Cettire (ASX:CTT) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Dec. 2023)

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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. Cettire's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Cettire could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

ASX:CTT' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 4 years, Cettire's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:CTT's Cash-to-Debt is ranked better than
99.91% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs ASX:CTT: No Debt

Cettire Cash-to-Debt Historical Data

The historical data trend for Cettire'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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Cettire Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

No Debt

Cettire Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Luxury Goods subindustry, Cettire'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.

Cettire Cash-to-Debt Distribution

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

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

Cettire 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.

Cettire's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cettire had no debt ⁽¹⁾.

Cettire's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cettire had no debt ⁽¹⁾.

Cettire (ASX:CTT) 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.

Cettire Cash-to-Debt Related Terms

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Cettire (ASX:CTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cettire Ltd (ASX:CTT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 William Street, Level 40, Melbourne, VIC, AUS, 3000

Website

https://www.cettire.com

Cettire Ltd is an online luxury goods retailer. The company sells clothing products, accessories, footwear, handbags, and other products. Geographically, it derives a majority of its revenue from the United States.

Cettire (ASX:CTT) Headlines

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