bet-at-home.com AG (WBO:BAH) Cash-to-Debt : 16.91 (As of Dec. 2023)

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What is bet-at-home.com 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. bet-at-home.com AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 16.91.

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, bet-at-home.com AG 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 bet-at-home.com AG's Cash-to-Debt or its related term are showing as below:

WBO:BAH' s Cash-to-Debt Range Over the Past 10 Years
Min: 15.93 Med: 5011.07 Max: No Debt
Current: 16.91

During the past 13 years, bet-at-home.com AG's highest Cash to Debt Ratio was No Debt. The lowest was 15.93. And the median was 5011.07.

WBO:BAH's Cash-to-Debt is ranked better than
84.72% of 818 companies
in the Travel & Leisure industry
Industry Median: 0.57 vs WBO:BAH: 16.91

bet-at-home.com AG Cash-to-Debt Historical Data

The historical data trend for bet-at-home.com 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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bet-at-home.com AG Cash-to-Debt Chart

bet-at-home.com AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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16.05

22.13

21.61

15.93

16.91

bet-at-home.com AG 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	Get a 7-Day Free Trial															21.61	30.34	15.93	17.49	16.91

Competitive Comparison of bet-at-home.com AG's Cash-to-Debt

For the Gambling subindustry, bet-at-home.com 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.

bet-at-home.com AG's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, bet-at-home.com AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where bet-at-home.com AG's Cash-to-Debt falls into.

bet-at-home.com 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.

bet-at-home.com AG'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)
	=	29.265	/	(0.322	+	1.409)
	=	16.91

bet-at-home.com AG'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)
	=	29.265	/	(0.322	+	1.409)
	=	16.91

bet-at-home.com AG (WBO:BAH) 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.

bet-at-home.com AG Cash-to-Debt Related Terms

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bet-at-home.com AG (WBO:BAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » bet-at-home.com AG (WBO:BAH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0RIP:UK ACX:Germany

Address

Tersteegenstrasse 30, Dusseldorf, NW, DEU, 40474

Website

https://www.bet-at-home.com

bet-at-home.com AG operates a domain of approximately 5 million registered users for sports betting and online gaming. The company operates its business in two segments; Online Sports Betting and Online Gaming. It also offers online poker, casino, games and virtual sports across Germany, Austria, Malta, and Gibraltar. bet-at-home generates revenues through the bets placed on its domain and online gaming.