Itausa Investimentos ITAU (BSP:ITSA3) Cash-to-Debt : 0.65 (As of Mar. 2024)

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What is Itausa Investimentos ITAU 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. Itausa Investimentos ITAU's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.65.

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, Itausa Investimentos ITAU 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 Itausa Investimentos ITAU's Cash-to-Debt or its related term are showing as below:

BSP:ITSA3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.52 Max: 0.75
Current: 0.65

During the past 13 years, Itausa Investimentos ITAU's highest Cash to Debt Ratio was 0.75. The lowest was 0.23. And the median was 0.52.

BSP:ITSA3's Cash-to-Debt is ranked better than
56.75% of 511 companies
in the Conglomerates industry
Industry Median: 0.48 vs BSP:ITSA3: 0.65

Itausa Investimentos ITAU Cash-to-Debt Historical Data

The historical data trend for Itausa Investimentos ITAU'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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Itausa Investimentos ITAU Cash-to-Debt Chart

Itausa Investimentos ITAU Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.50

0.48

0.68

0.51

0.67

Itausa Investimentos ITAU Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.51	0.49	0.71	0.67	0.65

Competitive Comparison of Itausa Investimentos ITAU's Cash-to-Debt

For the Conglomerates subindustry, Itausa Investimentos ITAU'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.

Itausa Investimentos ITAU's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Itausa Investimentos ITAU's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Itausa Investimentos ITAU's Cash-to-Debt falls into.

Itausa Investimentos ITAU 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.

Itausa Investimentos ITAU'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)
	=	7693	/	(1162	+	10361)
	=	0.67

Itausa Investimentos ITAU'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)
	=	8386	/	(5003	+	7943)
	=	0.65

Itausa Investimentos ITAU (BSP:ITSA3) 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.

Itausa Investimentos ITAU Cash-to-Debt Related Terms

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

Itausa Investimentos ITAU (BSP:ITSA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Itausa Investimentos ITAU SA (BSP:ITSA3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ITSA4:Brazil

Address

Avenue Paulista, 1938, 5th Floor, Bela Vista, Jabaquara, Sao Paulo, SP, BRA, 01310-200

Website

https://www.itausa.com.br

Itausa Investimentos ITAU SA is a Brazilian conglomerate with activities mainly in investment banking. In addition to financial services, the company controls companies in wood panelling, ceramic, metal sanitary, chemicals, and electronics. The company reports its results as financial segment results and industrial segment results. The financial services segment, which generates more than 99% of revenue, is composed of loans, asset management, custody and bookkeeping services, investment banking, electronic payments, and insurance.

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