Meglioquesto SpA (MIL:MQSPA) Cash-to-Debt : 0.11 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Meglioquesto 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. Meglioquesto SpA's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.11.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Meglioquesto SpA couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

MIL:MQSPA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.47 Max: 2.74
Current: 0.11

During the past 4 years, Meglioquesto SpA's highest Cash to Debt Ratio was 2.74. The lowest was 0.11. And the median was 0.47.

MIL:MQSPA's Cash-to-Debt is not ranked
in the Interactive Media industry.
Industry Median: 5.155 vs MIL:MQSPA: 0.11

Meglioquesto SpA Cash-to-Debt Historical Data

The historical data trend for Meglioquesto 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.

* Premium members only.

Meglioquesto SpA Cash-to-Debt Chart

Meglioquesto SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.47

0.15

0.42

2.74

Meglioquesto SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial			0.65	0.42	0.59	2.74	0.11

Competitive Comparison of Meglioquesto SpA's Cash-to-Debt

For the Internet Content & Information subindustry, Meglioquesto 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.

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

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

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

Meglioquesto 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.

Meglioquesto 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)
	=	7.668	/	(0.48	+	2.315)
	=	2.74

Meglioquesto SpA's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	4.845	/	(6.303	+	39.046)
	=	0.11

Meglioquesto SpA (MIL:MQSPA) 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.

Meglioquesto SpA Cash-to-Debt Related Terms

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

Meglioquesto SpA (MIL:MQSPA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

7V60:Germany

Address

Via Tucidide, 56, Milano, ITA, 20134

Website

https://investors.meglioquesto.it

Meglioquesto SpA is a portal that provides professional, personal and free assistance and offers a solution or service in line with requests, in total transparency. It constantly analyzes and compares offers and services to give the best customized solutions.

Meglioquesto SpA (MIL:MQSPA) Headlines

No Headlines