Rhoen Klinikum AG (XTER:RHK) Cash-to-Debt : 2.35 (As of Dec. 2023)

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What is Rhoen Klinikum 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. Rhoen Klinikum AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.35.

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, Rhoen Klinikum AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XTER:RHK' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.37 Med: 2.42 Max: 60.17
Current: 2.35

During the past 13 years, Rhoen Klinikum AG's highest Cash to Debt Ratio was 60.17. The lowest was 1.37. And the median was 2.42.

XTER:RHK's Cash-to-Debt is ranked better than
68.55% of 655 companies
in the Healthcare Providers & Services industry
Industry Median: 0.74 vs XTER:RHK: 2.35

Rhoen Klinikum AG Cash-to-Debt Historical Data

The historical data trend for Rhoen Klinikum 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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Rhoen Klinikum AG Cash-to-Debt Chart

Rhoen Klinikum AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.37

1.66

1.88

1.93

2.35

Rhoen Klinikum AG 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	Get a 7-Day Free Trial															1.93	No Debt	34.22	No Debt	2.35

Competitive Comparison of Rhoen Klinikum AG's Cash-to-Debt

For the Medical Care Facilities subindustry, Rhoen Klinikum 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.

Rhoen Klinikum AG's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rhoen Klinikum AG's Cash-to-Debt distribution charts can be found below:

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

Rhoen Klinikum 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.

Rhoen Klinikum 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)
	=	352.842	/	(3.7	+	146.2)
	=	2.35

Rhoen Klinikum 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)
	=	352.842	/	(3.7	+	146.2)
	=	2.35

Rhoen Klinikum AG (XTER:RHK) 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.

Rhoen Klinikum AG Cash-to-Debt Related Terms

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

Rhoen Klinikum AG (XTER:RHK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rhoen Klinikum AG (XTER:RHK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RKAGY:USA RHKJF:USA 0NQH:UK RHK:Austria

Address

Salzburger Leite 1, Bad Neustadt a. d. Saale, DEU, 97616

Website

https://www.rhoen-klinikum-ag.com

Rhoen Klinikum AG provides medical care focused in five key areas: cardiovascular medicine, neuromedicine, oncology, pulmonary diseases, and orthopedic and trauma surgery. The firm operates in three business areas: acute hospitals, medical care centers, and rehabilitation hospitals. The acute hospitals business contributes to the vast majority of the firm's overall revenue. The majority of patients at the firm's acute hospitals and medical care centers are treated on an outpatient basis. Rhoen Klinikum generates the entirety of its revenue in Germany, with the Bavaria and Hesse regions contributing the largest proportions of revenue.

Rhoen Klinikum AG (XTER:RHK) Headlines

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