Carbios (XPAR:ALCRB) Cash-to-Debt : 4.58 (As of Dec. 2023)

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What is Carbios 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. Carbios's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.58.

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

XPAR:ALCRB' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.63 Med: 6.27 Max: 73.02
Current: 4.58

During the past 12 years, Carbios's highest Cash to Debt Ratio was 73.02. The lowest was 2.63. And the median was 6.27.

XPAR:ALCRB's Cash-to-Debt is ranked better than
76.74% of 1552 companies
in the Chemicals industry
Industry Median: 0.735 vs XPAR:ALCRB: 4.58

Carbios Cash-to-Debt Historical Data

The historical data trend for Carbios'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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Carbios Cash-to-Debt Chart

Carbios Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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4.17

5.15

7.38

2.63

4.58

Carbios 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															7.38	2.69	2.63	1.73	4.58

Competitive Comparison of Carbios's Cash-to-Debt

For the Specialty Chemicals subindustry, Carbios'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.

Carbios's Cash-to-Debt Distribution in the Chemicals Industry

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

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

Carbios 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.

Carbios'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)
	=	191.821	/	(3.912	+	37.989)
	=	4.58

Carbios'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)
	=	191.821	/	(3.912	+	37.989)
	=	4.58

Carbios (XPAR:ALCRB) 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.

Carbios Cash-to-Debt Related Terms

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

Carbios (XPAR:ALCRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Carbios SA (XPAR:ALCRB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

COOSF:USA 3C1:Germany

Address

5, Rue de la Baume, Paris, FRA, 75008

Website

http://www.carbios.fr

Carbios SA specializes in developing industrial bio-process for the recycling of plastic waste and the production of the biopolymer. The company creates a new generation of fully biodegradable plastics with a controlled lifespan, a process enabling infinite biorecycling of plastic waste (PET) and a new biological pathway to produce biosourced polymers. It uses Biodegradation; Biorecycling and Bioproduction techniques.

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