LiqTech International (LiqTech International) Cash-to-Debt

: 0.78 (As of Dec. 2023)

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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. LiqTech International's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.78.

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

LIQT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.63 Med: 2.85 Max: 269.71
Current: 0.78

During the past 13 years, LiqTech International's highest Cash to Debt Ratio was 269.71. The lowest was 0.63. And the median was 2.85.

LIQT's Cash-to-Debt is ranked worse than
58.27% of 2998 companies
in the Industrial Products industry
Industry Median: 1.2 vs LIQT: 0.78

LiqTech International Cash-to-Debt Historical Data

The historical data trend for LiqTech International'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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LiqTech International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.32

1.35

0.63

1.31

0.78

LiqTech International 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																1.31	1.12	0.98	1.01	0.78

Competitive Comparison

For the Pollution & Treatment Controls subindustry, LiqTech International'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.

LiqTech International Cash-to-Debt Distribution

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

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

LiqTech International 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.

LiqTech International'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)
	=	9.481	/	(1.122	+	11.095)
	=	0.78

LiqTech International'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)
	=	9.481	/	(1.122	+	11.095)
	=	0.78

LiqTech International (NAS:LIQT) 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.

LiqTech International Cash-to-Debt Related Terms

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

LiqTech International (LiqTech International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LiqTech International Inc (NAS:LIQT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industriparken 22C, Ballerup, DNK, DK 2750

Website

https://www.liqtech.com

LiqTech International Inc is a clean technology company which provides technology for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company is engaged in three businesses that are diesel particulate filters (DPF) for the control of soot from diesel engines, turnkey ceramic membranes systems, and complete water treatment plants. The company's product portfolio consists of ceramic silicon membranes for liquid filtration, diesel particulate filters, and kiln furniture. Its operating segment includes Water, Ceramics, and Plastics. The company generates maximum revenue from Ceramics segment. Geographically, it derives a majority of its revenue from Europe.

Executives

Simon Seidelin Stadil	officer: Chief Financial Officer	INDUSTRIPARKEN 22C, BALLERUP G7 2750
Martin Kunz	director	INDUSTRIPARKEN 22C, BALLERUP G7 2750
Fei Chen	director, officer: Chief Executive Officer	STOLBERGSVEJ 23, HORSHOLM G7 2970
Richard A Meeusen	director	P O BOX 23099, MILWAUKEE WI 532230099
Peyton Boswell	director	805 THIRD AVE., 20TH FLOOR, NEW YORK NY 10022
Mark Vernon	director	200 SOUTH BISCAYNE BLVD, MIAMI FL 33131
Alexander J Buehler	director	C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Laurence W Lytton	10 percent owner	467 CENTRAL PARK WEST, NY NY 10025
Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Claus Toftegaard	officer: Chief Financial Officer	INDUSTRIPARKEN 22C, BALLERUP G7 2750
Peter Leifland	director	VALEVAGEN 21,5-18264, DJURSHOLM V7 00000
Joel Gay	director	10264 NW 75TH TERRACE, DORAL FL 33178
Norman H Pessin	other: See Explanation of Responses	C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin	other: See Explanation of Responses	C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin	other: See Explanation of Responses	310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021