CIA Tecidosntanense (BSP:CTSA3) Cash-to-Debt : 0.16 (As of Sep. 2023)

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What is CIA Tecidosntanense 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. CIA Tecidosntanense's cash to debt ratio for the quarter that ended in Sep. 2023 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, CIA Tecidosntanense couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

BSP:CTSA3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.22
Current: 0.16

During the past 13 years, CIA Tecidosntanense's highest Cash to Debt Ratio was 0.22. The lowest was 0.01. And the median was 0.07.

BSP:CTSA3's Cash-to-Debt is ranked worse than
69.33% of 1037 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs BSP:CTSA3: 0.16

CIA Tecidosntanense Cash-to-Debt Historical Data

The historical data trend for CIA Tecidosntanense'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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CIA Tecidosntanense Cash-to-Debt Chart

CIA Tecidosntanense Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.02

0.05

0.18

0.17

CIA Tecidosntanense Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.22	0.17	0.02	0.16

Competitive Comparison of CIA Tecidosntanense's Cash-to-Debt

For the Textile Manufacturing subindustry, CIA Tecidosntanense'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.

CIA Tecidosntanense's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CIA Tecidosntanense's Cash-to-Debt distribution charts can be found below:

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

CIA Tecidosntanense 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.

CIA Tecidosntanense'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)
	=	26.872	/	(123.867	+	37.074)
	=	0.17

CIA Tecidosntanense's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	33.751	/	(51.227	+	159.939)
	=	0.16

CIA Tecidosntanense (BSP:CTSA3) 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.

CIA Tecidosntanense Cash-to-Debt Related Terms

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

CIA Tecidosntanense (BSP:CTSA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » CIA Tecidos Santanense (BSP:CTSA3) » Definitions » Cash-to-Debt

Traded in Other Exchanges

CTSA4:Brazil

Address

Avenida Osmane Barbosa 1235, Montes Claros, MG, BRA, 39404006

Website

http://www.santanense.com.br

CIA Tecidos Santanense operates in the Broadwoven fabric mills, cotton sector. It is involved in the spinning, weaving, & finishing of woven fabrics used in apparel articles. It offers sportswear apparel products and workwear professional uniforms and personal protective equipment.

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