Il Sole 24 Ore (MIL:S24) Cash-to-Debt : 0.73 (As of Dec. 2023)

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What is Il Sole 24 Ore 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. Il Sole 24 Ore's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.73.

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, Il Sole 24 Ore couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Il Sole 24 Ore's Cash-to-Debt or its related term are showing as below:

MIL:S24' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.35 Med: 0.54 Max: 1.41
Current: 0.73

During the past 13 years, Il Sole 24 Ore's highest Cash to Debt Ratio was 1.41. The lowest was 0.35. And the median was 0.54.

MIL:S24's Cash-to-Debt is ranked worse than
58.06% of 992 companies
in the Media - Diversified industry
Industry Median: 1.23 vs MIL:S24: 0.73

Il Sole 24 Ore Cash-to-Debt Historical Data

The historical data trend for Il Sole 24 Ore'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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Il Sole 24 Ore Cash-to-Debt Chart

Il Sole 24 Ore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.43

0.40

0.35

0.53

0.73

Il Sole 24 Ore Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.63	0.71	0.73	0.73	N/A

Competitive Comparison of Il Sole 24 Ore's Cash-to-Debt

For the Publishing subindustry, Il Sole 24 Ore'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.

Il Sole 24 Ore's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Il Sole 24 Ore's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Il Sole 24 Ore's Cash-to-Debt falls into.

Il Sole 24 Ore 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.

Il Sole 24 Ore'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)
	=	68.73	/	(16.82	+	77.465)
	=	0.73

Il Sole 24 Ore's Cash to Debt Ratio for the quarter 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)
	=	68.73	/	(16.82	+	77.465)
	=	0.73

Il Sole 24 Ore (MIL:S24) 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.

Il Sole 24 Ore Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Il Sole 24 Ore's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Il Sole 24 Ore (MIL:S24) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Il Sole 24 Ore (MIL:S24) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

4IL1:Germany

Address

Via Monte Rosa, 91, Milan, MI, ITA, 20149

Website

http://www.ilsole24ore.com

Il Sole 24 Ore is engaged in publishing news, books, and magazines. The company's segments are categorized into seven divisions. The Publishing and Digital division engages in publishing the daily newspaper, broadsheets, magazines, website, and the radiocor plus press agency. The Tax and legal segment provide products with technical and regulatory content. Its Radio segment manages the national radio 24 broadcasters. The System segment functions as an advertising sales agency. The Education and services segment provides training to young university graduates, managers, and professionals. The Culture segment comprises of the production of exhibitions and book publication. The Corporate and centralized services seek departments and the services associated with the support processes.

Il Sole 24 Ore (MIL:S24) Headlines

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