Conergy AG (LTS:0P51) Cash-to-Debt : 0.09 (As of Mar. 2013)

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What is Conergy 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. Conergy AG's cash to debt ratio for the quarter that ended in Mar. 2013 was 0.09.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Conergy AG couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2013.

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

LTS:0P51' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.21 Max: No Debt
Current: 0.09

During the past 10 years, Conergy AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 0.21.

LTS:0P51's Cash-to-Debt is not ranked
in the Semiconductors industry.
Industry Median: 1.765 vs LTS:0P51: 0.09

Conergy AG Cash-to-Debt Historical Data

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

Conergy AG Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash-to-Debt

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0.10

0.19

0.14

0.23

0.17

Conergy AG Quarterly Data
	Dec03	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Cash-to-Debt	Get a 7-Day Free Trial															0.23	0.66	0.13	0.17	0.09

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

For the Solar subindustry, Conergy 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.

Conergy AG's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

Conergy 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.

Conergy AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2012 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)
	=	23.3	/	(55	+	81.3)
	=	0.17

Conergy AG's Cash to Debt Ratio for the quarter that ended in Mar. 2013 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)
	=	12.4	/	(54.1	+	81.3)
	=	0.09

Conergy AG (LTS:0P51) 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.

Conergy AG Cash-to-Debt Related Terms

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Conergy AG (LTS:0P51) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Conergy AG (LTS:0P51) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Anckelmannsplatz 1, Hamburg, DEU, 20537

Website

http://www.conergy.com

Conergy AG is a German company which acts as a supplier in the field of solar system integration. The company produces, installs and plans solar systems and wind power stations. It develops, produces, and sells photovoltaic plants and plant components. The company is also engaged in project development and the implementation of large-scale photovoltaic projects.

Conergy AG (LTS:0P51) Headlines

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