Basf SE (XTER:BAS) Cash-to-Debt : 0.14 (As of Mar. 2024)

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What is Basf 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. Basf SE's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.14.

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, Basf SE couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XTER:BAS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.14 Max: 0.35
Current: 0.13

During the past 13 years, Basf SE's highest Cash to Debt Ratio was 0.35. The lowest was 0.11. And the median was 0.14.

XTER:BAS's Cash-to-Debt is ranked worse than
85.71% of 1553 companies
in the Chemicals industry
Industry Median: 0.74 vs XTER:BAS: 0.13

Basf SE Cash-to-Debt Historical Data

The historical data trend for Basf 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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Basf SE Cash-to-Debt Chart

Basf SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.14

0.21

0.15

0.13

Basf SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.12	0.12	0.13	0.14

Competitive Comparison of Basf SE's Cash-to-Debt

For the Chemicals subindustry, Basf 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.

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

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

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

Basf 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.

Basf 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)
	=	2677	/	(2947	+	18400)
	=	0.13

Basf SE's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	2842	/	(2032	+	18986)
	=	0.14

Basf SE (XTER:BAS) 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.

Basf SE Cash-to-Debt Related Terms

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

Basf SE (XTER:BAS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

BFFAF:USA BASFY:USA BAS N:Mexico BASF:Italy BASF:Hungary BASd:UK 0BFA:UK BAS:Austria

Address

Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, DEU, 67056

Website

https://www.basf.com

Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks. Given its sheer size, BASF has a top-three market position in approximately 70% of its businesses.

Executives

Dr. Stephan Kothrade	Board of Directors
Dr. Melanie Maas-brunner	Board of Directors
Dr. Dirk Elvermann	Board of Directors
Dr. Kurt Bock	Supervisory Board
Prof. Dr. Stefan Asenkerschbaumer	Supervisory Board
Dame Alison Carnwath	Supervisory Board
Prof. Dr. Thomas Carell	Supervisory Board
Alessandra Genco	Supervisory Board
Liming Chen	Supervisory Board
Dr. Markus Kamieth	Board of Directors
Saori Dubourg	Board of Directors
Sinischa Horvat	Supervisory Board
Tatjana Diether	Supervisory Board
Waldemar Helber	Supervisory Board
Michael Heinz	Board of Directors

Basf SE (XTER:BAS) Headlines

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