Officina Stellare SpA (MIL:OS) Cash-to-Debt : 0.25 (As of Jun. 2023)

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What is Officina Stellare 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. Officina Stellare SpA's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.25.

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, Officina Stellare 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 Officina Stellare SpA's Cash-to-Debt or its related term are showing as below:

MIL:OS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.27 Max: 1.76
Current: 0.25

During the past 7 years, Officina Stellare SpA's highest Cash to Debt Ratio was 1.76. The lowest was 0.14. And the median was 0.27.

MIL:OS's Cash-to-Debt is ranked worse than
69.48% of 308 companies
in the Aerospace & Defense industry
Industry Median: 0.725 vs MIL:OS: 0.25

Officina Stellare SpA Cash-to-Debt Historical Data

The historical data trend for Officina Stellare 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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Officina Stellare SpA Cash-to-Debt Chart

Officina Stellare SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.26

0.28

0.16

0.14

0.18

Officina Stellare SpA Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial							0.21	0.14	0.53	0.18	0.25

Competitive Comparison of Officina Stellare SpA's Cash-to-Debt

For the Aerospace & Defense subindustry, Officina Stellare 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.

Officina Stellare SpA's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Officina Stellare SpA's Cash-to-Debt distribution charts can be found below:

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

Officina Stellare 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.

Officina Stellare 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)
	=	1.423	/	(3.214	+	4.796)
	=	0.18

Officina Stellare 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)
	=	2.184	/	(3.604	+	5.058)
	=	0.25

Officina Stellare SpA (MIL:OS) 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.

Officina Stellare SpA Cash-to-Debt Related Terms

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Officina Stellare SpA (MIL:OS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Officina Stellare SpA (MIL:OS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Della Tecnica, 87/89, Sarcedo, Vicenza, ITA, I-36030

Website

https://www.officinastellare.com

Officina Stellare SpA is an innovative small-medium sized company based in Sarcedo, Vicenza. It is engaged in the designing and manufacturing of ground-breaking optomechanical system instrumentation for ground based telescopes and space applications.

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