Bonesupport Holding AB (FRA:2B4) Cash-to-Debt : 11.25 (As of Mar. 2024)

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What is Bonesupport Holding 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. Bonesupport Holding AB's cash to debt ratio for the quarter that ended in Mar. 2024 was 11.25.

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, Bonesupport Holding AB could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FRA:2B4' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 11.5 Max: No Debt
Current: 11.25

During the past 10 years, Bonesupport Holding AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.28. And the median was 11.50.

FRA:2B4's Cash-to-Debt is ranked better than
73.87% of 861 companies
in the Medical Devices & Instruments industry
Industry Median: 1.87 vs FRA:2B4: 11.25

Bonesupport Holding AB Cash-to-Debt Historical Data

The historical data trend for Bonesupport Holding 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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Bonesupport Holding AB Cash-to-Debt Chart

Bonesupport Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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8.86

33.76

9.64

11.50

9.55

Bonesupport Holding AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															11.62	9.86	12.60	9.55	11.25

Competitive Comparison of Bonesupport Holding AB's Cash-to-Debt

For the Medical Instruments & Supplies subindustry, Bonesupport Holding 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.

Bonesupport Holding AB's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Bonesupport Holding AB's Cash-to-Debt distribution charts can be found below:

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

Bonesupport Holding 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.

Bonesupport Holding AB'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)
	=	14.923	/	(0.381	+	1.182)
	=	9.55

Bonesupport Holding AB's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	16.543	/	(0.563	+	0.907)
	=	11.25

Bonesupport Holding AB (FRA:2B4) 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.

Bonesupport Holding AB Cash-to-Debt Related Terms

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Bonesupport Holding AB (FRA:2B4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Bonesupport Holding AB (FRA:2B4) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BOEUF:USA BONEX:Sweden

Address

Scheelevagen 19, Lund, SWE, SE-223 70

Website

https://www.bonesupport.com

Bonesupport Holding AB is a fast-growing ortho-biologics company that focuses on the treatment of bone disorders. The Company develops and sells injectable bio-ceramic bone graft substitutes based on its CERAMENT platform, which remodels to bone and has the ability to release pharmaceuticals to promote healing. Its products focus on trauma, revision arthroplasty (replacement of joint prostheses), chronic osteomyelitis (bone infection), and foot and ankle surgery. The Group manages and monitors operations in two operating segments: North America (NA) and Europe & Rest of the World (EUROW).

Bonesupport Holding AB (FRA:2B4) Headlines

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