METRO AG (XTER:B4B) Cash-to-Debt : 0.26 (As of Sep. 2023)

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What is METRO 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. METRO AG's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.26.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, METRO AG couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XTER:B4B' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 0.4 Max: No Debt
Current: 0.26

During the past 11 years, METRO AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.26. And the median was 0.40.

XTER:B4B's Cash-to-Debt is ranked worse than
62.26% of 310 companies
in the Retail - Defensive industry
Industry Median: 0.445 vs XTER:B4B: 0.26

METRO AG Cash-to-Debt Historical Data

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

METRO AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.33

0.40

0.28

0.26

METRO AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.28	No Debt	No Debt	No Debt	0.26

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

For the Food Distribution subindustry, METRO 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.

METRO AG's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, METRO AG's Cash-to-Debt distribution charts can be found below:

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

METRO 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.

METRO AG's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	943	/	(825	+	2838)
	=	0.26

METRO AG's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	943	/	(825	+	2838)
	=	0.26

METRO AG (XTER:B4B) 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.

METRO AG Cash-to-Debt Related Terms

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

METRO AG (XTER:B4B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » METRO AG (XTER:B4B) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0RTE:UK MEO:Austria

Address

Metro-Strasse 1, Dusseldorf, NW, DEU, 40235

Website

https://www.metroag.de

METRO AG operates as a food service company. It is active in the self-service wholesale trade with the brands METRO and MAKRO as well as in the delivery sales with the METRO delivery service, and the supply specialists Classic Fine Foods, Pro a Pro, and Rungis Express. Its business consists of segments which include METRO Germany, METRO Western Europe, METRO Russia, METRO Eastern Europe, and others. The other segment includes Hospitality Digital, the business unit that bundles the group's digitalization initiatives. It also includes service companies that provide group-wide services in the areas of real estate, logistics, information technology, advertising, and procurement.

Executives

Rafael Gasset Giraldez	Board of Directors
Claude Sarrailh	Board of Directors
Dr. Steffen Greubel	Board of Directors

METRO AG (XTER:B4B) Headlines

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