E-Globe SpA (MIL:EGB) Cash-to-Debt : 1.33 (As of Dec. 2022)

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What is E-Globe 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. E-Globe SpA's cash to debt ratio for the quarter that ended in Dec. 2022 was 1.33.

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, E-Globe SpA could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

MIL:EGB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.62 Med: 0.97 Max: 1.33
Current: 1.33

During the past 2 years, E-Globe SpA's highest Cash to Debt Ratio was 1.33. The lowest was 0.62. And the median was 0.97.

MIL:EGB's Cash-to-Debt is ranked better than
64.18% of 1675 companies
in the Construction industry
Industry Median: 0.63 vs MIL:EGB: 1.33

E-Globe SpA Cash-to-Debt Historical Data

The historical data trend for E-Globe 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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E-Globe SpA Cash-to-Debt Chart

E-Globe SpA Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

0.62

1.33

E-Globe SpA Semi-Annual Data
	Dec21	Dec22
Cash-to-Debt	0.62	1.33

Competitive Comparison of E-Globe SpA's Cash-to-Debt

For the Building Products & Equipment subindustry, E-Globe 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.

E-Globe SpA's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, E-Globe SpA's Cash-to-Debt distribution charts can be found below:

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

E-Globe 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.

E-Globe 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)
	=	4.03	/	(2.074	+	0.958)
	=	1.33

E-Globe SpA's Cash to Debt Ratio for the quarter 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)
	=	4.03	/	(2.074	+	0.958)
	=	1.33

E-Globe SpA (MIL:EGB) 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.

E-Globe SpA Cash-to-Debt Related Terms

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E-Globe SpA (MIL:EGB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » E-Globe SpA (MIL:EGB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Loc. Lipuda industrial area, Cirò Marina, ITA, 88811

Website

https://www.e-globe.it

E-Globe SpA is an Italian Based Company which designs and distributes State of the art thermo-hydraulic and conditioning systems. The Company specializes in the sale of air conditioners, fan coils, electric pumps, solar panels, boilers and stoves. The company is associated with various brands such as ABB, aquatherm, ariston, Baxi, and carrier.

E-Globe SpA (MIL:EGB) Headlines

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