Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Cash-to-Debt : 0.10 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Wiz Co Participacoes e Corretagem de Seguros 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. Wiz Co Participacoes e Corretagem de Seguros's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, Wiz Co Participacoes e Corretagem de Seguros couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Wiz Co Participacoes e Corretagem de Seguros's Cash-to-Debt or its related term are showing as below:

BSP:WIZC3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 4.52 Max: No Debt
Current: 0.1

During the past 13 years, Wiz Co Participacoes e Corretagem de Seguros's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 4.52.

BSP:WIZC3's Cash-to-Debt is ranked worse than
95.28% of 487 companies
in the Insurance industry
Industry Median: 1.84 vs BSP:WIZC3: 0.10

Wiz Co Participacoes e Corretagem de Seguros Cash-to-Debt Historical Data

The historical data trend for Wiz Co Participacoes e Corretagem de Seguros'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.

* Premium members only.

Wiz Co Participacoes e Corretagem de Seguros Cash-to-Debt Chart

Wiz Co Participacoes e Corretagem de Seguros Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

8.11

0.25

0.11

0.09

0.10

Wiz Co Participacoes e Corretagem de Seguros Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.11	0.10	0.11	0.10

Competitive Comparison of Wiz Co Participacoes e Corretagem de Seguros's Cash-to-Debt

For the Insurance Brokers subindustry, Wiz Co Participacoes e Corretagem de Seguros'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.

Wiz Co Participacoes e Corretagem de Seguros's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Wiz Co Participacoes e Corretagem de Seguros's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Wiz Co Participacoes e Corretagem de Seguros's Cash-to-Debt falls into.

Wiz Co Participacoes e Corretagem de Seguros 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.

Wiz Co Participacoes e Corretagem de Seguros's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	35.566	/	(29.158	+	335.137)
	=	0.10

Wiz Co Participacoes e Corretagem de Seguros's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	35.566	/	(29.158	+	335.137)
	=	0.10

Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) 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.

Wiz Co Participacoes e Corretagem de Seguros Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Wiz Co Participacoes e Corretagem de Seguros's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Wiz Co Participacoes e Corretagem de Seguros SA (BSP:WIZC3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Setor Comercial Norte, Quadra 02, Liberty Mall, Tower B, 13th Floor, Room 1301, Brasilia, DF, BRA, 70712-904

Website

https://www.wiz.co

Wiz Co Participacoes e Corretagem de Seguros SA is Brazilian insurance brokerage company. It is engaged in developing and implementing business optimization solutions, combining financial and insurance services to meet customer's needs. The company acts as a broker between insurer and bank and it is involved in the sale of individual and corporate insurance products, pension plans, capitalization plans, and consortiums, in the distribution channels. Its insurance products includes life insurance policies, mortgage insurance, credit insurance, auto insurance, residential property insurance, Business Multi-Risk Insurance and other products.

Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Headlines

No Headlines