Snam SpA (LTS:0NQP) Cash-to-Debt : 0.00 (As of Sep. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Snam 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. Snam SpA's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.00.

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

During the past 13 years, Snam SpA's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.10.

LTS:0NQP's Cash-to-Debt is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.26
* Ranked among companies with meaningful Cash-to-Debt only.

Snam SpA Cash-to-Debt Historical Data

The historical data trend for Snam 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.

Snam SpA Cash-to-Debt Chart

Snam SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.19

0.09

0.12

Snam 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															0.12	-	0.04	-	-

Competitive Comparison of Snam SpA's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Snam 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.

Snam SpA's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Snam SpA's Cash-to-Debt distribution charts can be found below:

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

Snam 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.

Snam SpA'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)
	=	1757	/	(2523	+	11923)
	=	0.12

Snam SpA'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)
	=	0	/	(0	+	14336)
	=	0.00

Snam SpA (LTS:0NQP) 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.

Snam SpA Cash-to-Debt Related Terms

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

Snam SpA (LTS:0NQP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (LTS:0NQP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SNMRY:USA SRG:Italy SRGm:UK SNM:Germany SRG:Austria

Address

Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097

Website

https://www.snam.it

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.

Snam SpA (LTS:0NQP) Headlines

No Headlines