PORR AG (WBO:POS) Cash-to-Debt : 2.06 (As of Dec. 2023)

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What is PORR 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. PORR AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.06.

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

WBO:POS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.68 Med: 1.19 Max: 2.06
Current: 2.06

During the past 13 years, PORR AG's highest Cash to Debt Ratio was 2.06. The lowest was 0.68. And the median was 1.19.

WBO:POS's Cash-to-Debt is ranked better than
70.79% of 1674 companies
in the Construction industry
Industry Median: 0.62 vs WBO:POS: 2.06

PORR AG Cash-to-Debt Historical Data

The historical data trend for PORR 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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PORR AG Cash-to-Debt Chart

PORR AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.68

0.89

1.14

1.87

2.06

PORR 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															1.87	1.87	1.51	1.31	2.06

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

For the Engineering & Construction subindustry, PORR 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.

PORR AG's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, PORR AG's Cash-to-Debt distribution charts can be found below:

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

PORR 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.

PORR 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)
	=	813.361	/	(73.254	+	321.023)
	=	2.06

PORR 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)
	=	813.361	/	(73.254	+	321.023)
	=	2.06

PORR AG (WBO:POS) 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.

PORR AG Cash-to-Debt Related Terms

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PORR AG (WBO:POS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PORR AG (WBO:POS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0J04:UK ABS2:Germany

Address

Absberggasse 47, Vienna, AUT, 1100

Website

https://www.porr-group.com

PORR AG is an Austria-based construction company engaged in realizing complex building construction and civil engineering projects and focuses on its seven European home markets of Austria, Germany, Switzerland, Poland, the Czech Republic, Slovakia, and Romania. It operates in five segments; The segment ATCH includes country responsibility for Austria and Switzerland, The segment DE includes activities in German building and infrastructure construction and equity interests, The segment PL includes all country responsibility for Poland, The segment CEE includes activities in Czech Republic, Slovakia, and Romania, including equity interests, and The segment Infrastructure International includes international expertise in tunneling, railway construction, and specialist civil engineering.

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