Bellini Nautica SpA (MIL:BELL) Cash-to-Debt : 0.12 (As of Dec. 2023)

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What is Bellini Nautica 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. Bellini Nautica SpA's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.12.

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

MIL:BELL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.13 Max: 0.19
Current: 0.12

During the past 4 years, Bellini Nautica SpA's highest Cash to Debt Ratio was 0.19. The lowest was 0.12. And the median was 0.13.

MIL:BELL's Cash-to-Debt is ranked worse than
82.64% of 1302 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs MIL:BELL: 0.12

Bellini Nautica SpA Cash-to-Debt Historical Data

The historical data trend for Bellini Nautica 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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Bellini Nautica SpA Cash-to-Debt Chart

Bellini Nautica SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.19

0.13

0.12

Bellini Nautica SpA Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.19	1.10	0.13	0.24	0.12

Competitive Comparison of Bellini Nautica SpA's Cash-to-Debt

For the Recreational Vehicles subindustry, Bellini Nautica 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.

Bellini Nautica SpA's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bellini Nautica SpA's Cash-to-Debt distribution charts can be found below:

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

Bellini Nautica 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.

Bellini Nautica 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)
	=	0.486	/	(2.636	+	1.29)
	=	0.12

Bellini Nautica 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)
	=	0.486	/	(2.636	+	1.29)
	=	0.12

Bellini Nautica SpA (MIL:BELL) 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.

Bellini Nautica SpA Cash-to-Debt Related Terms

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Bellini Nautica SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bellini Nautica SpA (MIL:BELL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

F2F:Germany

Address

Via Carlo Lanza 28, Clusane d'Iseo, Via Carlo Lanza 28,, ITA, 25049

Website

https://www.bellininautica.it

Bellini Nautica SpA offers recreational vehicles. It engages in the sale of new Cranchi yachts and used Riva speed boats, dinghies, and motor boats. It restores collectable Riva boats and sells accessories such as Garmin, Fusion, Navigon, Navionics, and Raymarine nautical apparel.

Bellini Nautica SpA Headlines

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