Grupo Catalana Occidente (LTS:0NRN) Cash-to-Debt : 4.76 (As of Jun. 2024)

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What is Grupo Catalana Occidente 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. Grupo Catalana Occidente's cash to debt ratio for the quarter that ended in Jun. 2024 was 4.76.

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, Grupo Catalana Occidente could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LTS:0NRN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.87 Med: 4.67 Max: 11.6
Current: 4.76

During the past 13 years, Grupo Catalana Occidente's highest Cash to Debt Ratio was 11.60. The lowest was 0.87. And the median was 4.67.

LTS:0NRN's Cash-to-Debt is ranked better than
63.9% of 482 companies
in the Insurance industry
Industry Median: 1.735 vs LTS:0NRN: 4.76

Grupo Catalana Occidente Cash-to-Debt Historical Data

The historical data trend for Grupo Catalana Occidente'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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Grupo Catalana Occidente Cash-to-Debt Chart

Grupo Catalana Occidente Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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9.15

4.33

5.29

6.54

3.14

Grupo Catalana Occidente Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															1.02	8.76	0.87	3.14	4.76

Competitive Comparison of Grupo Catalana Occidente's Cash-to-Debt

For the Insurance - Diversified subindustry, Grupo Catalana Occidente'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.

Grupo Catalana Occidente's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Grupo Catalana Occidente's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Grupo Catalana Occidente's Cash-to-Debt falls into.

Grupo Catalana Occidente Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Grupo Catalana Occidente's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1373.741	/	(0	+	437.41)
	=	3.14

Grupo Catalana Occidente's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1221.647	/	(0	+	256.559)
	=	4.76

Grupo Catalana Occidente (LTS:0NRN) 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.

Grupo Catalana Occidente Cash-to-Debt Related Terms

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

Grupo Catalana Occidente Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Grupo Catalana Occidente SA (LTS:0NRN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GCO:Mexico GCOe:UK GCO:Spain OCZA:Germany

Address

Avenida Alcalde Barnils 63, Sant Cugat del Valles, Barcelona, ESP, 08174

Website

https://www.gco.com

Grupo Catalana Occidente SA is a property and casualty company that operates in the insurance market, as well as the credit insurance market. It generates a majority of its revenue from Spain and other European countries. The company's revenue is generally split between its traditional insurance business and its credit insurance activity. Its traditional insurance business includes residential, commercial, auto, and life insurance products. Grupo's credit insurance business protects companies from the default risk associated with selling products and services on credit.

Grupo Catalana Occidente Headlines

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