FMS Enterprises Migun (XTAE:FBRT) Cash-to-Debt : 88.44 (As of Dec. 2023)

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What is FMS Enterprises Migun 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. FMS Enterprises Migun's cash to debt ratio for the quarter that ended in Dec. 2023 was 88.44.

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, FMS Enterprises Migun 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 FMS Enterprises Migun's Cash-to-Debt or its related term are showing as below:

XTAE:FBRT' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.39 Med: 5044.22 Max: No Debt
Current: 88.45

During the past 11 years, FMS Enterprises Migun's highest Cash to Debt Ratio was No Debt. The lowest was 1.39. And the median was 5044.22.

XTAE:FBRT's Cash-to-Debt is ranked better than
89.58% of 307 companies
in the Aerospace & Defense industry
Industry Median: 0.72 vs XTAE:FBRT: 88.45

FMS Enterprises Migun Cash-to-Debt Historical Data

The historical data trend for FMS Enterprises Migun'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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FMS Enterprises Migun Cash-to-Debt Chart

FMS Enterprises Migun Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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5.12

1.39

63.62

69.97

88.44

FMS Enterprises Migun 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															69.97	3.54	1.27	1.52	88.44

Competitive Comparison of FMS Enterprises Migun's Cash-to-Debt

For the Aerospace & Defense subindustry, FMS Enterprises Migun'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.

FMS Enterprises Migun's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, FMS Enterprises Migun's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where FMS Enterprises Migun's Cash-to-Debt falls into.

FMS Enterprises Migun 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.

FMS Enterprises Migun'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)
	=	383.108	/	(0.323	+	4.009)
	=	88.44

FMS Enterprises Migun'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)
	=	383.108	/	(0.323	+	4.009)
	=	88.44

FMS Enterprises Migun (XTAE:FBRT) 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.

FMS Enterprises Migun Cash-to-Debt Related Terms

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FMS Enterprises Migun (XTAE:FBRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » FMS Enterprises Migun Ltd (XTAE:FBRT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 Imber Street, Petah Tikva, ISR

Website

http://www.fms.co.il

FMS Enterprises Migun Ltd manufactures & sells ballistic protection technology globally. It provides non-woven uni-directional (UD) fabrics for hard & soft armor applications. It also offers pressed panels of UD fabrics for personal & vehicle protection. Its fabrics used as raw materials in the personal protection and protection of vehicles and transportation industries.