Stellantis NV (MIL:STLAM) Cash-to-Debt : 1.64 (As of Dec. 2023)

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What is Stellantis NV 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. Stellantis NV's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.64.

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, Stellantis NV could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

MIL:STLAM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.7 Med: 1.04 Max: 1.85
Current: 1.64

During the past 13 years, Stellantis NV's highest Cash to Debt Ratio was 1.85. The lowest was 0.70. And the median was 1.04.

MIL:STLAM's Cash-to-Debt is ranked better than
69.89% of 1292 companies
in the Vehicles & Parts industry
Industry Median: 0.57 vs MIL:STLAM: 1.64

Stellantis NV Cash-to-Debt Historical Data

The historical data trend for Stellantis NV'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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Stellantis NV Cash-to-Debt Chart

Stellantis NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.21

1.74

1.53

1.85

1.64

Stellantis NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.53	1.72	1.85	1.82	1.64

Competitive Comparison of Stellantis NV's Cash-to-Debt

For the Auto Manufacturers subindustry, Stellantis NV'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.

Stellantis NV's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stellantis NV's Cash-to-Debt distribution charts can be found below:

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

Stellantis NV 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.

Stellantis NV'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)
	=	48408	/	(9462	+	20001)
	=	1.64

Stellantis NV'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)
	=	48408	/	(9462	+	20001)
	=	1.64

Stellantis NV (MIL:STLAM) 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.

Stellantis NV Cash-to-Debt Related Terms

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

Stellantis NV (MIL:STLAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stellantis NV (MIL:STLAM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

STLA:USA STLAMm:UK 0QXR:UK STLAP:France 8TI:Germany FCAU:Austria

Address

Taurusavenue 1, Hoofddorp, NH, NLD, 2132 LS

Website

https://www.stellantis.com

Stellantis NV was formed on Jan. 16, 2021, from the merger of Fiat Chrysler Automobiles and PSA Group. The combination of the two companies created the world's fifth-largest automaker, with 14 automobile brands. In 2022, pro forma Stellantis had sales volume of 6.0 million vehicles and EUR 179.6 billion in revenue, albeit affected by the microchip shortage. Europe is Stellantis' largest market, accounting for 44% of 2022 global volume while North America and South America were 31% and 14%, respectively.

Stellantis NV (MIL:STLAM) Headlines

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