Simone SpA (MIL:SMN) Cash-to-Debt : 1.13 (As of Jun. 2023)

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What is Simone 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. Simone SpA's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.13.

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, Simone SpA could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

MIL:SMN' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.13 Med: 1.17 Max: 1.88
Current: 1.13

During the past 2 years, Simone SpA's highest Cash to Debt Ratio was 1.88. The lowest was 1.13. And the median was 1.17.

MIL:SMN's Cash-to-Debt is ranked worse than
51.71% of 992 companies
in the Media - Diversified industry
Industry Median: 1.23 vs MIL:SMN: 1.13

Simone SpA Cash-to-Debt Historical Data

The historical data trend for Simone 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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Simone SpA Cash-to-Debt Chart

Simone SpA Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

1.88

1.17

Simone SpA Semi-Annual Data
	Dec21	Dec22	Jun23
Cash-to-Debt	1.88	1.17	1.13

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

For the Publishing subindustry, Simone 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.

Simone SpA's Cash-to-Debt Distribution in the Media - Diversified Industry

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

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

Simone 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.

Simone 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)
	=	6.594	/	(1.809	+	3.825)
	=	1.17

Simone 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)
	=	6.29	/	(0	+	5.57)
	=	1.13

Simone SpA (MIL:SMN) 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.

Simone SpA Cash-to-Debt Related Terms

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Simone SpA (MIL:SMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Simone SpA (MIL:SMN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Riviera di Chiaia 256, Napoli, ITA, 80121

Website

https://www.edizioni.simone.it

Simone SpA is a publishing company based in Naples, Italy. It mainly publishes educational materials and textbooks.