Aeris Environmental (Aeris Environmental) Cash-to-Debt : 19.27 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Aeris Environmental 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. Aeris Environmental's cash to debt ratio for the quarter that ended in Dec. 2023 was 19.27.

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, Aeris Environmental could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

AETLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 34.66 Max: No Debt
Current: 19.3

During the past 13 years, Aeris Environmental's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 34.66.

AETLF's Cash-to-Debt is ranked better than
82.15% of 3002 companies
in the Industrial Products industry
Industry Median: 1.185 vs AETLF: 19.30

Aeris Environmental Cash-to-Debt Historical Data

The historical data trend for Aeris Environmental'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.

* Premium members only.

Aeris Environmental Cash-to-Debt Chart

Aeris Environmental Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

33.22

35.99

No Debt

22.66

Aeris Environmental 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															625.40	No Debt	118.86	22.66	19.27

Competitive Comparison of Aeris Environmental's Cash-to-Debt

For the Pollution & Treatment Controls subindustry, Aeris Environmental'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.

Aeris Environmental's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Aeris Environmental 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.

Aeris Environmental's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1.745	/	(0.042	+	0.035)
	=	22.66

Aeris Environmental'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)
	=	1.137	/	(0.024	+	0.035)
	=	19.27

Aeris Environmental (OTCPK:AETLF) 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.

Aeris Environmental Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Aeris Environmental's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Aeris Environmental (Aeris Environmental) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeris Environmental Ltd (OTCPK:AETLF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AEI:Australia

Address

Unit 5, 26-34 Dunning Avenue, Level 1, Rosebery, Sydney, NSW, AUS, 2018

Website

https://www.aeris.com.au

Aeris Environmental Ltd is engaged in the research, development, commercialization of proprietary technologies, and distribution of the AerisGuard products and provides HVAC/R Hygiene and Remediation Technology, and Energy Efficiency services. The company provides various solutions and products such as Aerisview, Aerisguard Polymers, Aeris Smarthub, Bioactive Coil Treatment, Multi Enzyme Coil Cleaner, Surface Treatment, HD Cleaner, and others. Its geographic reportable segments are Australia and International. The company generates a majority of its revenue from Australia.

Aeris Environmental (Aeris Environmental) Headlines

No Headlines