Syzygy AG (XTER:SYZ) Cash-to-Debt : 0.19 (As of Mar. 2024)

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What is Syzygy 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. Syzygy AG's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.19.

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, Syzygy AG couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XTER:SYZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: No Debt Max: No Debt
Current: 0.19

During the past 13 years, Syzygy AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was No Debt.

XTER:SYZ's Cash-to-Debt is ranked worse than
79.32% of 1035 companies
in the Media - Diversified industry
Industry Median: 1.28 vs XTER:SYZ: 0.19

Syzygy AG Cash-to-Debt Historical Data

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

Syzygy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.17

0.22

0.13

0.29

0.17

Syzygy AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	0.17	0.19

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

For the Advertising Agencies subindustry, Syzygy 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.

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

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

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

Syzygy 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.

Syzygy 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)
	=	4.121	/	(8.291	+	16.157)
	=	0.17

Syzygy AG's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	4.504	/	(6.97	+	16.64)
	=	0.19

Syzygy AG (XTER:SYZ) 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.

Syzygy AG Cash-to-Debt Related Terms

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

Syzygy AG (XTER:SYZ) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SYZ:Germany SYZ:Germany SYZ:Germany

Address

Horexstrasse 28, Bad Homburg V.D.H., HE, DEU, 61352

Website

https://www.syzygy.net

Syzygy AG is a Germany-based company. It is a provider of creative, technological, and media services for digital marketing. It acts as a management holding company that provides its subsidiaries with central services relating to design, planning, technology development, accounting, information technology infrastructure, and finance. The company receives maximum revenue from the product areas of online marketing and design and technical realization. Geographically, Germany accounts to the majority of the revenue of the firm.

Syzygy AG (XTER:SYZ) Headlines

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