Carel Industries SpA (MIL:CRL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2025)

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What is Carel Industries SpA 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. Carel Industries SpA's cash to debt ratio for the quarter that ended in Mar. 2025 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, Carel Industries SpA could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

(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 Carel Industries SpA's Cash-to-Debt or its related term are showing as below:

MIL:CRL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 0.66 Max: No Debt
Current: 0.72

During the past 11 years, Carel Industries SpA's highest Cash to Debt Ratio was No Debt. The lowest was 0.30. And the median was 0.66.

MIL:CRL's Cash-to-Debt is ranked worse than
65.66% of 2440 companies
in the Hardware industry
Industry Median: 1.465 vs MIL:CRL: 0.72

Carel Industries SpA Cash-to-Debt Historical Data

The historical data trend for Carel Industries SpA'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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Carel Industries SpA Cash-to-Debt Chart

Carel Industries SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.70

0.64

0.55

0.85

0.67

Carel Industries SpA Quarterly Data
	Mar18	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	0.44	No Debt	0.67	No Debt

Competitive Comparison of Carel Industries SpA's Cash-to-Debt

For the Electronic Components subindustry, Carel Industries SpA'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.

Carel Industries SpA's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Carel Industries SpA's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Carel Industries SpA's Cash-to-Debt falls into.

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Carel Industries SpA 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.

Carel Industries SpA's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	102.216	/	(42.688	+	108.912)
	=	0.67

Carel Industries SpA's Cash to Debt Ratio for the quarter that ended in Mar. 2025 is calculated as:

Carel Industries SpA had no debt ⁽¹⁾.

Carel Industries SpA (MIL:CRL) 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.

Carel Industries SpA Cash-to-Debt Related Terms

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Carel Industries SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Carel Industries SpA (MIL:CRL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CRLm:UK 0YQA:UK CIG:Germany

Address

Via Dell\'Industria, 11, Brugine, Padova, ITA, 35020

Website

https://www.carel.com

Carel Industries SpA manufactures control systems and humidification for air conditioning and refrigeration. The group provides control solutions for the commercial, industrial, and residential air-conditioning and refrigeration (HVAC/R) markets. Its geographical segments are Europe, the Middle East and Africa, North America, South America, and APAC. The company's industrial applications for the air-conditioning sector are designed for data centers. Its products include programmable controls, room terminals, Isothermal Humidifiers, Sensors and protection devices, Sensors and protection devices, and others. It derives maximum revenue from Europe, the Middle East, and Africa segment.