Aramis Group (XPAR:ARAMI) Cash-to-Debt : 0.32 (As of Sep. 2023)

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What is Aramis Group 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. Aramis Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.32.

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, Aramis Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XPAR:ARAMI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.49 Max: 1.63
Current: 0.32

During the past 6 years, Aramis Group's highest Cash to Debt Ratio was 1.63. The lowest was 0.21. And the median was 0.49.

XPAR:ARAMI's Cash-to-Debt is ranked worse than
64.22% of 1224 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs XPAR:ARAMI: 0.32

Aramis Group Cash-to-Debt Historical Data

The historical data trend for Aramis Group'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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Aramis Group Cash-to-Debt Chart

Aramis Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

0.21

0.89

1.63

0.59

0.32

Aramis Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial					1.63	0.36	0.59	0.22	0.32

Competitive Comparison of Aramis Group's Cash-to-Debt

For the Auto & Truck Dealerships subindustry, Aramis Group'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.

Aramis Group's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aramis Group's Cash-to-Debt distribution charts can be found below:

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

Aramis Group 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.

Aramis Group's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	49.04	/	(62.154	+	89.137)
	=	0.32

Aramis Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	49.04	/	(62.154	+	89.137)
	=	0.32

Aramis Group (XPAR:ARAMI) 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.

Aramis Group Cash-to-Debt Related Terms

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

Aramis Group (XPAR:ARAMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aramis Group SA (XPAR:ARAMI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

6T6:Germany

Address

23 Avenue Aristide Briand, Arcueil, FRA, 94110

Website

https://www.aramis.group

Aramis Group SA is engaged in the online sales of used cars to private individuals in France, Belgium, Spain, and the United Kingdom. The principal business segments of the company are online vehicle distribution and the development of automotive services. It offers customers a wide range of automotive products and services in a seamless, intuitive, and immersive sales and purchasing experience, which can take place both fully online and fully offline through a network of customer centers. The company comprises four brands: Aramisauto, Cardoen, Clicars, and CarSupermarket, based in France, Belgium, Spain, and the United Kingdom, respectively.

Aramis Group (XPAR:ARAMI) Headlines

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