Adtran Networks SE (WBO:ADV) Cash-to-Debt : 1.65 (As of Jun. 2023)

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What is Adtran Networks SE 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. Adtran Networks SE's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.65.

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, Adtran Networks SE could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

WBO:ADV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46 Med: 0.72 Max: 2.4
Current: 0.64

During the past 13 years, Adtran Networks SE's highest Cash to Debt Ratio was 2.40. The lowest was 0.46. And the median was 0.72.

WBO:ADV's Cash-to-Debt is ranked worse than
67.87% of 2471 companies
in the Hardware industry
Industry Median: 1.38 vs WBO:ADV: 0.64

Adtran Networks SE Cash-to-Debt Historical Data

The historical data trend for Adtran Networks 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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Adtran Networks SE Cash-to-Debt Chart

Adtran Networks SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.46

0.72

1.51

0.72

0.64

Adtran Networks SE Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.78	0.72	2.28	1.65	0.64

Competitive Comparison of Adtran Networks SE's Cash-to-Debt

For the Communication Equipment subindustry, Adtran Networks 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.

Adtran Networks SE's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Adtran Networks SE's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Adtran Networks SE's Cash-to-Debt falls into.

Adtran Networks 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.

Adtran Networks 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)
	=	28.009	/	(18.844	+	25.27)
	=	0.63

Adtran Networks SE's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	47.955	/	(15.312	+	13.734)
	=	1.65

Adtran Networks SE (WBO:ADV) 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.

Adtran Networks SE Cash-to-Debt Related Terms

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Adtran Networks SE (WBO:ADV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Adtran Networks SE (WBO:ADV) » Definitions » Cash-to-Debt

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ADVOF:USA 0NOL:UK ADV:Germany

Address

Campus Martinsried, Fraunhoferstrasse 9a, Munich, BY, DEU, 82152

Website

https://www.adva.com

Adtran Networks SE Formerly ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises. These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.