Aurubis AG (XTER:NDA) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Aurubis 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. Aurubis AG's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Aurubis AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

XTER:NDA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 1.04 Max: No Debt
Current: 0.51

During the past 13 years, Aurubis AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.27. And the median was 1.04.

XTER:NDA's Cash-to-Debt is ranked worse than
67.49% of 2999 companies
in the Industrial Products industry
Industry Median: 1.22 vs XTER:NDA: 0.51

Aurubis AG Cash-to-Debt Historical Data

The historical data trend for Aurubis 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.

Aurubis AG Cash-to-Debt Chart

Aurubis AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

1.60

0.86

1.68

2.34

2.32

Aurubis 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															No Debt	2.11	No Debt	2.32	No Debt

Competitive Comparison of Aurubis AG's Cash-to-Debt

For the Metal Fabrication subindustry, Aurubis 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.

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

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

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

Aurubis 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.

Aurubis AG's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	609.723	/	(58.281	+	204.391)
	=	2.32

Aurubis AG's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Aurubis AG had no debt ⁽¹⁾.

Aurubis AG (XTER:NDA) 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.

Aurubis AG Cash-to-Debt Related Terms

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

Aurubis AG (XTER:NDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aurubis AG (XTER:NDA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AIAGY:USA AIAGF:USA NDAd:UK 0K7F:UK NDA:Austria

Address

Hovestrasse 50, Hamburg, BY, DEU, 20539

Website

https://www.aurubis.com

Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.

Executives

Dr. Heiko Arnold

Board of Directors

Aurubis AG (XTER:NDA) Headlines

No Headlines

Aurubis AG (XTER:NDA) Cash-to-Debt : No Debt (1) (As of Dec. 2023)