ASAI (Sendas Distribuidora) Cash-to-Debt : 0.16 (As of Sep. 2024)

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What is Sendas Distribuidora 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. Sendas Distribuidora's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.16.

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, Sendas Distribuidora couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

ASAI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.24 Max: 0.72
Current: 0.16

During the past 7 years, Sendas Distribuidora's highest Cash to Debt Ratio was 0.72. The lowest was 0.16. And the median was 0.24.

ASAI's Cash-to-Debt is ranked worse than
70.13% of 318 companies
in the Retail - Defensive industry
Industry Median: 0.405 vs ASAI: 0.16

Sendas Distribuidora Cash-to-Debt Historical Data

The historical data trend for Sendas Distribuidora'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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Sendas Distribuidora Cash-to-Debt Chart

Sendas Distribuidora Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.40

0.33

0.21

0.28

0.22

Sendas Distribuidora Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.22	0.18	0.19	0.16

Competitive Comparison of Sendas Distribuidora's Cash-to-Debt

For the Grocery Stores subindustry, Sendas Distribuidora'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.

Sendas Distribuidora's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sendas Distribuidora's Cash-to-Debt distribution charts can be found below:

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

Sendas Distribuidora 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.

Sendas Distribuidora'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)
	=	1114.127	/	(540.226	+	4433.038)
	=	0.22

Sendas Distribuidora's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	728.087	/	(945.141	+	3742.641)
	=	0.16

Sendas Distribuidora (NYSE:ASAI) 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.

Sendas Distribuidora Cash-to-Debt Related Terms

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

Sendas Distribuidora Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sendas Distribuidora SA (NYSE:ASAI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ASAI3:Brazil

Address

Avenida Ayrton Senna, No. 6,000, Lote 2, Pal 48959, Anexo A, Jacarepagua, Rio De Janeiro, RJ, BRA, 22775-005

Website

https://www.assai.com.br

Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of more than 8,000 items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers such as grocery stores and neighborhood supermarkets, and individuals. Its stores are located throughout 23 Brazilian states.