Italian Wine Brands SpA (MIL:IWB) Cash-to-Debt : 0.32 (As of Jun. 2024)

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What is Italian Wine Brands 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. Italian Wine Brands SpA's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.32.

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, Italian Wine Brands SpA couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

MIL:IWB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 0.53 Max: 0.93
Current: 0.32

During the past 9 years, Italian Wine Brands SpA's highest Cash to Debt Ratio was 0.93. The lowest was 0.24. And the median was 0.53.

MIL:IWB's Cash-to-Debt is ranked worse than
54.63% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 0.41 vs MIL:IWB: 0.32

Italian Wine Brands SpA Cash-to-Debt Historical Data

The historical data trend for Italian Wine Brands 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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Italian Wine Brands SpA Cash-to-Debt Chart

Italian Wine Brands SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.75

0.76

0.33

0.30

0.38

Italian Wine Brands SpA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial														0.24	0.30	0.24	0.38	0.32

Competitive Comparison of Italian Wine Brands SpA's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, Italian Wine Brands 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.

Italian Wine Brands SpA's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Italian Wine Brands SpA's Cash-to-Debt distribution charts can be found below:

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

Italian Wine Brands 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.

Italian Wine Brands 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)
	=	71.424	/	(31.911	+	155.445)
	=	0.38

Italian Wine Brands 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)
	=	49.718	/	(9.641	+	148.173)
	=	0.32

Italian Wine Brands SpA (MIL:IWB) 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.

Italian Wine Brands SpA Cash-to-Debt Related Terms

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

Italian Wine Brands SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Italian Wine Brands SpA (MIL:IWB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MR3:Germany

Address

Viale Abruzzi 94, Milan, ITA, 20131

Website

https://www.italianwinebrands.it

Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.