Heliad AG (XTER:A7A) Cash-to-Debt : 0.70 (As of Dec. 2023)

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What is Heliad 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. Heliad AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.70.

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, Heliad 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 Heliad AG's Cash-to-Debt or its related term are showing as below:

XTER:A7A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.7 Med: 7237.33 Max: No Debt
Current: 0.7

During the past 13 years, Heliad AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.70. And the median was 7237.33.

XTER:A7A's Cash-to-Debt is ranked worse than
62.92% of 1467 companies
in the Asset Management industry
Industry Median: 5.53 vs XTER:A7A: 0.70

Heliad AG Cash-to-Debt Historical Data

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

Heliad AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

9.75

14.40

No Debt

0.70

Heliad 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															No Debt	No Debt	No Debt	8.32	0.70

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

For the Asset Management subindustry, Heliad 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.

Heliad AG's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Heliad AG's Cash-to-Debt distribution charts can be found below:

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

Heliad 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.

Heliad 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)
	=	10.424	/	(0	+	14.936)
	=	0.70

Heliad 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)
	=	10.424	/	(0	+	14.936)
	=	0.70

Heliad AG (XTER:A7A) 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.

Heliad AG Cash-to-Debt Related Terms

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

Heliad AG (XTER:A7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Heliad AG (XTER:A7A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

A7A:Germany A7A:Germany A7A:Germany

Address

Ulmenstraße 37-39, Frankfurt am Main, DEU, 60325

Website

https://www.heliad.com

Heliad AG is engaged in building and investing in the financial service technologies (fintech) sector. It focuses on developing German fintech start-ups, as well as providing venture capital in the form of long-term participation and ongoing support of the investment. Besides, it also offers venture capital deals, such as seed and follow-on rounds for fintech companies both in Germany and internationally.

Executives

Juan Rodriguez	Board of Directors
Stefan Schütze	Board of Directors

Heliad AG (XTER:A7A) Headlines

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