FOM Technologies A/S (OCSE:FOM) Cash-to-Debt : 5.46 (As of Dec. 2023)

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What is FOM Technologies A/S 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. FOM Technologies A/S's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.46.

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, FOM Technologies A/S 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 FOM Technologies A/S's Cash-to-Debt or its related term are showing as below:

OCSE:FOM' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.63 Med: 12.76 Max: 190.65
Current: 5.46

During the past 6 years, FOM Technologies A/S's highest Cash to Debt Ratio was 190.65. The lowest was 4.63. And the median was 12.76.

OCSE:FOM's Cash-to-Debt is ranked better than
72.35% of 2904 companies
in the Industrial Products industry
Industry Median: 1.22 vs OCSE:FOM: 5.46

FOM Technologies A/S Cash-to-Debt Historical Data

The historical data trend for FOM Technologies A/S'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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FOM Technologies A/S Cash-to-Debt Chart

FOM Technologies A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

6.50

190.65

19.02

63.64

5.46

FOM Technologies A/S Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						19.02	N/A	63.64	2.14	5.46

Competitive Comparison of FOM Technologies A/S's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, FOM Technologies A/S'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.

FOM Technologies A/S's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FOM Technologies A/S's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where FOM Technologies A/S's Cash-to-Debt falls into.

FOM Technologies A/S 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.

FOM Technologies A/S'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)
	=	48.038	/	(1.823	+	6.977)
	=	5.46

FOM Technologies A/S'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)
	=	48.038	/	(1.823	+	6.977)
	=	5.46

FOM Technologies A/S (OCSE:FOM) 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.

FOM Technologies A/S Cash-to-Debt Related Terms

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FOM Technologies A/S (OCSE:FOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FOM Technologies A/S (OCSE:FOM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Artillerivej 86, 1, Copenhagen, DNK, 2300

Website

https://www.fomtechnologies.com

FOM Technologies A/S is engaged in the sale of machinery for material research. The company's products include Machines-rolls; Machines-sheets, and Slot-die-heads.

FOM Technologies A/S (OCSE:FOM) Headlines

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