Italian Sea Group (MIL:TISG) Cash-to-Debt : 0.55 (As of Jun. 2024)

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What is Italian Sea Group 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 Sea Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.55.

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 Sea Group 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 Sea Group's Cash-to-Debt or its related term are showing as below:

MIL:TISG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 0.96 Max: No Debt
Current: 0.55

During the past 6 years, Italian Sea Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.54. And the median was 0.96.

MIL:TISG's Cash-to-Debt is ranked better than
50% of 818 companies
in the Travel & Leisure industry
Industry Median: 0.545 vs MIL:TISG: 0.55

Italian Sea Group Cash-to-Debt Historical Data

The historical data trend for Italian Sea Group'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 Sea Group Cash-to-Debt Chart

Italian Sea Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

0.83

2.00

0.89

1.03

Italian Sea Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial						0.54	0.89	0.80	1.03	0.55

Competitive Comparison of Italian Sea Group's Cash-to-Debt

For the Leisure subindustry, Italian Sea Group'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 Sea Group's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Italian Sea Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Italian Sea Group's Cash-to-Debt falls into.

Italian Sea Group 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 Sea Group'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)
	=	76.413	/	(12.484	+	62.051)
	=	1.03

Italian Sea Group'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)
	=	40.303	/	(12.768	+	60.956)
	=	0.55

Italian Sea Group (MIL:TISG) 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 Sea Group Cash-to-Debt Related Terms

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

Italian Sea Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Italian Sea Group (MIL:TISG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TISGm:UK 6QN:Germany

Address

Viale Cristoforo Colombo, 4Bis, Marina di Carrara, ITA, 54033

Website

https://www.theitalianseagroup.com

Italian Sea Group is engaged in designing, manufacturing, and sales of custom-made luxury superyachts. It is active in the construction and refit of motor yachts and sailing yachts up to 140 meters and operates in the new building market under the Admiral, Tecnomar, Perini Navi, and Picchiotti brands, and is active in the large refit business under the NCA Refit brand. Geographically, the company generates revenue from the Americas, Europe, and Asia-Pacific region.

Italian Sea Group Headlines

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