Grupo CarsoB de CV (Grupo CarsoB de CV) Cash-to-Debt : 0.30 (As of Mar. 2024)

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What is Grupo CarsoB de CV 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. Grupo CarsoB de CV's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.30.

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, Grupo CarsoB de CV couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Grupo CarsoB de CV's Cash-to-Debt or its related term are showing as below:

GPOVY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.46 Max: 1.87
Current: 0.28

During the past 13 years, Grupo CarsoB de CV's highest Cash to Debt Ratio was 1.87. The lowest was 0.22. And the median was 0.46.

GPOVY's Cash-to-Debt is ranked worse than
63.98% of 522 companies
in the Conglomerates industry
Industry Median: 0.49 vs GPOVY: 0.28

Grupo CarsoB de CV Cash-to-Debt Historical Data

The historical data trend for Grupo CarsoB de CV'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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Grupo CarsoB de CV Cash-to-Debt Chart

Grupo CarsoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.44

0.51

0.48

0.37

0.25

Grupo CarsoB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.25	0.22	0.24	0.28	0.30

Competitive Comparison of Grupo CarsoB de CV's Cash-to-Debt

For the Conglomerates subindustry, Grupo CarsoB de CV'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.

Grupo CarsoB de CV's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Grupo CarsoB de CV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Grupo CarsoB de CV's Cash-to-Debt falls into.

Grupo CarsoB de CV 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.

Grupo CarsoB de CV'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)
	=	630.624	/	(899.531	+	1630.003)
	=	0.25

Grupo CarsoB de CV's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	912.731	/	(1193.073	+	1826.934)
	=	0.30

Grupo CarsoB de CV (OTCPK:GPOVY) 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.

Grupo CarsoB de CV Cash-to-Debt Related Terms

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Grupo CarsoB de CV (Grupo CarsoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Grupo Carso SAB de CV (OTCPK:GPOVY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GPOVF:USA GCARSOA1:Mexico 4GF:Germany

Address

255 Frisco Building, Lago Zurich 245, 6th Floor, Ampliacion Granada, Mexico City, MEX, 11529

Website

http://www.gcarso.com.mx

Grupo Carso SAB de CV is a conglomerate based in Mexico with business presence in several countries, mainly in the Americas and Europe. The firm has operations in four main business segments: commercial and retail, industrial and manufacturing, infrastructure and construction, and energy. The largest contributor to sales, the commercial and retail division, serves middle- and high-income consumers and operates department stores, boutiques, restaurants, and multimedia stores. The industrial and manufacturing segment has a portfolio of products and services focused on cables, power transformers and reactors, and alternative energies, among others. The infrastructure and construction division serves sectors like the oil and chemical industries, pipeline installation, and housing development.