Alpha Adriatic JSC (ZAG:ULPL) Cash-to-Debt : 0.12 (As of Sep. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Alpha Adriatic JSC 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. Alpha Adriatic JSC's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.12.

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, Alpha Adriatic JSC couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

ZAG:ULPL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.15
Current: 0.12

During the past 13 years, Alpha Adriatic JSC's highest Cash to Debt Ratio was 0.15. The lowest was 0.00. And the median was 0.03.

ZAG:ULPL's Cash-to-Debt is ranked worse than
80.5% of 969 companies
in the Transportation industry
Industry Median: 0.49 vs ZAG:ULPL: 0.12

Alpha Adriatic JSC Cash-to-Debt Historical Data

The historical data trend for Alpha Adriatic JSC'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.

Alpha Adriatic JSC Cash-to-Debt Chart

Alpha Adriatic JSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.03

0.06

0.08

Alpha Adriatic JSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.13	0.08	0.15	0.14	0.12

Competitive Comparison of Alpha Adriatic JSC's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, Alpha Adriatic JSC'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.

Alpha Adriatic JSC's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Alpha Adriatic JSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Alpha Adriatic JSC's Cash-to-Debt falls into.

Alpha Adriatic JSC 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.

Alpha Adriatic JSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	4.987	/	(15.717	+	47.831)
	=	0.08

Alpha Adriatic JSC's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	3.174	/	(16.064	+	9.926)
	=	0.12

Alpha Adriatic JSC (ZAG:ULPL) 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.

Alpha Adriatic JSC Cash-to-Debt Related Terms

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

Alpha Adriatic JSC (ZAG:ULPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alpha Adriatic JSC (ZAG:ULPL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carrara 6, Pula, HRV, 52100

Website

http://www.uljaniksm.com

Alpha Adriatic JSC formerly known as Uljanik Plovidba dd operates in the integrated shipping and logistics industry in Croatia. The company is engaged in shipping of bulk and liquid cargo like petroleum products and chemicals, and provision of different types of services related to maritime activities.

Alpha Adriatic JSC (ZAG:ULPL) Headlines

No Headlines