CANCOM SE (WBO:COK) Cash-to-Debt : 1.05 (As of Dec. 2023)

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What is CANCOM 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. CANCOM SE's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.05.

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

WBO:COK' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.05 Med: 2.84 Max: 17.89
Current: 1.05

During the past 13 years, CANCOM SE's highest Cash to Debt Ratio was 17.89. The lowest was 1.05. And the median was 2.84.

WBO:COK's Cash-to-Debt is ranked worse than
63.75% of 2792 companies
in the Software industry
Industry Median: 2.41 vs WBO:COK: 1.05

CANCOM SE Cash-to-Debt Historical Data

The historical data trend for CANCOM 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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CANCOM SE Cash-to-Debt Chart

CANCOM SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.80

2.87

5.03

2.87

1.05

CANCOM SE 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	Get a 7-Day Free Trial															2.87	No Debt	0.76	13.70	1.05

Competitive Comparison of CANCOM SE's Cash-to-Debt

For the Information Technology Services subindustry, CANCOM 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.

CANCOM SE's Cash-to-Debt Distribution in the Software Industry

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

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

CANCOM 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.

CANCOM 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)
	=	222.549	/	(65.182	+	145.875)
	=	1.05

CANCOM 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)
	=	222.549	/	(65.182	+	145.875)
	=	1.05

CANCOM SE (WBO:COK) 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.

CANCOM SE Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of CANCOM SE's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

CANCOM SE (WBO:COK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CANCOM SE (WBO:COK) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

COKd:UK 0O0F:UK COK:Germany

Address

Erika-Mann-Strasse 69, Munich, BY, DEU, D-80636

Website

https://www.cancom.de

CANCOM SE is a provider of IT infrastructure and IT services in Germany and Austria. Business operations of the company are carried out through Germany, Austria, Switzerland, and the U.S.A. The company offers IT architecture, systems integration and managed services. The company managed its businesses in two segments: Cloud Solutions and IT Solutions of which the IT Solutions segment contributes a majority of total revenue. Cloud Solutions segment comprises the cloud and shared managed services business, including project related cloud hardware, software, and services business. IT Solutions offers comprehensive support for IT infrastructure and applications.

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