Friedrich Vorwerk Group SE (Friedrich Vorwerk Group SE) Cash-to-Debt

: 3.42 (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. Friedrich Vorwerk Group SE's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.42.

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, Friedrich Vorwerk Group SE 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 Friedrich Vorwerk Group SE's Cash-to-Debt or its related term are showing as below:

FRVWY' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.17 Med: 2.6 Max: 3.87
Current: 3.42

During the past 5 years, Friedrich Vorwerk Group SE's highest Cash to Debt Ratio was 3.87. The lowest was 2.17. And the median was 2.60.

FRVWY's Cash-to-Debt is ranked better than
76.74% of 1664 companies
in the Construction industry
Industry Median: 0.64 vs FRVWY: 3.42

Friedrich Vorwerk Group SE Cash-to-Debt Historical Data

The historical data trend for Friedrich Vorwerk Group SE'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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Friedrich Vorwerk Group SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

2.55

2.60

3.87

2.17

3.42

Friedrich Vorwerk Group SE Quarterly Data
	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												2.17	0.72	0.18	0.15	3.42

Competitive Comparison

For the Engineering & Construction subindustry, Friedrich Vorwerk Group SE'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.

Friedrich Vorwerk Group SE Cash-to-Debt Distribution

For the Construction industry and Industrials sector, Friedrich Vorwerk Group SE's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Friedrich Vorwerk Group SE's Cash-to-Debt falls into.

Friedrich Vorwerk Group SE 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.

Friedrich Vorwerk Group SE'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)
	=	61.648	/	(5.275	+	12.756)
	=	3.42

Friedrich Vorwerk Group SE'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)
	=	61.648	/	(5.275	+	12.756)
	=	3.42

Friedrich Vorwerk Group SE (OTCPK:FRVWY) 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.

Friedrich Vorwerk Group SE Cash-to-Debt Related Terms

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Friedrich Vorwerk Group SE (Friedrich Vorwerk Group SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Friedrich Vorwerk Group SE (OTCPK:FRVWY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VH2:Germany

Address

Niedersachsenstrasse 19-21, Tostedt, DEU, 21255

Website

https://www.friedrich-vorwerk.de

Friedrich Vorwerk Group SE is a driver of the European energy transition. It has four segments Natural Gas segment, which is the key revenue driver, comprises the transport and conversion of raw natural gas into treated natural gas, Electricity segment provides infrastructure for the underground transport and conversion of electricity, which is generated from non-fossil energy sources such as wind, solar, hydro, and regenerative resources, Clean Hydrogen segment comprises the conversion of energy from energy sources into clean hydrogen and its transportation to consumers, Adjacent Opportunities segment concentrates on the related turnkey technologies, and the majority of its revenue comes from Adjacent Opportunities.

Friedrich Vorwerk Group SE (Friedrich Vorwerk Group SE) Headlines

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