Allianz SE (Allianz SE) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

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. Allianz SE's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Allianz SE could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

ALIZF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.54 Max: No Debt
Current: No Debt

During the past 13 years, Allianz SE's highest Cash to Debt Ratio was No Debt. The lowest was 0.32. And the median was 0.54.

ALIZF's Cash-to-Debt is ranked better than
99.59% of 482 companies
in the Insurance industry
Industry Median: 1.87 vs ALIZF: No Debt

Allianz SE Cash-to-Debt Historical Data

The historical data trend for Allianz SE'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.

* Premium members only.

Allianz SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.54

0.56

0.68

0.56

No Debt

Allianz SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.56	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Insurance - Diversified subindustry, Allianz SE'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.

Allianz SE Cash-to-Debt Distribution

For the Insurance industry and Financial Services sector, Allianz SE's Cash-to-Debt distribution charts can be found below:

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

Allianz SE Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Allianz SE's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Allianz SE had no debt ⁽¹⁾.

Allianz SE's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Allianz SE had no debt ⁽¹⁾.

Allianz SE (OTCPK:ALIZF) 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.

Allianz SE Cash-to-Debt Related Terms

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

Allianz SE (Allianz SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Allianz SE (OTCPK:ALIZF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ALIZY:USA ALV:Mexico ALV:Italy ALVd:UK 0M6S:UK ALV:Germany ALV:Austria

Address

Koniginstrasse 28, Munich, BY, DEU, 80802

Website

https://www.allianz.com

Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.