Wolters Kluwer NV (XAMS:WKL) Cash-to-Debt : 0.30 (As of Dec. 2023)

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What is Wolters Kluwer NV 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. Wolters Kluwer NV's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.30.

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, Wolters Kluwer NV 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 Wolters Kluwer NV's Cash-to-Debt or its related term are showing as below:

XAMS:WKL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.31 Max: 0.37
Current: 0.3

During the past 13 years, Wolters Kluwer NV's highest Cash to Debt Ratio was 0.37. The lowest was 0.22. And the median was 0.31.

XAMS:WKL's Cash-to-Debt is ranked worse than
70.54% of 1066 companies
in the Business Services industry
Industry Median: 0.995 vs XAMS:WKL: 0.30

Wolters Kluwer NV Cash-to-Debt Historical Data

The historical data trend for Wolters Kluwer NV'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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Wolters Kluwer NV Cash-to-Debt Chart

Wolters Kluwer NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.29

0.23

0.32

0.37

0.30

Wolters Kluwer NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.32	0.33	0.37	0.31	0.30

Competitive Comparison of Wolters Kluwer NV's Cash-to-Debt

For the Specialty Business Services subindustry, Wolters Kluwer NV'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.

Wolters Kluwer NV's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wolters Kluwer NV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Wolters Kluwer NV's Cash-to-Debt falls into.

Wolters Kluwer NV 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.

Wolters Kluwer NV'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)
	=	1135	/	(659	+	3080)
	=	0.30

Wolters Kluwer NV'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)
	=	1135	/	(659	+	3080)
	=	0.30

Wolters Kluwer NV (XAMS:WKL) 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.

Wolters Kluwer NV Cash-to-Debt Related Terms

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Wolters Kluwer NV (XAMS:WKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wolters Kluwer NV (XAMS:WKL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WTKWY:USA WOLTF:USA WKLa:UK 0NMU:UK WOSB:Germany

Address

Zuidpoolsingel 2, P.O. Box 1030, Alphen aan den Rijn, ZH, NLD, 2400

Website

https://www.wolterskluwer.com

Wolters Kluwer is a Europe-listed global information services company. It operates across four distinct business segments serving a wide array of clients: health (26% of 2020 sales), tax and accounting (31%), legal and regulatory (23%), and governance, risk, and compliance (20%). Within these divisions, Wolters aims to be the industry leader in a variety of niche, higher-value services.

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