Lojas Quero-Quero (BSP:LJQQ3) Cash-to-Debt : 0.34 (As of Mar. 2024)

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What is Lojas Quero-Quero 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. Lojas Quero-Quero's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.34.

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, Lojas Quero-Quero 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 Lojas Quero-Quero's Cash-to-Debt or its related term are showing as below:

BSP:LJQQ3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.46 Max: 0.76
Current: 0.34

During the past 7 years, Lojas Quero-Quero's highest Cash to Debt Ratio was 0.76. The lowest was 0.19. And the median was 0.46.

BSP:LJQQ3's Cash-to-Debt is ranked worse than
56.37% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs BSP:LJQQ3: 0.34

Lojas Quero-Quero Cash-to-Debt Historical Data

The historical data trend for Lojas Quero-Quero'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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Lojas Quero-Quero Cash-to-Debt Chart

Lojas Quero-Quero Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.50

0.74

0.47

0.52

Lojas Quero-Quero Quarterly Data
	Mar19	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															0.33	0.23	0.43	0.52	0.34

Competitive Comparison of Lojas Quero-Quero's Cash-to-Debt

For the Specialty Retail subindustry, Lojas Quero-Quero'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.

Lojas Quero-Quero's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lojas Quero-Quero's Cash-to-Debt distribution charts can be found below:

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

Lojas Quero-Quero 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.

Lojas Quero-Quero'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)
	=	531.566	/	(182.292	+	842.029)
	=	0.52

Lojas Quero-Quero'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)
	=	354.256	/	(179.37	+	862.489)
	=	0.34

Lojas Quero-Quero (BSP:LJQQ3) 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.

Lojas Quero-Quero Cash-to-Debt Related Terms

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

Lojas Quero-Quero (BSP:LJQQ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Quero-Quero SA (BSP:LJQQ3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida General Flores da Cunha, 1943, Vila Cachoeirinha, Cachoeirinha, RS, BRA, 94910-003

Website

https://www.queroquero.com.br

Lojas Quero-Quero SA is engaged providing integrated solutions to customers, with a comprehensive portfolio of construction materials, home appliances and furniture, in order to meet their needs in the household goods and construction segment. It currently has stores distributed in the states of Rio Grande do Sul, Santa Cataria, Parana, Mato Grosso do Sul and Sao Paulo, in addition to three distribution centers. The company has one operating segment with consists of revenues obtained from retail activities, financial services and credit cards on a segregated basis.

Lojas Quero-Quero (BSP:LJQQ3) Headlines

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