Ackermans & Van Haaren NV (Ackermans & Van Haaren NV) Cash-to-Debt : 0.32 (As of Dec. 2023)

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What is Ackermans & Van Haaren 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. Ackermans & Van Haaren NV's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.32.

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, Ackermans & Van Haaren NV couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Ackermans & Van Haaren NV's Cash-to-Debt or its related term are showing as below:

AVHNY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.25 Max: 0.32
Current: 0.32

During the past 13 years, Ackermans & Van Haaren NV's highest Cash to Debt Ratio was 0.32. The lowest was 0.19. And the median was 0.25.

AVHNY's Cash-to-Debt is ranked worse than
67.21% of 1665 companies
in the Construction industry
Industry Median: 0.63 vs AVHNY: 0.32

Ackermans & Van Haaren NV Cash-to-Debt Historical Data

The historical data trend for Ackermans & Van Haaren 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.

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Ackermans & Van Haaren NV Cash-to-Debt Chart

Ackermans & Van Haaren NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.22

0.26

0.29

0.26

0.32

Ackermans & Van Haaren NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.29	0.19	0.26	0.17	0.32

Competitive Comparison of Ackermans & Van Haaren NV's Cash-to-Debt

For the Engineering & Construction subindustry, Ackermans & Van Haaren 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.

Ackermans & Van Haaren NV's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ackermans & Van Haaren NV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ackermans & Van Haaren NV's Cash-to-Debt falls into.

Ackermans & Van Haaren 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.

Ackermans & Van Haaren NV'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)
	=	3328.577	/	(7935.173	+	2608.17)
	=	0.32

Ackermans & Van Haaren NV's Cash to Debt Ratio for the quarter 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)
	=	3328.577	/	(7935.173	+	2608.17)
	=	0.32

Ackermans & Van Haaren NV (OTCPK:AVHNY) 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.

Ackermans & Van Haaren NV Cash-to-Debt Related Terms

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Ackermans & Van Haaren NV (Ackermans & Van Haaren NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ackermans & Van Haaren NV (OTCPK:AVHNY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AVHNF:USA ACKBb:UK 0GYM:UK B3K:Germany ACKB:Belgium

Address

Begijnenvest 113, Antwerp, BEL, 2000

Website

https://www.avh.be

Ackermans & Van Haaren NV is a global investment company with five core business segments, including Marine Engineering and Contracting, Private Banking, Real Estate and Senior Care, Energy and resources, and AvH and Growth Capital. The company has a long-term, activist orientation focused on making investments in growth companies with international exposure. A plurality of its net profit mix is derived from its Marine Engineering & Contracting segment, followed closely by its Private Banking & real estate and senior care division.