Indus Holding AG (Indus Holding AG) Cash-to-Debt : 0.34 (As of Dec. 2023)

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What is Indus Holding 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. Indus Holding AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.34.

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

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

INDHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.25 Max: 0.34
Current: 0.34

During the past 13 years, Indus Holding AG's highest Cash to Debt Ratio was 0.34. The lowest was 0.18. And the median was 0.25.

INDHF's Cash-to-Debt is ranked worse than
59.2% of 522 companies
in the Conglomerates industry
Industry Median: 0.49 vs INDHF: 0.34

Indus Holding AG Cash-to-Debt Historical Data

The historical data trend for Indus Holding 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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Indus Holding AG Cash-to-Debt Chart

Indus Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.20

0.27

0.21

0.18

0.34

Indus Holding AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.18	0.16	0.16	0.21	0.34

Competitive Comparison of Indus Holding AG's Cash-to-Debt

For the Conglomerates subindustry, Indus Holding 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.

Indus Holding AG's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Indus Holding AG's Cash-to-Debt distribution charts can be found below:

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

Indus Holding 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.

Indus Holding AG's Cash to Debt Ratio for the fiscal year 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)
	=	289.905	/	(167.774	+	674.113)
	=	0.34

Indus Holding AG'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)
	=	289.905	/	(167.774	+	674.113)
	=	0.34

Indus Holding AG (OTCPK:INDHF) 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.

Indus Holding AG Cash-to-Debt Related Terms

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Indus Holding AG (Indus Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Indus Holding AG (OTCPK:INDHF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0EUH:UK INH:Germany INH:Austria

Address

Kolner Strasse 32, Bergisch Gladbach, NW, DEU, 51429

Website

https://www.indus.de

Indus Holding AG is a holding company investing in small and midsize enterprises in German-speaking regions. The company primarily focuses on owner-managed companies with a strong presence in niche markets. Investments span from construction and infrastructure, automotive technology, engineering, medical engineering, and life sciences, to metals technology.

Indus Holding AG (Indus Holding AG) Headlines

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