Peab AB (LTS:0MHT) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Peab AB 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. Peab AB's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, Peab AB 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 Peab AB's Cash-to-Debt or its related term are showing as below:

LTS:0MHT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.21
Current: 0.07

During the past 13 years, Peab AB's highest Cash to Debt Ratio was 0.21. The lowest was 0.03. And the median was 0.10.

LTS:0MHT's Cash-to-Debt is ranked worse than
90.2% of 1664 companies
in the Construction industry
Industry Median: 0.62 vs LTS:0MHT: 0.07

Peab AB Cash-to-Debt Historical Data

The historical data trend for Peab AB'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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Peab AB Cash-to-Debt Chart

Peab AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.08

0.20

0.08

0.07

Peab AB 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															0.08	0.09	0.06	0.05	0.07

Competitive Comparison of Peab AB's Cash-to-Debt

For the Engineering & Construction subindustry, Peab AB'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.

Peab AB's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Peab AB's Cash-to-Debt distribution charts can be found below:

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

Peab AB 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.

Peab AB'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)
	=	1243	/	(11179	+	7239)
	=	0.07

Peab AB'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)
	=	1243	/	(11179	+	7239)
	=	0.07

Peab AB (LTS:0MHT) 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.

Peab AB Cash-to-Debt Related Terms

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Peab AB (LTS:0MHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Peab AB (LTS:0MHT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PEAB B:Sweden PEKB:Germany

Address

Margretetorpsvagen 84, Forslov, SWE, SE-269 73

Website

https://www.peab.com

Peab AB is one of the leading Nordic construction and civil engineering companies. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. A network of subcontractors and external suppliers helps plan and build innovative systems for projects. Peab operates in four business areas: construction (roughly half of total revenue), civil engineering, industry, and project development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden, and the company has the capacity to complete smaller local projects as well as more complex construction projects.

Peab AB (LTS:0MHT) Headlines

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