Ideal Holdings (ATH:INTEK) Cash-to-Debt : 0.44 (As of Jun. 2023)

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What is Ideal Holdings 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. Ideal Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.44.

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, Ideal Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

ATH:INTEK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.44 Med: 5.52 Max: No Debt
Current: 0.44

During the past 5 years, Ideal Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.44. And the median was 5.52.

ATH:INTEK's Cash-to-Debt is ranked worse than
75.52% of 2337 companies
in the Hardware industry
Industry Median: 1.34 vs ATH:INTEK: 0.44

Ideal Holdings Cash-to-Debt Historical Data

The historical data trend for Ideal Holdings'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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Ideal Holdings Cash-to-Debt Chart

Ideal Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

No Debt

5.52

8.94

0.94

Ideal Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial			8.94	N/A	0.94	0.51	0.44

Competitive Comparison of Ideal Holdings's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Ideal Holdings'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.

Ideal Holdings's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ideal Holdings's Cash-to-Debt distribution charts can be found below:

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

Ideal Holdings 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.

Ideal Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	16.629	/	(7.259	+	10.409)
	=	0.94

Ideal Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	22.879	/	(21.575	+	30.329)
	=	0.44

Ideal Holdings (ATH:INTEK) 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.

Ideal Holdings Cash-to-Debt Related Terms

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

Ideal Holdings (ATH:INTEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ideal Holdings SA (ATH:INTEK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Creon 25, Athens, GRC, 10442

Website

https://www.idealholdings.gr

Ideal Holdings SA is engaged in the distribution of white home appliances, IT products and distribution of specialized software products.

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