Pfeiffer Vacuum Technology AG (XTER:PFV) Cash-to-Debt : 0.79 (As of Sep. 2023)

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What is Pfeiffer Vacuum Technology 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. Pfeiffer Vacuum Technology AG's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.79.

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, Pfeiffer Vacuum Technology AG couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XTER:PFV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.61 Med: 5.56 Max: No Debt
Current: 0.79

During the past 13 years, Pfeiffer Vacuum Technology AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.61. And the median was 5.56.

XTER:PFV's Cash-to-Debt is ranked worse than
58.33% of 3000 companies
in the Industrial Products industry
Industry Median: 1.205 vs XTER:PFV: 0.79

Pfeiffer Vacuum Technology AG Cash-to-Debt Historical Data

The historical data trend for Pfeiffer Vacuum Technology 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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Pfeiffer Vacuum Technology AG Cash-to-Debt Chart

Pfeiffer Vacuum Technology AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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1.81

1.56

1.70

5.48

0.90

Pfeiffer Vacuum Technology AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.29	0.90	0.61	0.68	0.79

Competitive Comparison of Pfeiffer Vacuum Technology AG's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Pfeiffer Vacuum Technology 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.

Pfeiffer Vacuum Technology AG's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Pfeiffer Vacuum Technology 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.

Pfeiffer Vacuum Technology AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	68.097	/	(68.175	+	7.858)
	=	0.90

Pfeiffer Vacuum Technology AG's Cash to Debt Ratio for the quarter 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)
	=	104.004	/	(4.909	+	126.812)
	=	0.79

Pfeiffer Vacuum Technology AG (XTER:PFV) 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.

Pfeiffer Vacuum Technology AG Cash-to-Debt Related Terms

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Pfeiffer Vacuum Technology AG (XTER:PFV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pfeiffer Vacuum Technology AG (XTER:PFV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PFFVF:USA 1PFV:Italy 0FQR:UK

Address

Berliner Strasse 43, Asslar, HE, DEU, 35614

Website

https://group.pfeiffer-vacuum.com

Pfeiffer Vacuum Technology AG is a Germany-based company that develops, manufactures, and markets parts and systems for vacuum generation, measurement, and analysis, and for leak detection. The company has an extensive line of solutions, products, and services, including turbo pumps, backing pumps, custom pumps, measurement and analysis equipment, and others. The company's customers primarily come from applications including semiconductors, coating, industrial purposes, and others. The company markets its products through its proprietary sales network and independent marketing agents. Pfeiffer Vacuum Technology has a global presence, with Europe, the United States, and Asia being the three biggest markets for the company.

Pfeiffer Vacuum Technology AG (XTER:PFV) Headlines

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