Avolta AG (XSWX:AVOL) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Avolta 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. Avolta AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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

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

XSWX:AVOL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 0.18
Current: 0.07

During the past 13 years, Avolta AG's highest Cash to Debt Ratio was 0.18. The lowest was 0.04. And the median was 0.11.

XSWX:AVOL's Cash-to-Debt is ranked worse than
86.71% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.465 vs XSWX:AVOL: 0.07

Avolta AG Cash-to-Debt Historical Data

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

Avolta AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.07

0.04

0.11

0.13

0.07

Avolta AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.11	0.13	0.13	0.13	0.07

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

For the Specialty Retail subindustry, Avolta 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.

Avolta AG's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Avolta AG's Cash-to-Debt distribution charts can be found below:

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

Avolta 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.

Avolta AG'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)
	=	769.5	/	(1922	+	9271.4)
	=	0.07

Avolta AG'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)
	=	769.5	/	(1922	+	9271.4)
	=	0.07

Avolta AG (XSWX:AVOL) 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.

Avolta AG Cash-to-Debt Related Terms

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Avolta AG (XSWX:AVOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Avolta AG (XSWX:AVOL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DFRYF:USA DUFRY:USA AVOLz:UK 0QK3:UK D2JA:Germany

Address

Brunngasslein 12, Basel, CHE, 4010

Website

https://www.avoltaworld.com

Dufry is the world's largest duty-free shop operator and leader in travel retail. Airports make up over 80% of the company's (Dufry and acquired Autogrill) total revenue. Dufry's main markets are Europe and the Americas (about 47% revenue each), while Asia contributed 6% in 2022.

Avolta AG (XSWX:AVOL) Headlines

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