CGift AG (HAM:T7RA) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2019)

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What is CGift 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. CGift AG's cash to debt ratio for the quarter that ended in Dec. 2019 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, CGift AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2019.

(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 CGift AG's Cash-to-Debt or its related term are showing as below:

HAM:T7RA's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.72
* Ranked among companies with meaningful Cash-to-Debt only.

CGift AG Cash-to-Debt Historical Data

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

CGift AG Annual Data

Trend

Dec17

Dec18

Dec19

Cash-to-Debt

0.30

No Debt

CGift AG Semi-Annual Data
	Dec17	Dec18	Dec19
Cash-to-Debt	0.30	No Debt	No Debt

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

For the Asset Management subindustry, CGift 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.

CGift AG's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CGift AG's Cash-to-Debt distribution charts can be found below:

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

CGift 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.

CGift AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

CGift AG had no debt ⁽¹⁾.

CGift AG's Cash to Debt Ratio for the quarter that ended in Dec. 2019 is calculated as:

CGift AG had no debt ⁽¹⁾.

CGift AG (HAM:T7RA) 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.

CGift AG Cash-to-Debt Related Terms

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

CGift AG (HAM:T7RA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CGift AG (HAM:T7RA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Schopenstehl 22, Hamburg, DEU, 20095

Website

http://www.tyros.ag

CGift AG, formerly Tyros AG is a Germany based financial services provider. It invests in companies consists of blockchain business. It is engaged in provision and operation of an App and web-based platform for managing and redeeming crypto gift cards.

CGift AG (HAM:T7RA) Headlines

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CGift AG (HAM:T7RA) Cash-to-Debt : No Debt (1) (As of Dec. 2019)