Scandinavian Tobacco Group A/S (OCSE:STG) Cash-to-Debt : 0.02 (As of Mar. 2024)

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What is Scandinavian Tobacco Group A/S 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. Scandinavian Tobacco Group A/S's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

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, Scandinavian Tobacco Group A/S 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 Scandinavian Tobacco Group A/S's Cash-to-Debt or its related term are showing as below:

OCSE:STG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.31
Current: 0.02

During the past 12 years, Scandinavian Tobacco Group A/S's highest Cash to Debt Ratio was 0.31. The lowest was 0.01. And the median was 0.09.

OCSE:STG's Cash-to-Debt is ranked worse than
98.04% of 51 companies
in the Tobacco Products industry
Industry Median: 0.49 vs OCSE:STG: 0.02

Scandinavian Tobacco Group A/S Cash-to-Debt Historical Data

The historical data trend for Scandinavian Tobacco Group A/S'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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Scandinavian Tobacco Group A/S Cash-to-Debt Chart

Scandinavian Tobacco Group A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.31

0.04

0.06

0.01

0.03

Scandinavian Tobacco Group A/S 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															0.02	0.02	0.01	0.03	0.02

Competitive Comparison of Scandinavian Tobacco Group A/S's Cash-to-Debt

For the Tobacco subindustry, Scandinavian Tobacco Group A/S'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.

Scandinavian Tobacco Group A/S's Cash-to-Debt Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group A/S's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Scandinavian Tobacco Group A/S's Cash-to-Debt falls into.

Scandinavian Tobacco Group A/S 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.

Scandinavian Tobacco Group A/S'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)
	=	99.6	/	(59.1	+	3902.5)
	=	0.03

Scandinavian Tobacco Group A/S'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)
	=	103.3	/	(239.5	+	4146.4)
	=	0.02

Scandinavian Tobacco Group A/S (OCSE:STG) 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.

Scandinavian Tobacco Group A/S Cash-to-Debt Related Terms

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Scandinavian Tobacco Group A/S (OCSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Scandinavian Tobacco Group A/S (OCSE:STG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

STBGY:USA SNDVF:USA 0RES:UK 8ZI:Germany

Address

Sandtoften 9, Gentofte, DNK, 2820

Website

https://www.st-group.com

Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.