Wirecard AG (Wirecard AG) Cash-to-Debt : 2.07 (As of Sep. 2019)

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What is Wirecard AG 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. Wirecard AG's cash to debt ratio for the quarter that ended in Sep. 2019 was 2.07.

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, Wirecard AG could pay off its debt using the cash in hand for the quarter that ended in Sep. 2019.

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

WRCDF's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.415
* Ranked among companies with meaningful Cash-to-Debt only.

Wirecard AG Cash-to-Debt Historical Data

The historical data trend for Wirecard 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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Wirecard AG Cash-to-Debt Chart

Wirecard AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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7.79

3.12

2.50

1.84

1.89

Wirecard AG Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Cash-to-Debt	Get a 7-Day Free Trial															1.78	1.89	2.07	1.99	2.07

Competitive Comparison of Wirecard AG's Cash-to-Debt

For the Software - Application subindustry, Wirecard 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.

Wirecard AG's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Wirecard AG's Cash-to-Debt distribution charts can be found below:

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

Wirecard 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.

Wirecard AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	3253.015	/	(152.332	+	1565.301)
	=	1.89

Wirecard AG's Cash to Debt Ratio for the quarter that ended in Sep. 2019 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)
	=	4227.974	/	(170.595	+	1871.476)
	=	2.07

Wirecard AG (OTCPK:WRCDF) 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.

Wirecard AG Cash-to-Debt Related Terms

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Wirecard AG (Wirecard AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wirecard AG (OTCPK:WRCDF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Einsteinring 35, Aschheim, DEU, 85609

Website

https://www.wirecard.com

Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.