Caixa Seguridade Participacoes (BSP:CXSE3) 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. Caixa Seguridade Participacoes'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, Caixa Seguridade Participacoes 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 Caixa Seguridade Participacoes's Cash-to-Debt or its related term are showing as below:

BSP:CXSE3' 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 7 years, Caixa Seguridade Participacoes's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BSP:CXSE3's Cash-to-Debt is ranked better than
99.59% of 484 companies
in the Insurance industry
Industry Median: 1.85 vs BSP:CXSE3: No Debt

Caixa Seguridade Participacoes Cash-to-Debt Historical Data

The historical data trend for Caixa Seguridade Participacoes'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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Caixa Seguridade Participacoes Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

Caixa Seguridade Participacoes Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt														No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Insurance - Diversified subindustry, Caixa Seguridade Participacoes'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.

Caixa Seguridade Participacoes Cash-to-Debt Distribution

For the Insurance industry and Financial Services sector, Caixa Seguridade Participacoes's Cash-to-Debt distribution charts can be found below:

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

Caixa Seguridade Participacoes Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Caixa Seguridade Participacoes's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Caixa Seguridade Participacoes had no debt ⁽¹⁾.

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

Caixa Seguridade Participacoes had no debt ⁽¹⁾.

Caixa Seguridade Participacoes (BSP:CXSE3) 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.

Caixa Seguridade Participacoes Cash-to-Debt Related Terms

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

Caixa Seguridade Participacoes (BSP:CXSE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Caixa Seguridade Participacoes SA (BSP:CXSE3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Quadra 3, Bloco E, Edifício CAIXA Matriz II, 3rd floor, Brasilia, DF, BRA

Website

https://www.ri.caixaseguridade.com.br/

Caixa Seguridade Participacoes SA is engaged in the structuring and marketing of a broad range of insurance products, private pension plans, and premium bonds, management, marketing, and offering of private medical and dental care plans, rendering of brokerage services for these products, It has three operating segments; Run-off / Open sea (insurance businesses), Insurance (investment in insurance businesses established as a result of the competitive process of choosing strategic partners to operate the CAIXA branch) and Distribution (businesses related to the management of access to the distribution network and use of the CAIXA brand and the brokerage and intermediation of insurance products).

Caixa Seguridade Participacoes (BSP:CXSE3) Headlines

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