GEA Group AG (XTER:G1A) Cash-to-Debt : 2.58 (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is GEA Group AG 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. GEA Group AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.58.

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

XTER:G1A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.84 Med: 2.15 Max: 6.44
Current: 2.58

During the past 13 years, GEA Group AG's highest Cash to Debt Ratio was 6.44. The lowest was 0.84. And the median was 2.15.

XTER:G1A's Cash-to-Debt is ranked better than
63.84% of 2998 companies
in the Industrial Products industry
Industry Median: 1.18 vs XTER:G1A: 2.58

GEA Group AG Cash-to-Debt Historical Data

The historical data trend for GEA Group 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.

* Premium members only.

GEA Group AG Cash-to-Debt Chart

GEA Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.84

1.50

2.27

2.02

2.58

GEA Group 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	Get a 7-Day Free Trial															2.02	No Debt	No Debt	No Debt	2.58

Competitive Comparison of GEA Group AG's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, GEA Group 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.

GEA Group AG's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

GEA Group 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.

GEA Group 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)
	=	661.553	/	(60.845	+	195.848)
	=	2.58

GEA Group 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)
	=	661.553	/	(60.845	+	195.848)
	=	2.58

GEA Group AG (XTER:G1A) 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.

GEA Group AG Cash-to-Debt Related Terms

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

GEA Group AG (XTER:G1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GEA Group AG (XTER:G1A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GEAGF:USA G1A:Mexico 1G:Italy G1Ad:UK 0MPJ:UK

Address

Peter-Muller-Strasse 12, Dusseldorf, DEU, 40468

Website

https://www.gea.com

GEA Group is one of the world's largest suppliers of processing systems and equipment for the food, beverage, and pharmaceutical industries. Across its five divisions, GEA designs and manufactures process engineering equipment and offers turnkey solutions for customers' processing lines or product(s). GEA also offers a comprehensive aftermarket offering spanning maintenance services and spare parts and components.

Executives

Johannes Giloth	Board of Directors
Bernhard Brinker	Board of Directors
Marcus Ketter	Board of Directors

GEA Group AG (XTER:G1A) Headlines

No Headlines