TELES AG Informationstechnologien (FRA:TLIK) Cash-to-Debt : 0.23 (As of Sep. 2023)

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What is TELES AG Informationstechnologien 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. TELES AG Informationstechnologien's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.23.

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

(1) 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.

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

FRA:TLIK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: No Debt Max: No Debt
Current: 0.23

During the past 13 years, TELES AG Informationstechnologien's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

FRA:TLIK's Cash-to-Debt is ranked worse than
87% of 2470 companies
in the Hardware industry
Industry Median: 1.38 vs FRA:TLIK: 0.23

TELES AG Informationstechnologien Cash-to-Debt Historical Data

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

TELES AG Informationstechnologien Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.46

No Debt

TELES AG Informationstechnologien 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															1.03	No Debt	0.05	0.18	0.23

Competitive Comparison of TELES AG Informationstechnologien's Cash-to-Debt

For the Communication Equipment subindustry, TELES AG Informationstechnologien'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.

TELES AG Informationstechnologien's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TELES AG Informationstechnologien's Cash-to-Debt distribution charts can be found below:

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

TELES AG Informationstechnologien 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.

TELES AG Informationstechnologien's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

TELES AG Informationstechnologien had no debt ⁽¹⁾.

TELES AG Informationstechnologien'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)
	=	2.496	/	(8.342	+	2.484)
	=	0.23

TELES AG Informationstechnologien (FRA:TLIK) 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.

TELES AG Informationstechnologien Cash-to-Debt Related Terms

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TELES AG Informationstechnologien (FRA:TLIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TELES AG Informationstechnologien (FRA:TLIK) » Definitions » Cash-to-Debt

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TLIK:Germany

Address

Ordensmeisterstr. 15-16, Berlin, DEU, 12099

Website

https://www.teles.com

TELES AG Informationstechnologien is active in the business areas of telecommunications and pharmaceuticals. TELES Carrier Solutions supplies digitization solutions for the development and maintenance of telecommunications networks to national and international carriers. TELES migrates traditional TDM/SDH networks to All-IP networks and offers cloud-based Unified Communication as a Service. TELES Pharma combines the management of large data volumes in the pharmaceutical industry and drug supply. The company continues to actively pursue cooperation and acquisitions both in the software and service area of the telecommunications market and in the expansion field of pharmaceuticals and digitization.

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