Exasol AG (FRA:EXL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is Exasol 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. Exasol AG's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt ⁽¹⁾.

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, Exasol AG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(1) 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.

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

FRA:EXL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 938.14 Max: No Debt
Current: No Debt

During the past 7 years, Exasol AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.28. And the median was 938.14.

FRA:EXL's Cash-to-Debt is ranked better than
99.86% of 2799 companies
in the Software industry
Industry Median: 2.47 vs FRA:EXL: No Debt

Exasol AG Cash-to-Debt Historical Data

The historical data trend for Exasol 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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Exasol AG Cash-to-Debt Chart

Exasol AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.80

0.28

978.62

938.14

No Debt

Exasol AG Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial							914.02	938.14	2,754.29	No Debt	No Debt

Competitive Comparison of Exasol AG's Cash-to-Debt

For the Software - Infrastructure subindustry, Exasol 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.

Exasol AG's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Exasol AG's Cash-to-Debt distribution charts can be found below:

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

Exasol 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.

Exasol AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Exasol AG had no debt ⁽¹⁾.

Exasol AG's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Exasol AG had no debt ⁽¹⁾.

Exasol AG (FRA:EXL) 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.

Exasol AG Cash-to-Debt Related Terms

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

Exasol AG (FRA:EXL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exasol AG (FRA:EXL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EXL:Germany

Address

Neumeyerstr. 22 - 26, Nuremberg, BY, DEU, 90411

Website

https://www.exasol.com

Exasol AG is a global technology company providing a next-generation in-memory analytical database that enables customers to access and analyse data at high speed and scale. The company's technology is used in a wide range of analytical use cases for financial reporting, data visualisation and predictive analytics.

Exasol AG (FRA:EXL) Headlines

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Exasol AG (FRA:EXL) Cash-to-Debt : No Debt (1) (As of Jun. 2023)