Eniro Group AB (FRA:EN8A) Cash-to-Debt : 3.23 (As of Sep. 2024)

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

What is Eniro Group AB 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. Eniro Group AB's cash to debt ratio for the quarter that ended in Sep. 2024 was 3.23.

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, Eniro Group AB could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

FRA:EN8A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.16 Max: 5.28
Current: 3.23

During the past 13 years, Eniro Group AB's highest Cash to Debt Ratio was 5.28. The lowest was 0.02. And the median was 0.16.

FRA:EN8A's Cash-to-Debt is ranked worse than
57.55% of 556 companies
in the Interactive Media industry
Industry Median: 5.055 vs FRA:EN8A: 3.23

Eniro Group AB Cash-to-Debt Historical Data

The historical data trend for Eniro Group AB'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.

Eniro Group AB Cash-to-Debt Chart

Eniro Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.18

3.89

4.88

4.96

3.81

Eniro Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															2.59	3.81	4.05	3.37	3.23

Competitive Comparison of Eniro Group AB's Cash-to-Debt

For the Internet Content & Information subindustry, Eniro Group AB'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.

Eniro Group AB's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Eniro Group AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eniro Group AB's Cash-to-Debt falls into.

Eniro Group AB 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.

Eniro Group AB'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)
	=	14.661	/	(1.967	+	1.877)
	=	3.81

Eniro Group AB's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	9.953	/	(1.85	+	1.233)
	=	3.23

Eniro Group AB (FRA:EN8A) 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.

Eniro Group AB Cash-to-Debt Related Terms

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

Eniro Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Eniro Group AB (FRA:EN8A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ENRO:Sweden

Address

Gardsvagen 6, Solna, Stockholm, SWE, 169 70

Website

https://www.enirogroup.com

Eniro Group AB is a search engine company for individuals and companies operating in Sweden, Norway, Denmark, Finland, and Poland. Its operations are divided into three business areas. The Marketing Partner business area offers local small and medium-sized companies a comprehensive range of digital marketing services with the help of both external partnerships and its own local search engines. The Voice business area offers customer service and response service for larger companies in the Nordic region, as well as directory inquiry services. The Venture business area consists of the successful app and other growth initiatives.

Eniro Group AB Headlines

No Headlines