E Schnapp Co Works (XTAE:SHNP) Cash-to-Debt : 0.13 (As of Mar. 2024)

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What is E Schnapp Co Works 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. E Schnapp Co Works's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.13.

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, E Schnapp Co Works couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for E Schnapp Co Works's Cash-to-Debt or its related term are showing as below:

XTAE:SHNP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.16
Current: 0.13

During the past 10 years, E Schnapp Co Works's highest Cash to Debt Ratio was 0.16. The lowest was 0.01. And the median was 0.07.

XTAE:SHNP's Cash-to-Debt is ranked worse than
81.48% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs XTAE:SHNP: 0.13

E Schnapp Co Works Cash-to-Debt Historical Data

The historical data trend for E Schnapp Co Works'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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E Schnapp Co Works Cash-to-Debt Chart

E Schnapp Co Works Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.07

0.03

0.09

0.07

0.05

E Schnapp Co Works Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.16	0.12	0.09	0.13

Competitive Comparison of E Schnapp Co Works's Cash-to-Debt

For the Auto Parts subindustry, E Schnapp Co Works'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.

E Schnapp Co Works's Cash-to-Debt Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where E Schnapp Co Works's Cash-to-Debt falls into.

E Schnapp Co Works 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.

E Schnapp Co Works'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)
	=	7.421	/	(131.51	+	24.925)
	=	0.05

E Schnapp Co Works's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	3.138	/	(23.196	+	0.985)
	=	0.13

E Schnapp Co Works (XTAE:SHNP) 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.

E Schnapp Co Works Cash-to-Debt Related Terms

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

E Schnapp Co Works (XTAE:SHNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » E Schnapp Co Works Ltd (XTAE:SHNP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Shecterman, Industrial Zone, Netanya, ISR, 42379

Website

http://www.schnapp.co.il

E Schnapp Co Works Ltd manufactures & distributes lead-acid batteries. It offers batteries for private vehicles, buses, electric vehicles, deep cycle batteries for wheelchairs, washing machines batteries; and battery chargers and testers among others. It is also engaged in the import and marketing of tires and car accessories.

E Schnapp Co Works (XTAE:SHNP) Headlines

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