335

Website

https://www.mutares.de

Mutares SE & Co KGaA is a holding company. Its primary business is to acquire small and medium-sized companies in special situations. The company's operating segment includes the Automotive & Mobility segment includes the acquired companies that are engaged in the supplying of rubber mouldings, components for commercial vehicles, and others; the Engineering and Technology segment includes acquired companies that are engaged in the supplying of coating for oil and gas pipelines, components for increasing efficiency, provider of steel structures, roof and facade systems, and others; Goods and services segment includes acquired companies that are engaged in the manufacturing of packaging solutions, iron wire, paper household products, and logistics services.

Executives

Johannes Laumann	Board of Directors
Mark Friedrich	Board of Directors
Herr Volker Rofalski	Supervisory Board
Dr. Lennart Schley	Board of Directors
Dr. Axel Müller	Supervisory Board
Robin Laik	Board of Directors
Julia Und Mark Friedrich	Board of Directors
Dr. Kristian Schleede	Supervisory Board
Prof. Dr. Micha Bloching	Supervisory Board