Deutsche Boerse AG (XTER:DB1) Cash-to-Debt

: 16.11 (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. Deutsche Boerse AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 16.11.

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

XTER:DB1' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.11 Med: 32.94 Max: No Debt
Current: 16.11

During the past 13 years, Deutsche Boerse AG's highest Cash to Debt Ratio was No Debt. The lowest was 16.11. And the median was 32.94.

XTER:DB1's Cash-to-Debt is ranked better than
70.99% of 786 companies
in the Capital Markets industry
Industry Median: 1.73 vs XTER:DB1: 16.11

Deutsche Boerse AG Cash-to-Debt Historical Data

The historical data trend for Deutsche Boerse AG'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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Deutsche Boerse AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

29.23

18.95

17.55

24.72

16.11

Deutsche Boerse AG 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																24.72	No Debt	No Debt	No Debt	16.11

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG'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.

Deutsche Boerse AG Cash-to-Debt Distribution

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Cash-to-Debt distribution charts can be found below:

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

Deutsche Boerse AG 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.

Deutsche Boerse AG'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)
	=	140499	/	(1243.5	+	7480.5)
	=	16.10

Deutsche Boerse AG'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)
	=	140499	/	(1243.5	+	7480.5)
	=	16.10

Deutsche Boerse AG (XTER:DB1) 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.

Deutsche Boerse AG Cash-to-Debt Related Terms

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Deutsche Boerse AG (XTER:DB1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Deutsche Boerse AG (XTER:DB1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DBOEY:USA DBOEF:USA DB1:Mexico DB1:Italy DB1d:UK 0H3T:UK DBO:Austria

Address

Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485

Website

https://www.deutsche-boerse.com

Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.

Executives

Heike Eckert	Board of Directors
Dr. Christoph Böhm	Board of Directors
Dr. Stephan Leithner	Board of Directors
Dr. Thomas Book	Board of Directors
Gregor Pottmeyer	Board of Directors
Dr. Theodor Weimer	Board of Directors

Deutsche Boerse AG (XTER:DB1) Headlines

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