Biotalys NV (XBRU:BTLS) Cash-to-Debt : 5.34 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Biotalys NV 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. Biotalys NV's cash to debt ratio for the quarter that ended in Jun. 2023 was 5.34.

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

XBRU:BTLS' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.43 Med: 6.22 Max: 19.58
Current: 5.34

During the past 5 years, Biotalys NV's highest Cash to Debt Ratio was 19.58. The lowest was 4.43. And the median was 6.22.

XBRU:BTLS's Cash-to-Debt is ranked better than
77.5% of 240 companies
in the Agriculture industry
Industry Median: 0.685 vs XBRU:BTLS: 5.34

Biotalys NV Cash-to-Debt Historical Data

The historical data trend for Biotalys NV'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.

* Premium members only.

Biotalys NV Cash-to-Debt Chart

Biotalys NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

1.62

19.58

4.43

7.77

5.25

Biotalys NV Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	7.77	7.10	5.25	5.34

Competitive Comparison of Biotalys NV's Cash-to-Debt

For the Agricultural Inputs subindustry, Biotalys NV'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.

Biotalys NV's Cash-to-Debt Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Biotalys NV's Cash-to-Debt distribution charts can be found below:

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

Biotalys NV 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.

Biotalys NV'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)
	=	34.096	/	(1.163	+	5.338)
	=	5.24

Biotalys NV'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)
	=	33.994	/	(1.167	+	5.196)
	=	5.34

Biotalys NV (XBRU:BTLS) 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.

Biotalys NV Cash-to-Debt Related Terms

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

Biotalys NV (XBRU:BTLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Biotalys NV (XBRU:BTLS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

86C:Germany

Address

Buchtenstraat 11, Ghent, BEL, 9051

Website

https://www.biotalys.com

Biotalys NV is an agricultural technology company focused on addressing food protection challenges with proprietary protein-based biocontrol solutions and aiming to provide alternatives to conventional chemical pesticides for a more sustainable and safer food supply.

Biotalys NV (XBRU:BTLS) Headlines

No Headlines