Chr. Hansen Holding A/S (Chr. Hansen Holding A/S) Cash-to-Debt : 0.06 (As of May. 2023)

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What is Chr. Hansen Holding A/S 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. Chr. Hansen Holding A/S's cash to debt ratio for the quarter that ended in May. 2023 was 0.06.

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, Chr. Hansen Holding A/S couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2023.

The historical rank and industry rank for Chr. Hansen Holding A/S's Cash-to-Debt or its related term are showing as below:

CRTSF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.18
Current: 0.06

During the past 13 years, Chr. Hansen Holding A/S's highest Cash to Debt Ratio was 0.18. The lowest was 0.04. And the median was 0.08.

CRTSF's Cash-to-Debt is not ranked
in the Chemicals industry.
Industry Median: 0.75 vs CRTSF: 0.06

Chr. Hansen Holding A/S Cash-to-Debt Historical Data

The historical data trend for Chr. Hansen Holding A/S'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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Chr. Hansen Holding A/S Cash-to-Debt Chart

Chr. Hansen Holding A/S Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Cash-to-Debt

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0.10

0.11

0.07

0.06

0.09

Chr. Hansen Holding A/S Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.09	0.05	0.05	0.06

Competitive Comparison of Chr. Hansen Holding A/S's Cash-to-Debt

For the Specialty Chemicals subindustry, Chr. Hansen Holding A/S'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.

Chr. Hansen Holding A/S's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chr. Hansen Holding A/S's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chr. Hansen Holding A/S's Cash-to-Debt falls into.

Chr. Hansen Holding A/S 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.

Chr. Hansen Holding A/S's Cash to Debt Ratio for the fiscal year that ended in Aug. 2022 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)
	=	83.891	/	(111.449	+	864.64)
	=	0.09

Chr. Hansen Holding A/S's Cash to Debt Ratio for the quarter that ended in May. 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)
	=	69.457	/	(57.935	+	1078.478)
	=	0.06

Chr. Hansen Holding A/S (OTCPK:CRTSF) 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.

Chr. Hansen Holding A/S Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Chr. Hansen Holding A/S's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Chr. Hansen Holding A/S (Chr. Hansen Holding A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chr. Hansen Holding A/S (OTCPK:CRTSF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CHYHY:USA CHRc:UK 0MR6:UK CHR:Denmark 51C:Germany

Address

Boge Alle 10-12, Horsholm, DNK, 2970

Website

https://www.chr-hansen.com

Founded in 1874 and relisted in 2010 after five years of private ownership, Chr. Hansen is a global bioscience company with more than 3,200 employees across 30 countries. Its segments include food cultures and enzymes that produce and sell innovative cultures, enzymes, and probiotic products that help determine the taste, flavor, texture, shelf-life, nutritional value, and health benefits of a variety of consumer products in the food industry, especially in the dairy industry; and health and nutrition that produce and sell products for the dietary supplement, over-the-counter pharmaceutical, infant formula, animal feed, and plant protection industries.

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