TC Unterhaltungselektronik AG (FRA:TCU) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

View and export this data going back to 2000. Start your Free Trial

What is TC Unterhaltungselektronik 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. TC Unterhaltungselektronik 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, TC Unterhaltungselektronik 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 TC Unterhaltungselektronik AG's Cash-to-Debt or its related term are showing as below:

FRA:TCU' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.05 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, TC Unterhaltungselektronik AG's highest Cash to Debt Ratio was No Debt. The lowest was 1.05. And the median was No Debt.

FRA:TCU's Cash-to-Debt is ranked better than
99.84% of 2471 companies
in the Hardware industry
Industry Median: 1.35 vs FRA:TCU: No Debt

TC Unterhaltungselektronik AG Cash-to-Debt Historical Data

The historical data trend for TC Unterhaltungselektronik 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.

* Premium members only.

TC Unterhaltungselektronik AG Cash-to-Debt Chart

TC Unterhaltungselektronik AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

1.05

22.38

36.28

TC Unterhaltungselektronik AG Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															22.38	No Debt	36.28	No Debt	No Debt

Competitive Comparison of TC Unterhaltungselektronik AG's Cash-to-Debt

For the Consumer Electronics subindustry, TC Unterhaltungselektronik 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.

TC Unterhaltungselektronik AG's Cash-to-Debt Distribution in the Hardware Industry

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

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

TC Unterhaltungselektronik 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.

TC Unterhaltungselektronik AG'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)
	=	1.451	/	(0	+	0.04)
	=	36.28

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

TC Unterhaltungselektronik AG had no debt ⁽¹⁾.

TC Unterhaltungselektronik AG (FRA:TCU) 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.

TC Unterhaltungselektronik AG Cash-to-Debt Related Terms

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

TC Unterhaltungselektronik AG (FRA:TCU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TC Unterhaltungselektronik AG (FRA:TCU) » Definitions » Cash-to-Debt

Traded in Other Exchanges

TCU:Germany

Address

Im Kimmelberg 2-4, Koblenz, DEU, 56072

Website

http://www.telecontrol.de

TC Unterhaltungselektronik AG develops and produces TV-accessory equipment and broadband products for external companies. The firm has worked as hardware and software developers for iTV, IPTV and TVoiP. Its projects include ULTRAUPLOAD.lO, COUPON-CASH.COM, SNOWDEN-COIN ICO, and others.

TC Unterhaltungselektronik AG (FRA:TCU) Headlines

No Headlines

TC Unterhaltungselektronik AG (FRA:TCU) Cash-to-Debt : No Debt (1) (As of Jun. 2023)