Sanoma Oyj (Sanoma Oyj) Cash-to-Debt : 0.11 (As of Mar. 2024)

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What is Sanoma 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. Sanoma Oyj's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.11.

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, Sanoma Oyj 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 Sanoma Oyj's Cash-to-Debt or its related term are showing as below:

SWYBY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.34 Max: No Debt
Current: 0.11

During the past 13 years, Sanoma Oyj's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.34.

SWYBY's Cash-to-Debt is ranked worse than
86.05% of 1032 companies
in the Media - Diversified industry
Industry Median: 1.25 vs SWYBY: 0.11

Sanoma Oyj Cash-to-Debt Historical Data

The historical data trend for Sanoma 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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Sanoma Oyj Cash-to-Debt Chart

Sanoma Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.15

0.08

0.05

0.09

Sanoma Oyj 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															0.29	0.18	0.46	0.09	0.11

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

For the Publishing subindustry, Sanoma 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.

Sanoma Oyj's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sanoma Oyj's Cash-to-Debt distribution charts can be found below:

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

Sanoma 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.

Sanoma Oyj'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)
	=	71.865	/	(360.632	+	407.306)
	=	0.09

Sanoma Oyj'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)
	=	17.826	/	(32.935	+	132.391)
	=	0.11

Sanoma Oyj (OTCPK:SWYBY) 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.

Sanoma Oyj Cash-to-Debt Related Terms

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

Sanoma Oyj (Sanoma Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sanoma Oyj (OTCPK:SWYBY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

0JLQ:UK SANOMA:Finland SNQB:Germany

Address

Toolonlahdenkatu 2, Helsinki, FIN, 00100

Website

https://www.sanoma.com

Sanoma Oyj is an innovative and agile learning and media company. The group publishes magazines and newspapers along with educational learning literature and services. It operates in two segments: Learning and Media Finland. Sanoma's learning products and services enable teachers to develop the talents of every child to reach their full potential. The company offers printed and digital learning content as well as digital learning and teaching platforms for primary, secondary, and vocational education. The Finnish media business of Sanoma provides information, experiences, inspiration, and entertainment via multiple media platforms: newspapers, radio, television, events, magazines, online, and mobile channels. The company's publications include Helsingin Sanomat, IltaSanomat among others.

Sanoma Oyj (Sanoma Oyj) Headlines

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