Central European Media Enterprises (Central European Media Enterprises) Cash-to-Debt

: 0.29 (As of Jun. 2020)

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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. Central European Media Enterprises's cash to debt ratio for the quarter that ended in Jun. 2020 was 0.29.

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, Central European Media Enterprises couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

The historical rank and industry rank for Central European Media Enterprises's Cash-to-Debt or its related term are showing as below:

CETV's Cash-to-Debt is not ranked ^*
in the Media - Diversified industry.
Industry Median: 1.26
* Ranked among companies with meaningful Cash-to-Debt only.

Central European Media Enterprises Cash-to-Debt Historical Data

The historical data trend for Central European Media Enterprises'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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Central European Media Enterprises Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

0.07

0.04

0.05

0.08

0.06

Central European Media Enterprises Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Cash-to-Debt																0.11	0.06	0.06	0.23	0.29

Competitive Comparison

For the Broadcasting subindustry, Central European Media Enterprises'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.

Central European Media Enterprises Cash-to-Debt Distribution

For the Media - Diversified industry and Communication Services sector, Central European Media Enterprises's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Central European Media Enterprises's Cash-to-Debt falls into.

Central European Media Enterprises 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.

Central European Media Enterprises's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
	=	36.621	/	(10.039	+	608.707)
	=	0.06

Central European Media Enterprises's Cash to Debt Ratio for the quarter that ended in Jun. 2020 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)
	=	176.094	/	(10.332	+	605.627)
	=	0.29

Central European Media Enterprises (NAS:CETV) 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.

Central European Media Enterprises Cash-to-Debt Related Terms

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Central European Media Enterprises (Central European Media Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Central European Media Enterprises Ltd (NAS:CETV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Bermudiana Road, O'Hara House, Hamilton, BMU, HM 08

Website

http://www.cetv-net.com

Central European Media Enterprises Ltd is a media and entertainment company. The company manages its business based on geographical segments in Bulgaria, the Czech Republic, Romania, and the Slovak Republic. Geographically, it generates maximum revenue from the Czech Republic. The company generates advertising revenues from placing ads on the television channels.

Executives

Christoph Mainusch	officer: co-Chief Executive Officer	KRIZENECKEHO NAM. 1078/5A PRAGUE 5 2N 15200
Daniel Penn	officer: EVP, General Counsel	C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
Nin Michael Del	officer: co-Chief Executive Officer	C/O CME MEDIA SERVICES LIMITED BRANCH, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200
Alfred W Langer	director	C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
John Billock	director	C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
Kelli Turner	director	C/O CME MEDIA SERVICES LTD, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200
David Sturgeon	officer: EVP, Chief Financial Officer	C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
Parm Sandhu	director	C/O MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200
Peter H Knag	director	208 S AKARD STREET DALLAS TX 75202
Turner Theodore Mckinley Iii	director	ONE TIME WARNER CENTER NEW YORK NY 10019
At&t Inc.	director, 10 percent owner	208 S. AKARD ST ATTN : JAMES LACY DALLAS TX 75202
Bruce Maggin	director	C/O CME MEDIA SERVICES LIMITED, KRIZENECKEHO NAM 1078/5A, PRAGUE 2N 15200
Time Warner Inc.	director, 10 percent owner	ONE TIME WARNER CENTER, NEW YORK NY 10019
Tw Media Holdings Llc	director, 10 percent owner	ONE TIME WARNER CENTER NEW YORK NY 10019
Time Warner Media Holdings B.v.	director, 10 percent owner	ONE TIME WARNER CENTER NEW YORK NY 10019