TIM (TIMB) Cash-to-Debt

: N/A (As of Sep. 2023)

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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. TIM's cash to debt ratio for the quarter that ended in Sep. 2023 was N/A.

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

TIMB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.48 Max: 1.04
Current: 0.27

During the past 13 years, TIM's highest Cash to Debt Ratio was 1.04. The lowest was 0.12. And the median was 0.48.

TIMB's Cash-to-Debt is ranked worse than
54.4% of 386 companies
in the Telecommunication Services industry
Industry Median: 0.37 vs TIMB: 0.27

TIM Cash-to-Debt Historical Data

The historical data trend for TIM'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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TIM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.30

0.43

0.76

0.27

N/A

TIM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.27	0.21	0.19	N/A	N/A

Competitive Comparison

For the Telecom Services subindustry, TIM'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.

TIM Cash-to-Debt Distribution

For the Telecommunication Services industry and Communication Services sector, TIM's Cash-to-Debt distribution charts can be found below:

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

TIM 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.

TIM'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)
	=	903.525	/	(671.479	+	2722.292)
	=	0.27

TIM's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

TIM (NYSE:TIMB) 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.

TIM Cash-to-Debt Related Terms

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TIM (TIMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TIM SA (NYSE:TIMB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.