LapWall Oyj (OHEL:LAPWALL) Cash-to-Debt : 1.21 (As of Jun. 2023)

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What is LapWall Oyj 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. LapWall Oyj's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.21.

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, LapWall Oyj could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

OHEL:LAPWALL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.91 Max: 3.35
Current: 1.21

During the past 4 years, LapWall Oyj's highest Cash to Debt Ratio was 3.35. The lowest was 0.10. And the median was 0.91.

OHEL:LAPWALL's Cash-to-Debt is ranked better than
71.84% of 277 companies
in the Forest Products industry
Industry Median: 0.32 vs OHEL:LAPWALL: 1.21

LapWall Oyj Cash-to-Debt Historical Data

The historical data trend for LapWall Oyj'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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LapWall Oyj Cash-to-Debt Chart

LapWall Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.10

0.32

0.62

3.35

LapWall Oyj Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	0.62	1.78	3.35	1.21

Competitive Comparison of LapWall Oyj's Cash-to-Debt

For the Lumber & Wood Production subindustry, LapWall Oyj'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.

LapWall Oyj's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, LapWall Oyj's Cash-to-Debt distribution charts can be found below:

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

LapWall Oyj 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.

LapWall Oyj's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	7.849	/	(0.981	+	1.364)
	=	3.35

LapWall Oyj's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	2.22	/	(0.866	+	0.976)
	=	1.21

LapWall Oyj (OHEL:LAPWALL) 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.

LapWall Oyj Cash-to-Debt Related Terms

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

LapWall Oyj (OHEL:LAPWALL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » LapWall Oyj (OHEL:LAPWALL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Periojantie 3, Pyhanta, FIN, 92930

Website

https://www.lapwall.fi

LapWall Oyj is a manufacturer and developer of wood elements. The LapWall LEK - Element System covers everything from sales to installation. LapWall LEKO - Element System contains more than 50 products, all of which are wooden elements.

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