America MovilB de CV (America MovilB de CV) Cash-to-Debt : 0.11 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is America MovilB de CV 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. America MovilB de CV's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.11.

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, America MovilB de CV couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

AMX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.13 Max: 0.87
Current: 0.11

During the past 13 years, America MovilB de CV's highest Cash to Debt Ratio was 0.87. The lowest was 0.09. And the median was 0.13.

AMX's Cash-to-Debt is ranked worse than
73.39% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.36 vs AMX: 0.11

America MovilB de CV Cash-to-Debt Historical Data

The historical data trend for America MovilB de CV'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.

* Premium members only.

America MovilB de CV Cash-to-Debt Chart

America MovilB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.09

0.12

0.24

0.19

0.16

America MovilB de CV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.20	0.20	0.16	0.16	0.11

Competitive Comparison of America MovilB de CV's Cash-to-Debt

For the Telecom Services subindustry, America MovilB de CV'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.

America MovilB de CV's Cash-to-Debt Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where America MovilB de CV's Cash-to-Debt falls into.

America MovilB de CV 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.

America MovilB de CV'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)
	=	5912.073	/	(10918.834	+	25951.488)
	=	0.16

America MovilB de CV's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	4294.945	/	(7726.803	+	32855.726)
	=	0.11

America MovilB de CV (NYSE:AMX) 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.

America MovilB de CV Cash-to-Debt Related Terms

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

America MovilB de CV (America MovilB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » America Movil SAB de CV (NYSE:AMX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AMXOF:USA AMX B:Mexico MV91:Germany MV91:Germany MV9L:Germany MV90:Germany AMX:Argentina

Address

Lago Zurich 245, Plaza Carso / Edificio Telcel, Colonia Ampliacion Granada, Delegacion Miguel Hidalgo, Piso 16, Mexico City, DF, MEX, 11529

Website

https://www.americamovil.com

America Movil is the largest telecom carrier in Latin America, serving about 300 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the U.S. to Verizon in 2021 and now owns a 1.4% stake in the U.S. telecom giant. The firm also holds a 57% stake in Telekom Austria and a 16% stake in Dutch carrier KPN.