Farminveste SGPS (XLIS:MLFMV) Cash-to-Debt : 0.13 (As of Jun. 2023)

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What is Farminveste SGPS 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. Farminveste SGPS's cash to debt ratio for the quarter that ended in Jun. 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, Farminveste SGPS 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 Farminveste SGPS's Cash-to-Debt or its related term are showing as below:

XLIS:MLFMV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.1 Max: 0.13
Current: 0.13

During the past 8 years, Farminveste SGPS's highest Cash to Debt Ratio was 0.13. The lowest was 0.05. And the median was 0.10.

XLIS:MLFMV's Cash-to-Debt is ranked worse than
80.08% of 522 companies
in the Conglomerates industry
Industry Median: 0.49 vs XLIS:MLFMV: 0.13

Farminveste SGPS Cash-to-Debt Historical Data

The historical data trend for Farminveste SGPS'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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Farminveste SGPS Cash-to-Debt Chart

Farminveste SGPS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.10

0.07

0.10

0.09

Farminveste SGPS Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial									0.08	0.10	0.11	0.09	0.13

Competitive Comparison of Farminveste SGPS's Cash-to-Debt

For the Conglomerates subindustry, Farminveste SGPS'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.

Farminveste SGPS's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Farminveste SGPS's Cash-to-Debt distribution charts can be found below:

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

Farminveste SGPS 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.

Farminveste SGPS'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)
	=	23.525	/	(118.639	+	149.994)
	=	0.09

Farminveste SGPS'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)
	=	31.739	/	(106.3	+	139.515)
	=	0.13

Farminveste SGPS (XLIS:MLFMV) 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.

Farminveste SGPS Cash-to-Debt Related Terms

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

Farminveste SGPS (XLIS:MLFMV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Farminveste SGPS SA (XLIS:MLFMV) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 8, Travessa de Santa Catarina, Lisbon, PRT, 1200-403

Website

http://www.farminveste-sgps.com

Farminveste SGPS SA is a holding company and its subsidiaries are active in the business of pharmacies, pharmaceutical distribution, information systems, health care, real estate, market intelligence and other services.

Farminveste SGPS (XLIS:MLFMV) Headlines

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