Limes Schlosskliniken AG (STU:LIK) Cash-to-Debt : 0.78 (As of Jun. 2023)

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What is Limes Schlosskliniken 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. Limes Schlosskliniken AG's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.78.

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, Limes Schlosskliniken AG couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

STU:LIK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.81 Max: No Debt
Current: 0.78

During the past 6 years, Limes Schlosskliniken AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.23. And the median was 0.81.

STU:LIK's Cash-to-Debt is ranked better than
53.17% of 662 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs STU:LIK: 0.78

Limes Schlosskliniken AG Cash-to-Debt Historical Data

The historical data trend for Limes Schlosskliniken 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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Limes Schlosskliniken AG Cash-to-Debt Chart

Limes Schlosskliniken AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.23

No Debt

0.70

0.57

1.21

Limes Schlosskliniken AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial							0.78	0.57	1.28	1.21	0.78

Competitive Comparison of Limes Schlosskliniken AG's Cash-to-Debt

For the Medical Care Facilities subindustry, Limes Schlosskliniken 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.

Limes Schlosskliniken AG's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Limes Schlosskliniken AG's Cash-to-Debt distribution charts can be found below:

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

Limes Schlosskliniken 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.

Limes Schlosskliniken AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	10.926	/	(0	+	9.038)
	=	1.21

Limes Schlosskliniken AG's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	6.252	/	(0	+	8.05)
	=	0.78

Limes Schlosskliniken AG (STU:LIK) 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.

Limes Schlosskliniken AG Cash-to-Debt Related Terms

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Limes Schlosskliniken AG (STU:LIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Limes Schlosskliniken AG (STU:LIK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LIK:Germany

Address

Kaiser-Wilhelm-Ring 26, Cologne, NW, DEU, 50672

Website

https://www.limes-schlosskliniken.de

Limes Schlosskliniken AG operates mental and psychosomatic mental health clinic. It specializes in the treatment of stress disorders including depressions, Burnout Syndrome, Posttraumatic stress disorder, Anxiety / obsessive-compulsive disorder, eating disorders, personality disorders, and Somatization disorders such as chronic pain. LIMES Schlosskliniken operates in the market for high-quality private hospitals specializing in psychiatry, psychotherapy, and psychosomatics in Germany and Switzerland.

Limes Schlosskliniken AG (STU:LIK) Headlines

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