Illa SpA (MIL:ILLA) Cash-to-Debt : 0.00 (As of Jun. 2023)

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What is Illa 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. Illa SpA's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.00.

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, Illa SpA couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

During the past 9 years, Illa SpA's highest Cash to Debt Ratio was 0.43. The lowest was 0.00. And the median was 0.02.

MIL:ILLA's Cash-to-Debt is not ranked ^*
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.99
* Ranked among companies with meaningful Cash-to-Debt only.

Illa SpA Cash-to-Debt Historical Data

The historical data trend for Illa 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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Illa SpA Cash-to-Debt Chart

Illa SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.11

0.02

0.08

0.01

Illa SpA Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial										0.08	0.04	0.01	-	-

Competitive Comparison of Illa SpA's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Illa 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.

Illa SpA's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Illa SpA's Cash-to-Debt distribution charts can be found below:

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

Illa 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.

Illa 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)
	=	0.004	/	(5.715	+	4.345)
	=	0.00

Illa SpA's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.007	/	(5.736	+	3.801)
	=	0.00

Illa SpA (MIL:ILLA) 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.

Illa SpA Cash-to-Debt Related Terms

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

Illa SpA (MIL:ILLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Illa SpA (MIL:ILLA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9WT:Germany

Address

Via Ghisolfi Guareschi, 11, Ca' Pastori-Gandiolo, Parma, ITA, 43015

Website

http://www.illa.it

Illa SpA is engaged in the manufacture and distribution of aluminum cookware products. The company is involved in the development, production, and marketing of kitchen utensils aluminum with non-stick coating specifically for pots, pans, casseroles, and pans. It produces its own brand for individual shops and franchises and small retail chains. The company markets its product in Italy.

Illa SpA (MIL:ILLA) Headlines

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