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Leonteq AG (LTS:0QNE) Cash-to-Debt : 112.89 (As of Dec. 2023)


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What is Leonteq 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. Leonteq AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 112.89.

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

LTS:0QNE' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.02   Med: 41.46   Max: 112.89
Current: 112.89

During the past 13 years, Leonteq AG's highest Cash to Debt Ratio was 112.89. The lowest was 4.02. And the median was 41.46.

LTS:0QNE's Cash-to-Debt is ranked better than
60.83% of 1473 companies
in the Asset Management industry
Industry Median: 5.79 vs LTS:0QNE: 112.89

Leonteq AG Cash-to-Debt Historical Data

The historical data trend for Leonteq 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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Leonteq AG Cash-to-Debt Chart

Leonteq AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.57 71.73 66.23 55.09 112.89

Leonteq AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.23 8.09 55.09 10.96 112.89

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

For the Asset Management subindustry, Leonteq 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.


Leonteq AG's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Leonteq AG's Cash-to-Debt distribution charts can be found below:

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



Leonteq 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.

Leonteq AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Leonteq AG's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Leonteq AG  (LTS:0QNE) 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.


Leonteq AG Cash-to-Debt Related Terms

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Leonteq AG (LTS:0QNE) Business Description

Traded in Other Exchanges
Address
Europaallee 39, Zurich, CHE, 8004
Leonteq AG is a Swiss fintech company with a marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has a presence in its home market of Switzerland and Europe, as well as an established footprint in Asia.

Leonteq AG (LTS:0QNE) Headlines

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