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AtomTrace AS (XPRA:ATOMT) Cash-to-Debt : 0.19 (As of Dec. 2022)


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What is AtomTrace AS 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. AtomTrace AS's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.19.

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, AtomTrace AS couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

XPRA:ATOMT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14   Med: 2.07   Max: 20.7
Current: 0.19

During the past 6 years, AtomTrace AS's highest Cash to Debt Ratio was 20.70. The lowest was 0.14. And the median was 2.07.

XPRA:ATOMT's Cash-to-Debt is ranked worse than
89.73% of 2376 companies
in the Hardware industry
Industry Median: 1.335 vs XPRA:ATOMT: 0.19

AtomTrace AS Cash-to-Debt Historical Data

The historical data trend for AtomTrace AS'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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AtomTrace AS Cash-to-Debt Chart

AtomTrace AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash-to-Debt
Get a 7-Day Free Trial 20.70 0.86 3.28 0.14 0.19

AtomTrace AS Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash-to-Debt Get a 7-Day Free Trial 20.70 0.86 3.28 0.14 0.19

Competitive Comparison of AtomTrace AS's Cash-to-Debt

For the Scientific & Technical Instruments subindustry, AtomTrace AS'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.

AtomTrace AS's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AtomTrace AS's Cash-to-Debt distribution charts can be found below:

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


AtomTrace AS 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.

AtomTrace AS'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)
=1.751 / (9.261 + 0)
=0.19

AtomTrace AS's Cash to Debt Ratio for the quarter 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)
=1.751 / (9.261 + 0)
=0.19

* 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.

AtomTrace AS  (XPRA:ATOMT) 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.

AtomTrace AS Cash-to-Debt Related Terms

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AtomTrace AS (XPRA:ATOMT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AtomTrace AS (XPRA:ATOMT) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
Kolejni 9, Brno, CZE, 612 00
Website
https://www.atomtrace.com
AtomTrace AS provides technology that performs multi-elemental analysis of most of the periodic table elements including those with low atomic weight. Its products comprise LIBS Interaction Chamber, LIBS Sci-Trace, LIBS X-Trace, LIBS Application Setup, LIBS Software-AtomAnalyzer, and Digital Delay Generator.

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