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EKF Diagnostics Holdings (EKF Diagnostics Holdings) Cash-to-Debt

: 1.47 (As of Dec. 2023)
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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. EKF Diagnostics Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.47.

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, EKF Diagnostics Holdings 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 EKF Diagnostics Holdings's Cash-to-Debt or its related term are showing as below:

EKDHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19   Med: 6.38   Max: 13.89
Current: 1.47

During the past 13 years, EKF Diagnostics Holdings's highest Cash to Debt Ratio was 13.89. The lowest was 0.19. And the median was 6.38.

EKDHF's Cash-to-Debt is ranked worse than
55.27% of 863 companies
in the Medical Devices & Instruments industry
Industry Median: 2.05 vs EKDHF: 1.47

EKF Diagnostics Holdings Cash-to-Debt Historical Data

The historical data trend for EKF Diagnostics Holdings'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.

* Premium members only.

EKF Diagnostics Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.29 13.89 7.74 5.96 1.47

EKF Diagnostics Holdings 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 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 Premium Member Only Premium Member Only Premium Member Only 7.74 9.98 5.96 13.73 1.47

Competitive Comparison

For the Medical Devices subindustry, EKF Diagnostics Holdings'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.


EKF Diagnostics Holdings Cash-to-Debt Distribution

For the Medical Devices & Instruments industry and Healthcare sector, EKF Diagnostics Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where EKF Diagnostics Holdings's Cash-to-Debt falls into.



EKF Diagnostics Holdings 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.

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

EKF Diagnostics Holdings'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.


EKF Diagnostics Holdings  (OTCPK:EKDHF) 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.


EKF Diagnostics Holdings Cash-to-Debt Related Terms

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EKF Diagnostics Holdings (EKF Diagnostics Holdings) Business Description

Traded in Other Exchanges
Address
19 Stanwell Road, Penarth, Avon House, Cardiff, GBR, CF64 2EZ
EKF Diagnostics Holdings PLC is engaged in the field of medical diagnostics. The company's core business is point-of-care testing and manufacturing reagents for use in central laboratories. It caters to companies focused on areas such as diabetes, blood banking, and sports medicine. The company derives its income from its sales in the United States. Its other markets include Germany, Poland, and Russia.

EKF Diagnostics Holdings (EKF Diagnostics Holdings) Headlines

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