Linde Bangladesh (DHA:LINDEBD) Cash-to-Debt

: 158.22 (As of Sep. 2023)

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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. Linde Bangladesh's cash to debt ratio for the quarter that ended in Sep. 2023 was 158.22.

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, Linde Bangladesh could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

DHA:LINDEBD' s Cash-to-Debt Range Over the Past 10 Years
Min: 94.77 Med: 221.76 Max: No Debt
Current: 158.22

During the past 10 years, Linde Bangladesh's highest Cash to Debt Ratio was No Debt. The lowest was 94.77. And the median was 221.76.

DHA:LINDEBD's Cash-to-Debt is ranked better than
92.85% of 1553 companies
in the Chemicals industry
Industry Median: 0.75 vs DHA:LINDEBD: 158.22

Linde Bangladesh Cash-to-Debt Historical Data

The historical data trend for Linde Bangladesh'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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Linde Bangladesh Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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No Debt

221.76

224.25

94.77

122.69

Linde Bangladesh Quarterly Data
	Dec15	Dec16	Dec17	Dec18	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															113.54	122.69	160.01	183.73	158.22

Competitive Comparison

For the Specialty Chemicals subindustry, Linde Bangladesh'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.

Linde Bangladesh Cash-to-Debt Distribution

For the Chemicals industry and Basic Materials sector, Linde Bangladesh's Cash-to-Debt distribution charts can be found below:

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

Linde Bangladesh 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.

Linde Bangladesh'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)
	=	2520.495	/	(4.771	+	15.773)
	=	122.69

Linde Bangladesh'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)
	=	2626.244	/	(5.59	+	11.009)
	=	158.22

Linde Bangladesh (DHA:LINDEBD) 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.

Linde Bangladesh Cash-to-Debt Related Terms

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Linde Bangladesh (DHA:LINDEBD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Linde Bangladesh Ltd (DHA:LINDEBD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

285 Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

http://www.linde.com.bd

Linde Bangladesh Ltd is engaged in providing gas and engineering solutions. The company manufactures and supply of industrial and medical gases, welding products and equipment, and ancillary equipment. The company segments include Bulk gases, Package gases and products (PG&P), and Healthcare. The company generates maximum revenue from the Package gases and products segment through which it manufactures and supplies industrial compressed packaged gases and wielding goods which include compressed industrial oxygen, dissolved acetylene, nitrogen, argon, carbon dioxide, and electrodes. Its products include Industrial gases, Hardgoods filler materials and equipment, and medical gases and equipment.

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