Linz Textil Holding AG (WBO:LTH) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

View and export this data going back to 1890. Start your Free Trial

What is Linz Textil Holding 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. Linz Textil Holding AG's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt ⁽¹⁾.

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, Linz Textil Holding AG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(1) 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.

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

WBO:LTH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.36 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Linz Textil Holding AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.36. And the median was No Debt.

WBO:LTH's Cash-to-Debt is ranked better than
99.9% of 1038 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs WBO:LTH: No Debt

Linz Textil Holding AG Cash-to-Debt Historical Data

The historical data trend for Linz Textil Holding 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.

Linz Textil Holding AG Cash-to-Debt Chart

Linz Textil Holding AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Linz Textil Holding AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Linz Textil Holding AG's Cash-to-Debt

For the Textile Manufacturing subindustry, Linz Textil Holding 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.

Linz Textil Holding AG's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Linz Textil Holding AG's Cash-to-Debt distribution charts can be found below:

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

Linz Textil Holding 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.

Linz Textil Holding AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Linz Textil Holding AG had no debt ⁽¹⁾.

Linz Textil Holding AG's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Linz Textil Holding AG had no debt ⁽¹⁾.

Linz Textil Holding AG (WBO:LTH) 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.

Linz Textil Holding AG Cash-to-Debt Related Terms

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

Linz Textil Holding AG (WBO:LTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Linz Textil Holding AG (WBO:LTH) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Wiener Strasse 435, Linz, AUT, A-4030

Website

http://www.linz-textil.com

Linz Textil Holding AG is an Austria based company, engages in the manufacture, and sale of textile products. It operates through the Textile Semis and Finished Textile Products business segments. The Textile Semis segment comprises of the yard and grey fabrics. The Finished Textile Products offers yarns, technical fabrics, home textiles, and clothing fabrics. It offers products in the fields of textile, weaving, technical fabrics, and yarns.