K+S AG (K+S AG) Cash-to-Debt

: No Debt ⁽¹⁾ (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. K+S AG's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, K+S AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for K+S AG's Cash-to-Debt or its related term are showing as below:

KPLUF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 5000.32 Max: No Debt
Current: 2.27

During the past 13 years, K+S AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 5000.32.

KPLUF's Cash-to-Debt is ranked better than
68.03% of 244 companies
in the Agriculture industry
Industry Median: 0.765 vs KPLUF: 2.27

K+S AG Cash-to-Debt Historical Data

The historical data trend for K+S 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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K+S AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

K+S AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																No Debt	2.49	No Debt	No Debt	No Debt

Competitive Comparison

For the Agricultural Inputs subindustry, K+S 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.

K+S AG Cash-to-Debt Distribution

For the Agriculture industry and Basic Materials sector, K+S AG's Cash-to-Debt distribution charts can be found below:

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

K+S 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.

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

K+S AG had no debt ⁽¹⁾.

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

K+S AG had no debt ⁽¹⁾.

K+S AG (OTCPK:KPLUF) 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.

K+S AG Cash-to-Debt Related Terms

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K+S AG (K+S AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » K+S AG (OTCPK:KPLUF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KPLUY:USA SDF:Italy SDFd:UK 0Q2N:UK SDF:Germany SDF:Germany SDF:Germany SDF1:Germany SDF:Germany SDF:Austria

Address

Bertha-von-Suttner-Strasse 7, Kassel, DEU, 34131

Website

https://www.kpluss.com

K+S AG produces two primary products: fertilizer and salt. The company extracts potash and magnesium primarily in Germany, but it's also ramping up potash production at its new low-cost Bethune mine in Saskatchewan that will eventually produce roughly a third of total potash.