Giglio Group SpA (MIL:GG) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Giglio Group 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. Giglio Group SpA's cash to debt ratio for the quarter that ended in Sep. 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, Giglio Group SpA could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Giglio Group SpA's Cash-to-Debt or its related term are showing as below:

MIL:GG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.25 Max: No Debt
Current: 0.07

During the past 9 years, Giglio Group SpA's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.25.

MIL:GG's Cash-to-Debt is ranked worse than
94.38% of 587 companies
in the Interactive Media industry
Industry Median: 4.63 vs MIL:GG: 0.07

Giglio Group SpA Cash-to-Debt Historical Data

The historical data trend for Giglio Group 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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Giglio Group SpA Cash-to-Debt Chart

Giglio Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.13

0.16

0.33

0.14

0.10

Giglio Group SpA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	0.10	No Debt	0.16	No Debt

Competitive Comparison of Giglio Group SpA's Cash-to-Debt

For the Internet Content & Information subindustry, Giglio Group 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.

Giglio Group SpA's Cash-to-Debt Distribution in the Interactive Media Industry

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

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

Giglio Group 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.

Giglio Group SpA's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	1.794	/	(7.418	+	10.901)
	=	0.10

Giglio Group SpA's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Giglio Group SpA had no debt ⁽¹⁾.

Giglio Group SpA (MIL:GG) 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.

Giglio Group SpA Cash-to-Debt Related Terms

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Giglio Group SpA (MIL:GG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Giglio Group SpA (MIL:GG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

5JR:Germany

Address

Piazza Diaz 6, Milan, ITA, 20123

Website

https://www.giglio.org

Giglio Group SpA is engaged in the e-commerce of high-end fashion products, in the design products' sector and in the food segment.. It offers tailor-made B2B and B2C services to the Luxury Fashion industry as well as other industries, mainly with "Made in Italy" brands. It operates through the below segments: B2B e-commerce, B2C e-commerce and Corporate. It generates majority revenue from the B2B e-commerce.