UniCredit SpA (UniCredit SpA) Cash-to-Debt

: 0.59 (As of Dec. 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. UniCredit SpA's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.59.

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, UniCredit SpA 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 UniCredit SpA's Cash-to-Debt or its related term are showing as below:

UNCFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.52 Max: 1.32
Current: 0.59

During the past 13 years, UniCredit SpA's highest Cash to Debt Ratio was 1.32. The lowest was 0.13. And the median was 0.52.

UNCFF's Cash-to-Debt is ranked worse than
68.47% of 1443 companies
in the Banks industry
Industry Median: 1.23 vs UNCFF: 0.59

UniCredit SpA Cash-to-Debt Historical Data

The historical data trend for UniCredit SpA'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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UniCredit SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.45

1.32

1.29

1.16

0.59

UniCredit SpA 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	Get a 7-Day Free Trial															1.16	1.42	0.82	0.94	0.59

Competitive Comparison

For the Banks - Regional subindustry, UniCredit SpA'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.

UniCredit SpA Cash-to-Debt Distribution

For the Banks industry and Financial Services sector, UniCredit SpA's Cash-to-Debt distribution charts can be found below:

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

UniCredit SpA Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

UniCredit SpA's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	78713.195	/	(0	+	133611.778)
	=	0.59

UniCredit SpA's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	78713.195	/	(0	+	133611.778)
	=	0.59

UniCredit SpA (OTCPK:UNCFF) 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.

UniCredit SpA Cash-to-Debt Related Terms

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

UniCredit SpA (UniCredit SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UniCredit SpA (OTCPK:UNCFF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

UNCRY:USA UCG:Poland UCG:Italy UCGm:UK 0RLS:UK CRIN:Germany UCG:Austria

Address

Piazza Gae Aulenti 3, Tower A, Milano, ITA, 20154

Website

https://www.unicreditgroup.eu

UniCredit is one of the two largest Italian retail and commercial banks, but roughly half of its operations are outside Italy. It has a strong presence in Germany, Austria, and Central and Eastern Europe. It generates most of its revenue from retail banking, but also maintains a sizable corporate and investment bank.

UniCredit SpA (UniCredit SpA) Headlines

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