Schumag AG (FRA:SCM) Cash-to-Debt : 0.15 (As of Mar. 2023)

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What is Schumag AG 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. Schumag AG's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.15.

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, Schumag AG couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

FRA:SCM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 1.2 Max: 4.43
Current: 0.15

During the past 13 years, Schumag AG's highest Cash to Debt Ratio was 4.43. The lowest was 0.15. And the median was 1.20.

FRA:SCM's Cash-to-Debt is not ranked
in the Industrial Products industry.
Industry Median: 1.22 vs FRA:SCM: 0.15

Schumag AG Cash-to-Debt Historical Data

The historical data trend for Schumag AG'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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Schumag AG Cash-to-Debt Chart

Schumag AG Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Cash-to-Debt

Get a 7-Day Free Trial

3.73

2.36

0.84

0.69

0.24

Schumag AG Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial															0.38	0.24	0.41	0.23	0.15

Competitive Comparison of Schumag AG's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Schumag AG'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.

Schumag AG's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Schumag AG 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.

Schumag AG's Cash to Debt Ratio for the fiscal year that ended in Sep. 2021 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)
	=	1.743	/	(4.77	+	2.632)
	=	0.24

Schumag AG's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	2.074	/	(7.069	+	6.92)
	=	0.15

Schumag AG (FRA:SCM) 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.

Schumag AG Cash-to-Debt Related Terms

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Schumag AG (FRA:SCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schumag AG (FRA:SCM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nerscheider Weg 170, Aachen, DEU, D-52076

Website

http://www.schumag.de

Schumag AG is a Germany-based company engaged in the machinery and precision mechanics manufacture. It operates in one business segment being Precision Engineering, which produces automotive parts, components for precision measuring and indicating equipment, precision axles for a range of household's appliances, components for medical. It also produces optical equipment, standard precision parts for injection molding and pressure die-casting as well as precision parts in small lot sizes manufactured according to the customers' drawings. Its products include Control pistons, valve pistons, plungers, Plunger barrel combinations and High-pressure relief valves.