ADS-TEC Energy (ADS-TEC Energy) Cash-to-Debt : 1.68 (As of Dec. 2023)

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What is ADS-TEC Energy 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. ADS-TEC Energy's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.68.

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, ADS-TEC Energy could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ADSE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 7.8 Max: 15.54
Current: 1.68

During the past 6 years, ADS-TEC Energy's highest Cash to Debt Ratio was 15.54. The lowest was 0.01. And the median was 7.80.

ADSE's Cash-to-Debt is ranked worse than
53.3% of 2998 companies
in the Industrial Products industry
Industry Median: 1.18 vs ADSE: 1.68

ADS-TEC Energy Cash-to-Debt Historical Data

The historical data trend for ADS-TEC Energy'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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ADS-TEC Energy Cash-to-Debt Chart

ADS-TEC Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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5.69

0.01

10.62

9.91

1.68

ADS-TEC Energy Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				10.62	34.68	9.91	0.96	1.68

Competitive Comparison of ADS-TEC Energy's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, ADS-TEC Energy'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.

ADS-TEC Energy's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ADS-TEC Energy's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ADS-TEC Energy's Cash-to-Debt falls into.

ADS-TEC Energy 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.

ADS-TEC Energy'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)
	=	31.802	/	(16.097	+	2.814)
	=	1.68

ADS-TEC Energy'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)
	=	31.802	/	(16.097	+	2.814)
	=	1.68

ADS-TEC Energy (NAS:ADSE) 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.

ADS-TEC Energy Cash-to-Debt Related Terms

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ADS-TEC Energy (ADS-TEC Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ADS-TEC Energy PLC (NAS:ADSE) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

X3C:Germany X3C:Germany

Address

10 Earlsfort Terrace, Dublin, IRL, D02 T380

Website

https://www.ads-tec-energy.com

ADS-TEC Energy PLC produces, develops, and markets battery-buffered EV charging systems infrastructure, battery storage systems, and cloud-based services which enable the customer to control and manage the system. Geographically, it derives a majority of its revenue from Europe.