Aalberts NV (Aalberts NV) Cash-to-Debt : 0.17 (As of Dec. 2023)

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What is Aalberts NV 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. Aalberts NV's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.17.

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

AALBF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.17
Current: 0.17

During the past 13 years, Aalberts NV's highest Cash to Debt Ratio was 0.17. The lowest was 0.05. And the median was 0.08.

AALBF's Cash-to-Debt is ranked worse than
86.23% of 3000 companies
in the Industrial Products industry
Industry Median: 1.22 vs AALBF: 0.17

Aalberts NV Cash-to-Debt Historical Data

The historical data trend for Aalberts NV'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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Aalberts NV Cash-to-Debt Chart

Aalberts NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.07

0.09

0.13

0.09

0.17

Aalberts NV 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															0.13	0.28	0.09	0.09	0.17

Competitive Comparison of Aalberts NV's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Aalberts NV'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.

Aalberts NV's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Aalberts NV 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.

Aalberts NV'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)
	=	130.534	/	(202.508	+	563.686)
	=	0.17

Aalberts NV'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)
	=	130.534	/	(202.508	+	563.686)
	=	0.17

Aalberts NV (OTCPK:AALBF) 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.

Aalberts NV Cash-to-Debt Related Terms

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Aalberts NV (Aalberts NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aalberts NV (OTCPK:AALBF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AALB:Netherlands 0NX1:UK AACA:Germany

Address

Stadsplateau 18, WTC Utrecht, Utrecht, UT, NLD, NL-3521

Website

https://www.aalberts.com

Aalberts NV develops technologies and projects to enhance building and product efficiencies. It offers valve and control technologies, specialized manufacturing processes, and piping systems to distribute water and gas. The firm has two operating segments: Building Technology and Industrial Technology. The services provided rely on technology know-how and a global network of locations to provide informed and timely responses. Aalberts has an extended portfolio of metal and plastic for new builds, renovations, and repairs to existing structures.