Einhell Germany AG (XTER:EIN3) Cash-to-Debt : 0.36 (As of Mar. 2024)

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What is Einhell Germany 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. Einhell Germany AG's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.36.

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, Einhell Germany AG couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XTER:EIN3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.25 Max: 1.66
Current: 0.36

During the past 13 years, Einhell Germany AG's highest Cash to Debt Ratio was 1.66. The lowest was 0.03. And the median was 0.25.

XTER:EIN3's Cash-to-Debt is ranked worse than
74.45% of 2994 companies
in the Industrial Products industry
Industry Median: 1.23 vs XTER:EIN3: 0.36

Einhell Germany AG Cash-to-Debt Historical Data

The historical data trend for Einhell Germany 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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Einhell Germany AG Cash-to-Debt Chart

Einhell Germany AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.70

0.95

0.10

0.08

0.80

Einhell Germany AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.12	0.39	0.80	0.36

Competitive Comparison of Einhell Germany AG's Cash-to-Debt

For the Tools & Accessories subindustry, Einhell Germany 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.

Einhell Germany AG's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Einhell Germany AG's Cash-to-Debt distribution charts can be found below:

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

Einhell Germany 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.

Einhell Germany 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)
	=	101.989	/	(22.462	+	104.841)
	=	0.80

Einhell Germany AG's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	44.096	/	(18.552	+	104.394)
	=	0.36

Einhell Germany AG (XTER:EIN3) 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.

Einhell Germany AG Cash-to-Debt Related Terms

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Einhell Germany AG (XTER:EIN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Einhell Germany AG (XTER:EIN3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EIN3:Germany EIN3:Germany EIN3:Germany

Address

Wiesenweg 22, Landau an der Isar, DEU, D-94405

Website

https://www.einhell.com

Einhell Germany AG develops and markets solutions for the handyman and tradesman for home, garden, and recreational purposes. The company operates through two business segments namely Tools, and Garden and leisure. Its Tools segment, which is the key revenue driver, includes electronic hand tools and stationary tools as well as hand-held and general electronic tools accessories. The Garden and leisure segment comprises the areas of garden and water technology and cooling and heating technology.

Executives

Andreas Kroiss	Board of Directors
Dr. Markus Thannhuber	Board of Directors

Einhell Germany AG (XTER:EIN3) Headlines

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