EUROKAI GmbH KGaA (FRA:EUK3) Cash-to-Debt : 20.06 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is EUROKAI GmbH KGaA 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. EUROKAI GmbH KGaA's cash to debt ratio for the quarter that ended in Dec. 2023 was 20.06.

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, EUROKAI GmbH KGaA could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FRA:EUK3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.55 Med: 1.81 Max: No Debt
Current: 20.06

During the past 13 years, EUROKAI GmbH KGaA's highest Cash to Debt Ratio was No Debt. The lowest was 0.55. And the median was 1.81.

FRA:EUK3's Cash-to-Debt is ranked better than
92.16% of 969 companies
in the Transportation industry
Industry Median: 0.49 vs FRA:EUK3: 20.06

EUROKAI GmbH KGaA Cash-to-Debt Historical Data

The historical data trend for EUROKAI GmbH KGaA'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.

EUROKAI GmbH KGaA Cash-to-Debt Chart

EUROKAI GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.76

13.32

20.06

EUROKAI GmbH KGaA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.76	No Debt	13.32	No Debt	20.06

Competitive Comparison of EUROKAI GmbH KGaA's Cash-to-Debt

For the Marine Shipping subindustry, EUROKAI GmbH KGaA'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.

EUROKAI GmbH KGaA's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, EUROKAI GmbH KGaA's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where EUROKAI GmbH KGaA's Cash-to-Debt falls into.

EUROKAI GmbH KGaA 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.

EUROKAI GmbH KGaA'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)
	=	251.265	/	(3.651	+	8.874)
	=	20.06

EUROKAI GmbH KGaA's Cash to Debt Ratio for the quarter 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)
	=	251.265	/	(3.651	+	8.874)
	=	20.06

EUROKAI GmbH KGaA (FRA:EUK3) 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.

EUROKAI GmbH KGaA Cash-to-Debt Related Terms

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

EUROKAI GmbH KGaA (FRA:EUK3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » EUROKAI GmbH & Co KGaA (FRA:EUK3) » Definitions » Cash-to-Debt

Traded in Other Exchanges

EUK3:Germany EUK3:Germany EUK2:Germany

Address

Kurt-Eckelmann-Strasse 1, Hamburg, DEU, 21129

Website

https://www.eurokai.de

EUROKAI GmbH & Co KGaA is a container handling company, which focuses on the European market. It offers container handling services, such as loading and discharging of container vessels, ship clearance, safety, and customer services; container-depot and repair services, including containers management and handling, intermediate storage, repair, servicing, box cleaning, and 24-hour refrigeration, as well as buys and sells new and used containers. The company operates in three segments: Eurokai, Contship, and Eurogate. It operates container terminals at the seaports of La Spezia, Ravenna and Salerno in Italy; Bremerhaven and Wilhelmshaven in Germany; Tangier in Morocco; Limassol in Cyprus; Lisbon in Portugal; and Ust-Luga in Russia.

Executives

Christian Kleinfeldt

Supervisory Board

EUROKAI GmbH KGaA (FRA:EUK3) Headlines

No Headlines