Agfa-Gevaert NV (Agfa-Gevaert NV) Cash-to-Debt : 0.62 (As of Sep. 2023)

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

What is Agfa-Gevaert NV 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. Agfa-Gevaert NV's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.62.

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, Agfa-Gevaert NV 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 Agfa-Gevaert NV's Cash-to-Debt or its related term are showing as below:

AFGVY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.71 Max: 7.84
Current: 0.62

During the past 13 years, Agfa-Gevaert NV's highest Cash to Debt Ratio was 7.84. The lowest was 0.22. And the median was 0.71.

AFGVY's Cash-to-Debt is ranked worse than
63.89% of 2999 companies
in the Industrial Products industry
Industry Median: 1.22 vs AFGVY: 0.62

Agfa-Gevaert NV Cash-to-Debt Historical Data

The historical data trend for Agfa-Gevaert NV'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.

Agfa-Gevaert NV Cash-to-Debt Chart

Agfa-Gevaert NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.50

0.33

7.24

5.48

2.14

Agfa-Gevaert NV 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															2.27	2.14	1.29	0.56	0.62

Competitive Comparison of Agfa-Gevaert NV's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Agfa-Gevaert NV'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.

Agfa-Gevaert NV's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Agfa-Gevaert NV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Agfa-Gevaert NV's Cash-to-Debt falls into.

Agfa-Gevaert NV 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.

Agfa-Gevaert NV'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)
	=	147.246	/	(25.424	+	43.432)
	=	2.14

Agfa-Gevaert NV'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)
	=	57.631	/	(19.21	+	73.639)
	=	0.62

Agfa-Gevaert NV (OTCPK:AFGVY) 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.

Agfa-Gevaert NV Cash-to-Debt Related Terms

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

Agfa-Gevaert NV (Agfa-Gevaert NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Agfa-Gevaert NV (OTCPK:AFGVY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AFGVF:USA 0MFU:UK AGE:Germany AGFB:Belgium

Address

Septestraat 27, Mortsel, BEL, B-2640

Website

https://www.agfa.com

Agfa-Gevaert NV develops, produces, and distributes a range of analog and digital imaging systems and information technology solutions, for the printing sector, healthcare sector, and specific industrial applications. The company's operating segment includes Offset Solutions; Digital Print and Chemicals; Radiology Solutions and Healthcare IT. It generates maximum revenue from the Offset Solutions segment. The Offset Solutions division is a supplier to the offset printing industry, offering commercial, newspaper, and packaging printers and an extensive range of integrated prepress and printing solutions.

Agfa-Gevaert NV (Agfa-Gevaert NV) Headlines

From GuruFocus

Frost & Sullivan white paper highlights the role of SmartRotate� in improving radiography workflows

By PRNewswire PRNewswire • 06-12-2023