Carlson Investments SE (FRA:2HB) Cash-to-Debt : 2.65 (As of Sep. 2023)

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What is Carlson Investments SE 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. Carlson Investments SE's cash to debt ratio for the quarter that ended in Sep. 2023 was 2.65.

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, Carlson Investments SE 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 Carlson Investments SE's Cash-to-Debt or its related term are showing as below:

FRA:2HB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: No Debt Max: No Debt
Current: 2.65

During the past 13 years, Carlson Investments SE's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was No Debt.

FRA:2HB's Cash-to-Debt is ranked better than
79.63% of 378 companies
in the Building Materials industry
Industry Median: 0.46 vs FRA:2HB: 2.65

Carlson Investments SE Cash-to-Debt Historical Data

The historical data trend for Carlson Investments SE'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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Carlson Investments SE Cash-to-Debt Chart

Carlson Investments SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

1.05

1.94

2.70

2.46

Carlson Investments SE 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															No Debt	2.46	0.63	0.16	2.65

Competitive Comparison of Carlson Investments SE's Cash-to-Debt

For the Building Materials subindustry, Carlson Investments SE'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.

Carlson Investments SE's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Carlson Investments SE's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Carlson Investments SE's Cash-to-Debt falls into.

Carlson Investments SE 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.

Carlson Investments SE'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)
	=	0.692	/	(0.261	+	0.02)
	=	2.46

Carlson Investments SE'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)
	=	0.748	/	(0.282	+	0)
	=	2.65

Carlson Investments SE (FRA:2HB) 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.

Carlson Investments SE Cash-to-Debt Related Terms

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Carlson Investments SE (FRA:2HB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Carlson Investments SE (FRA:2HB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CAI:Poland

Address

Sienna 72/6, Warsaw, POL, 00-831

Website

https://www.carlsonvc.com

Carlson Investments SE is engaged in the manufacturing of building products. The company's core product is the HOTBLOK System of concrete blocks with an insulation insert for raising single-leaf walls of energy-saving and passive houses.

Carlson Investments SE (FRA:2HB) Headlines

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