CrowdFundMe SpA (MIL:CFM) Cash-to-Debt : 3.36 (As of Jun. 2024)

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What is CrowdFundMe 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. CrowdFundMe SpA's cash to debt ratio for the quarter that ended in Jun. 2024 was 3.36.

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

MIL:CFM' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.46 Med: 87.09 Max: No Debt
Current: 3.36

During the past 7 years, CrowdFundMe SpA's highest Cash to Debt Ratio was No Debt. The lowest was 2.46. And the median was 87.09.

MIL:CFM's Cash-to-Debt is ranked worse than
52.47% of 1437 companies
in the Asset Management industry
Industry Median: 5.82 vs MIL:CFM: 3.36

CrowdFundMe SpA Cash-to-Debt Historical Data

The historical data trend for CrowdFundMe 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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CrowdFundMe SpA Cash-to-Debt Chart

CrowdFundMe SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

70.53

162.25

165.17

4.85

2.46

CrowdFundMe SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial									72.50	4.85	3.79	2.46	3.36

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

For the Asset Management subindustry, CrowdFundMe 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.

CrowdFundMe SpA's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CrowdFundMe SpA's Cash-to-Debt distribution charts can be found below:

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

CrowdFundMe 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.

CrowdFundMe 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)
	=	0.167	/	(0.026	+	0.042)
	=	2.46

CrowdFundMe SpA's Cash to Debt Ratio for the quarter 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)
	=	0.225	/	(0.046	+	0.021)
	=	3.36

CrowdFundMe SpA (MIL:CFM) 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.

CrowdFundMe SpA Cash-to-Debt Related Terms

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

CrowdFundMe SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CrowdFundMe SpA (MIL:CFM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Legnano 28, Milan, ITA, 20121

Website

https://www.crowdfundme.it

CrowdFundMe SpA is engaged in the management of an equity financing platform. The platform allows start-ups and small and medium-sized companies to diversify their types of investors, thus offering private and professional investors the opportunity to invest in these companies.

CrowdFundMe SpA Headlines

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