Digital Bros SpA (LTS:0N8R) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Digital Bros 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. Digital Bros SpA's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Digital Bros SpA could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) 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.

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

LTS:0N8R' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 1.11 Max: No Debt
Current: 0.19

During the past 13 years, Digital Bros SpA's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 1.11.

LTS:0N8R's Cash-to-Debt is ranked worse than
90.29% of 577 companies
in the Interactive Media industry
Industry Median: 4.96 vs LTS:0N8R: 0.19

Digital Bros SpA Cash-to-Debt Historical Data

The historical data trend for Digital Bros 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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Digital Bros SpA Cash-to-Debt Chart

Digital Bros SpA Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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1.12

2.21

0.45

0.35

0.49

Digital Bros SpA 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															No Debt	No Debt	No Debt	0.49	No Debt

Competitive Comparison of Digital Bros SpA's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Digital Bros 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.

Digital Bros SpA's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Digital Bros SpA's Cash-to-Debt distribution charts can be found below:

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

Digital Bros 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.

Digital Bros SpA's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	22.219	/	(33.809	+	11.816)
	=	0.49

Digital Bros SpA's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Digital Bros SpA had no debt ⁽¹⁾.

Digital Bros SpA (LTS:0N8R) 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.

Digital Bros SpA Cash-to-Debt Related Terms

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Digital Bros SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Digital Bros SpA (LTS:0N8R) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DIB:Italy DB7:Germany

Address

Via Tortona, 37, Milan, ITA, 20144

Website

https://www.digitalbros.com

Digital Bros SpA develops, publishes, distributes, and markets video games. The company operates in various business segments such as Premium Games; Free to Play; Italian Distribution; and Other activities. It generates maximum revenue from the Premium Games segment. Premium Games operations consist of the acquisition of video game content exploitation rights from developers and the subsequent distribution of the games through a traditional international retail sales network and via digital marketplaces such as Steam, Sony PlayStation Network, Microsoft Xbox Live, Epic Game Store, and others. Geographically, it derives a majority of its revenue from the Americas and the rest from Italy, Europe (excluding Italy), and the Rest of the world.

Digital Bros SpA Headlines

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Digital Bros SpA (LTS:0N8R) Cash-to-Debt : No Debt (1) (As of Sep. 2024)