Cakovecki Mlinovi DD (ZAG:CKML) Cash-to-Debt : 3.88 (As of Sep. 2024)

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What is Cakovecki Mlinovi DD 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. Cakovecki Mlinovi DD's cash to debt ratio for the quarter that ended in Sep. 2024 was 3.88.

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, Cakovecki Mlinovi DD could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

ZAG:CKML' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 1.01 Max: 6.57
Current: 3.88

During the past 13 years, Cakovecki Mlinovi DD's highest Cash to Debt Ratio was 6.57. The lowest was 0.14. And the median was 1.01.

ZAG:CKML's Cash-to-Debt is ranked better than
78.06% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs ZAG:CKML: 3.88

Cakovecki Mlinovi DD Cash-to-Debt Historical Data

The historical data trend for Cakovecki Mlinovi DD'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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Cakovecki Mlinovi DD Cash-to-Debt Chart

Cakovecki Mlinovi DD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.69

1.10

0.54

1.25

2.78

Cakovecki Mlinovi DD Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															5.80	6.57	2.78	3.60	3.88

Competitive Comparison of Cakovecki Mlinovi DD's Cash-to-Debt

For the Packaged Foods subindustry, Cakovecki Mlinovi DD'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.

Cakovecki Mlinovi DD's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cakovecki Mlinovi DD's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cakovecki Mlinovi DD's Cash-to-Debt falls into.

Cakovecki Mlinovi DD 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.

Cakovecki Mlinovi DD'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)
	=	23.879	/	(5.625	+	2.974)
	=	2.78

Cakovecki Mlinovi DD's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	32.212	/	(4.496	+	3.799)
	=	3.88

Cakovecki Mlinovi DD (ZAG:CKML) 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.

Cakovecki Mlinovi DD Cash-to-Debt Related Terms

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

Cakovecki Mlinovi DD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cakovecki Mlinovi DD (ZAG:CKML) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mlinska 1, Cakovec, HRV, 40000

Website

http://www.cak-mlinovi.hr

Cakovecki Mlinovi DD is engaged in production and trade of food products. The company's activity includes milling, bakery, and pumpkin oil production. Some of its products are frozen puff pastry, tea biscuits, steamed white bread, wheat white bread, mini pizza, chocolate croissant, walnut loaf cake, cheese cornbread, and others. The company has two segments: Trade and Food, out of which maximum revenue is derived from Trade segment.

Cakovecki Mlinovi DD Headlines

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