Bergs Timber AB (Bergs Timber AB) Cash-to-Debt : 0.58 (As of Sep. 2023)

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What is Bergs Timber AB 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. Bergs Timber AB's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.58.

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, Bergs Timber AB 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 Bergs Timber AB's Cash-to-Debt or its related term are showing as below:

BRGSF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: No Debt
Current: 0.58

During the past 13 years, Bergs Timber AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.13.

BRGSF's Cash-to-Debt is not ranked
in the Forest Products industry.
Industry Median: 0.315 vs BRGSF: 0.58

Bergs Timber AB Cash-to-Debt Historical Data

The historical data trend for Bergs Timber AB'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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Bergs Timber AB Cash-to-Debt Chart

Bergs Timber AB Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.10

0.13

1.14

0.30

1.12

Bergs Timber AB Quarterly Data
	Aug18	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															0.90	1.12	0.92	0.39	0.58

Competitive Comparison of Bergs Timber AB's Cash-to-Debt

For the Lumber & Wood Production subindustry, Bergs Timber AB'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.

Bergs Timber AB's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Bergs Timber AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bergs Timber AB's Cash-to-Debt falls into.

Bergs Timber AB 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.

Bergs Timber AB'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)
	=	25.824	/	(2.794	+	20.235)
	=	1.12

Bergs Timber AB'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)
	=	22.283	/	(4.42	+	33.83)
	=	0.58

Bergs Timber AB (OTCPK:BRGSF) 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.

Bergs Timber AB Cash-to-Debt Related Terms

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Bergs Timber AB (Bergs Timber AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Bergs Timber AB (OTCPK:BRGSF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vastra Tradgardsgatan 15, Stockholm, SWE, 111 53

Website

https://www.bergstimber.com

Bergs Timber AB is engaged in the production and sale of sawn and processed timber products. The company manufactures gardening products, windows, doors, and prefabricated houses, and a facility for rot-proofing wood in Sweden. The company operates in three business segments: Wood Protection, Joinery, and Sawn Wood. Wood Protection conducts operations in wood preservatives. The Joinery product area manufactures processed products from wood such as houses, windows, and doors as well as a broad range of garden products such as fencing, windbreaks, benches, tables, and swimming pool sets. The Sawn Wood product area produces sawn products from two subsidiaries: Vika Wood in Latvia and Laest in Estonia.

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