Stevanato Group SPA (FRA:87N) Cash-to-Debt : 0.18 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Stevanato Group SPA 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. Stevanato Group SPA's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.18.

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, Stevanato Group 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 Stevanato Group SPA's Cash-to-Debt or its related term are showing as below:

FRA:87N' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.4 Max: 1.79
Current: 0.18

During the past 6 years, Stevanato Group SPA's highest Cash to Debt Ratio was 1.79. The lowest was 0.18. And the median was 0.40.

FRA:87N's Cash-to-Debt is ranked worse than
87.79% of 860 companies
in the Medical Devices & Instruments industry
Industry Median: 1.875 vs FRA:87N: 0.18

Stevanato Group SPA Cash-to-Debt Historical Data

The historical data trend for Stevanato Group 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.

* Premium members only.

Stevanato Group SPA Cash-to-Debt Chart

Stevanato Group SPA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.34

0.43

1.79

1.18

0.18

Stevanato Group SPA Quarterly Data
	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												1.18	0.76	0.32	0.22	0.18

Competitive Comparison of Stevanato Group SPA's Cash-to-Debt

For the Medical Instruments & Supplies subindustry, Stevanato Group 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.

Stevanato Group SPA's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Stevanato Group SPA's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Stevanato Group SPA's Cash-to-Debt falls into.

Stevanato Group SPA 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.

Stevanato Group SPA'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)
	=	70.351	/	(141.438	+	255.151)
	=	0.18

Stevanato Group SPA'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)
	=	70.351	/	(141.438	+	255.151)
	=	0.18

Stevanato Group SPA (FRA:87N) 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.

Stevanato Group SPA Cash-to-Debt Related Terms

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

Stevanato Group SPA (FRA:87N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Stevanato Group SPA (FRA:87N) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

STVN:USA

Address

Via Molinella 17, Piombino Dese, Padua, ITA, 35017

Website

https://www.stevanatogroup.com

Stevanato Group SPA is a provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. It delivers an integrated, end-to-end portfolio of products, processes, and services that address customer needs across the entire drug life cycle including development, clinical, and commercial stages. Stevanato's revenue is geographically diversified, with 60% of sales from Europe, the Middle East and Africa (EMEA), 27% in North America, 10% in Asia-Pacific (APAC), and 3% from South America. It has two segments Biopharmaceutical and Diagnostic Solutions and Engineering.

Stevanato Group SPA (FRA:87N) Headlines

No Headlines