Abitare In SpA (FRA:1BN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Abitare In 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. Abitare In SpA's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Abitare In SpA could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

FRA:1BN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.44 Max: No Debt
Current: 0.53

During the past 8 years, Abitare In SpA's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 0.44.

FRA:1BN's Cash-to-Debt is ranked better than
65.94% of 1788 companies
in the Real Estate industry
Industry Median: 0.25 vs FRA:1BN: 0.53

Abitare In SpA Cash-to-Debt Historical Data

The historical data trend for Abitare In 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.

* Premium members only.

Abitare In SpA Cash-to-Debt Chart

Abitare In SpA Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

0.41

0.58

0.16

0.22

0.53

Abitare In SpA Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	-	0.50	0.53	No Debt

Competitive Comparison of Abitare In SpA's Cash-to-Debt

For the Real Estate - Development subindustry, Abitare In 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.

Abitare In SpA's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Abitare In SpA's Cash-to-Debt distribution charts can be found below:

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

Abitare In 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.

Abitare In SpA's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	44.138	/	(10.807	+	72.633)
	=	0.53

Abitare In SpA's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Abitare In SpA had no debt ⁽¹⁾.

Abitare In SpA (FRA:1BN) 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.

Abitare In SpA Cash-to-Debt Related Terms

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

Abitare In SpA (FRA:1BN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Abitare In SpA (FRA:1BN) » Definitions » Cash-to-Debt

Traded in Other Exchanges

ABT:Italy

Address

Via degli Olivetani 10/12, Milan, ITA, 20123

Website

https://www.abitareinspa.com

Abitare In SpA is a real estate company. It is engaged in developing and selling real estate units including urban building projects in Milan, Italy. Its projects include Poste and Maggiolina.

Abitare In SpA (FRA:1BN) Headlines

No Headlines

Abitare In SpA (FRA:1BN) Cash-to-Debt : No Debt (1) (As of Dec. 2023)