SGL Carbon SE (XTER:SGL) Cash-to-Debt : 0.65 (As of Dec. 2023)

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What is SGL Carbon SE 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. SGL Carbon SE's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.65.

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, SGL Carbon SE couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XTER:SGL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 0.46 Max: 0.73
Current: 0.65

During the past 13 years, SGL Carbon SE's highest Cash to Debt Ratio was 0.73. The lowest was 0.30. And the median was 0.46.

XTER:SGL's Cash-to-Debt is ranked worse than
52.03% of 1551 companies
in the Chemicals industry
Industry Median: 0.73 vs XTER:SGL: 0.65

SGL Carbon SE Cash-to-Debt Historical Data

The historical data trend for SGL Carbon SE'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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SGL Carbon SE Cash-to-Debt Chart

SGL Carbon SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.30

0.32

0.48

0.58

0.65

SGL Carbon SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.58	0.55	0.70	0.53	0.65

Competitive Comparison of SGL Carbon SE's Cash-to-Debt

For the Chemicals subindustry, SGL Carbon SE'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.

SGL Carbon SE's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SGL Carbon SE's Cash-to-Debt distribution charts can be found below:

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

SGL Carbon SE 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.

SGL Carbon SE'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)
	=	201.5	/	(10.4	+	298.4)
	=	0.65

SGL Carbon SE's Cash to Debt Ratio for the quarter 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)
	=	201.5	/	(10.4	+	298.4)
	=	0.65

SGL Carbon SE (XTER:SGL) 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.

SGL Carbon SE Cash-to-Debt Related Terms

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

SGL Carbon SE (XTER:SGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SGL Carbon SE (XTER:SGL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SGLFF:USA 0MPL:UK SGL:Austria

Address

Sohnleinstrasse 8, Wiesbaden, DEU, 65201

Website

https://www.sglcarbon.com

SGL Carbon SE makes and sells carbon- and graphite-based products and is organized into below segments: composites-fibers and materials; graphite materials and systems; process technology and carbon fibres. The graphite materials and systems segment sells coarse, fine-grain, and expanded graphite products for industrial application and machine components to the semiconductor, energy, chemicals, and automotive industries. The carbon fibers and materials segment sells carbon fiber-based products to the automotive, energy, aerospace and defense, and consumer goods industries. The company generates more than half of its revenue from the graphite materials and systems segment and earns most of its revenue in Europe.

Executives

Dr. Torsten Derr	Board of Directors
Thomas Dippold	Board of Directors

SGL Carbon SE (XTER:SGL) Headlines

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