Edel SE KGaA (XTER:EDL) Cash-to-Debt : 0.29 (As of Sep. 2023)

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What is Edel SE KGaA 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. Edel SE KGaA's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.29.

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, Edel SE KGaA couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XTER:EDL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.2 Max: 0.29
Current: 0.29

During the past 13 years, Edel SE KGaA's highest Cash to Debt Ratio was 0.29. The lowest was 0.13. And the median was 0.20.

XTER:EDL's Cash-to-Debt is ranked worse than
73.1% of 1037 companies
in the Media - Diversified industry
Industry Median: 1.28 vs XTER:EDL: 0.29

Edel SE KGaA Cash-to-Debt Historical Data

The historical data trend for Edel SE KGaA'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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Edel SE KGaA Cash-to-Debt Chart

Edel SE KGaA Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.16

0.27

0.20

0.27

0.29

Edel SE KGaA Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.20	0.27	0.27	0.33	0.29

Competitive Comparison of Edel SE KGaA's Cash-to-Debt

For the Entertainment subindustry, Edel SE KGaA'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.

Edel SE KGaA's Cash-to-Debt Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Edel SE KGaA's Cash-to-Debt falls into.

Edel SE KGaA 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.

Edel SE KGaA's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	16.497	/	(20.75	+	35.285)
	=	0.29

Edel SE KGaA's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	16.497	/	(20.75	+	35.285)
	=	0.29

Edel SE KGaA (XTER:EDL) 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.

Edel SE KGaA Cash-to-Debt Related Terms

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

Edel SE KGaA (XTER:EDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Edel SE & Co KGaA (XTER:EDL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EDL:Germany EDL:Germany EDL:Germany

Address

Neumuehlen 17, Hamburg, SH, DEU, 22763

Website

https://www.edel.com

Edel SE & Co KGaA is an independent media company. The Edel Group divides its operational business into three business areas which are Manufacturing & Distribution, Music & Entertainment, and Books. The company offers artists, authors, labels, publishers, and other rights holders, different types of products and services. The company has two reportable segments which are Manufacturing and logistics and Marketing and sales. The company generates the majority of its revenue from Manufacturing and logistics. Geographically company generates revenues from Great Britain, Germany, Ireland, USA, France, and others.

Edel SE KGaA (XTER:EDL) Headlines

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