Koraude Participacoes (BSP:KRSA3) Cash-to-Debt : 0.13 (As of Dec. 2023)

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What is Koraude Participacoes 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. Koraude Participacoes's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

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, Koraude Participacoes couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BSP:KRSA3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.19 Max: 0.32
Current: 0.13

During the past 6 years, Koraude Participacoes's highest Cash to Debt Ratio was 0.32. The lowest was 0.07. And the median was 0.19.

BSP:KRSA3's Cash-to-Debt is ranked worse than
78.12% of 658 companies
in the Healthcare Providers & Services industry
Industry Median: 0.74 vs BSP:KRSA3: 0.13

Koraude Participacoes Cash-to-Debt Historical Data

The historical data trend for Koraude Participacoes'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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Koraude Participacoes Cash-to-Debt Chart

Koraude Participacoes Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.07

0.26

0.24

0.32

0.13

Koraude Participacoes Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											0.32	0.08	0.08	0.09	0.13

Competitive Comparison of Koraude Participacoes's Cash-to-Debt

For the Medical Care Facilities subindustry, Koraude Participacoes'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.

Koraude Participacoes's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Koraude Participacoes's Cash-to-Debt distribution charts can be found below:

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

Koraude Participacoes 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.

Koraude Participacoes'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)
	=	359.858	/	(213.852	+	2531.118)
	=	0.13

Koraude Participacoes's Cash to Debt Ratio for the quarter 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)
	=	359.858	/	(213.852	+	2531.118)
	=	0.13

Koraude Participacoes (BSP:KRSA3) 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.

Koraude Participacoes Cash-to-Debt Related Terms

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

Koraude Participacoes (BSP:KRSA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kora Saude Participacoes SA (BSP:KRSA3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Presidente Juscelino Kubitschek, no 1327, Condomínio Edifício Internacional Plaza II, room 122, 12th floor, Sao Paulo, SP, BRA

Website

https://www.korasaude.com.br

Kora Saude Participacoes SA is a healthcare system that takes care of people for life. It has hospitals in Espirito Santo, Tocantins, Mato Grosso and the Federal District.

Koraude Participacoes (BSP:KRSA3) Headlines

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