Kontron AG (WBO:KTN) Cash-to-Debt : 1.25 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Kontron 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. Kontron AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.25.

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

WBO:KTN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.79 Med: 1.18 Max: 1.75
Current: 1.25

During the past 13 years, Kontron AG's highest Cash to Debt Ratio was 1.75. The lowest was 0.79. And the median was 1.18.

WBO:KTN's Cash-to-Debt is ranked worse than
51.8% of 2469 companies
in the Hardware industry
Industry Median: 1.38 vs WBO:KTN: 1.25

Kontron AG Cash-to-Debt Historical Data

The historical data trend for Kontron 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.

* Premium members only.

Kontron AG Cash-to-Debt Chart

Kontron AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.89

0.83

0.79

1.51

1.25

Kontron 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	Get a 7-Day Free Trial															1.51	No Debt	No Debt	No Debt	1.25

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

For the Computer Hardware subindustry, Kontron 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.

Kontron AG's Cash-to-Debt Distribution in the Hardware Industry

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

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

Kontron 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.

Kontron 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)
	=	330.042	/	(171.449	+	93.233)
	=	1.25

Kontron 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)
	=	330.042	/	(171.449	+	93.233)
	=	1.25

Kontron AG (WBO:KTN) 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.

Kontron AG Cash-to-Debt Related Terms

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

Kontron AG (WBO:KTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kontron AG (WBO:KTN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KTNd:UK 0L9J:UK KTN:Germany

Address

Industriezeile 35, Linz, AUT, A-4021

Website

https://group.kontron.com

Kontron AG is an IT systems and hardware components manufacturer. It operates in three segments: IT Services, which includes consulting and sales of third-party hardware and software products as well as implementation and operation in the DACH region and Eastern Europe. The portfolio offered includes the areas of planning (consulting), implementation (integration), and outsourcing of IT services; IoT Solutions Europe segment focuses on the development of secure solutions through a combined portfolio of hardware, middleware, and services in the areas of the Internet of Things (loT) and Industry 4.0; and loT Solutions America segment covers business activities in the vertical markets of transport and aviation as well as communications in the North America region.