Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Cash-to-Debt : 0.41 (As of Jun. 2023)

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What is Salvatore Ferragamo 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. Salvatore Ferragamo SpA's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.41.

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, Salvatore Ferragamo SpA couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

SFRGY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.67 Max: 5.67
Current: 0.41

During the past 13 years, Salvatore Ferragamo SpA's highest Cash to Debt Ratio was 5.67. The lowest was 0.25. And the median was 0.67.

SFRGY's Cash-to-Debt is ranked worse than
52.58% of 1103 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs SFRGY: 0.41

Salvatore Ferragamo SpA Cash-to-Debt Historical Data

The historical data trend for Salvatore Ferragamo 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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Salvatore Ferragamo SpA Cash-to-Debt Chart

Salvatore Ferragamo SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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5.67

0.31

0.44

0.70

0.66

Salvatore Ferragamo SpA Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.67	0.59	0.64	0.66	0.41

Competitive Comparison of Salvatore Ferragamo SpA's Cash-to-Debt

For the Luxury Goods subindustry, Salvatore Ferragamo 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.

Salvatore Ferragamo SpA's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Salvatore Ferragamo SpA's Cash-to-Debt distribution charts can be found below:

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

Salvatore Ferragamo 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.

Salvatore Ferragamo SpA's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	425.162	/	(143.909	+	496.543)
	=	0.66

Salvatore Ferragamo SpA's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	336.443	/	(161.261	+	660.553)
	=	0.41

Salvatore Ferragamo SpA (OTCPK:SFRGY) 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.

Salvatore Ferragamo SpA Cash-to-Debt Related Terms

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

Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (OTCPK:SFRGY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SFRGF:USA SFER:Italy SFERm:UK 0P52:UK S9L:Germany

Address

Via dei Tornabuoni 2, Firenze, ITA, 50123

Website

http://www.ferragamo.com

Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 44% of revenue in the fragmented footwear category, 41% in leather goods, 7% in apparel, and 6% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 33% of sales and other emerging markets (6% of sales in Central and South America). Ferragamo generates 21% of revenue in Europe, 31% in the U.S., and 8% in Japan.

Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Headlines

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