Hydratec Industries NV (XAMS:HYDRA) Cash-to-Debt : 0.46 (As of Dec. 2023)

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What is Hydratec Industries NV 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. Hydratec Industries NV's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.46.

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, Hydratec Industries NV couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XAMS:HYDRA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.3 Max: 1.41
Current: 0.46

During the past 13 years, Hydratec Industries NV's highest Cash to Debt Ratio was 1.41. The lowest was 0.04. And the median was 0.30.

XAMS:HYDRA's Cash-to-Debt is ranked worse than
58% of 200 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.605 vs XAMS:HYDRA: 0.46

Hydratec Industries NV Cash-to-Debt Historical Data

The historical data trend for Hydratec Industries NV'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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Hydratec Industries NV Cash-to-Debt Chart

Hydratec Industries NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.04

0.09

0.17

1.10

0.46

Hydratec Industries NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.35	1.10	0.34	0.46

Competitive Comparison of Hydratec Industries NV's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Hydratec Industries NV'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.

Hydratec Industries NV's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hydratec Industries NV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hydratec Industries NV's Cash-to-Debt falls into.

Hydratec Industries NV 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.

Hydratec Industries NV'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)
	=	11.137	/	(10.83	+	13.658)
	=	0.45

Hydratec Industries NV'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)
	=	11.137	/	(10.83	+	13.658)
	=	0.45

Hydratec Industries NV (XAMS:HYDRA) 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.

Hydratec Industries NV Cash-to-Debt Related Terms

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

Hydratec Industries NV (XAMS:HYDRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hydratec Industries NV (XAMS:HYDRA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HYDRAa:UK

Address

Nijverheidsweg Noord 59B, P.O. Box 328, Amersfoort, NLD, 3800 AH

Website

http://www.hydratec.nl

Hydratec Industries NV is an industrial holding company which supplies high-quality industrial systems and components. The business activity of the group includes designing, developing and producing agricultural and food equipment; and plastics-parts and packaging products. It holds strong positions in the global agricultural and food markets; and Benelux and German plastic products and packaging industries. Geographically, the activities are carried out through the Netherlands.

Hydratec Industries NV (XAMS:HYDRA) Headlines

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