Leifheit AG (XTER:LEI) Cash-to-Debt : 25.80 (As of Sep. 2023)

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What is Leifheit AG 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. Leifheit AG's cash to debt ratio for the quarter that ended in Sep. 2023 was 25.80.

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, Leifheit AG could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XTER:LEI' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.97 Med: No Debt Max: No Debt
Current: 25.8

During the past 13 years, Leifheit AG's highest Cash to Debt Ratio was No Debt. The lowest was 11.97. And the median was No Debt.

XTER:LEI's Cash-to-Debt is ranked better than
88.43% of 1849 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs XTER:LEI: 25.80

Leifheit AG Cash-to-Debt Historical Data

The historical data trend for Leifheit AG'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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Leifheit AG Cash-to-Debt Chart

Leifheit AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

31.44

38.29

21.64

21.54

Leifheit AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															16.80	21.54	20.25	23.67	25.80

Competitive Comparison of Leifheit AG's Cash-to-Debt

For the Household & Personal Products subindustry, Leifheit AG'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.

Leifheit AG's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leifheit AG's Cash-to-Debt distribution charts can be found below:

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

Leifheit AG 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.

Leifheit AG'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)
	=	36.319	/	(0.436	+	1.25)
	=	21.54

Leifheit AG'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)
	=	42.234	/	(0.487	+	1.15)
	=	25.80

Leifheit AG (XTER:LEI) 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.

Leifheit AG Cash-to-Debt Related Terms

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

Leifheit AG (XTER:LEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Leifheit AG (XTER:LEI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LEI:Germany LEI:Germany LEI:Germany

Address

Leifheitstrasse 1, PO Box 11 65, Lahn, Nassau, DEU, 56377

Website

https://www.leifheit-group.com

Leifheit AG is a brand supplier of household items. It divides its operating business into the Household, well-being, and Private Label segments. Leifheit and Soehnle products, two of Germany's household brands, are known for quality and utility for consumers. Its French subsidiaries Birambeau and Herby are active in the service-oriented Private Label segment with a selected product range. In each segment, the company focuses on its core product categories of cleaning, laundry care, kitchen goods, and well-being. Its key markets are Germany and Central Europe. It recognizes revenue from the sale of products.

Executives

Dr. Claus-o. Zacharias	Supervisory Board
Marco Keul	Board of Directors
Igor Iraeta Munduate	Board of Directors

Leifheit AG (XTER:LEI) Headlines

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