Poste Italiane SpA (LTS:0RC2) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Sep. 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. Poste Italiane SpA's cash to debt ratio for the quarter that ended in Sep. 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, Poste Italiane SpA could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Poste Italiane SpA's Cash-to-Debt or its related term are showing as below:

LTS:0RC2' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.17 Med: 2.77 Max: No Debt
Current: 3.33

During the past 13 years, Poste Italiane SpA's highest Cash to Debt Ratio was No Debt. The lowest was 1.17. And the median was 2.77.

LTS:0RC2's Cash-to-Debt is ranked better than
77.93% of 521 companies
in the Conglomerates industry
Industry Median: 0.49 vs LTS:0RC2: 3.33

Poste Italiane SpA Cash-to-Debt Historical Data

The historical data trend for Poste Italiane 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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Poste Italiane SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

2.32

2.08

2.58

3.37

No Debt

Poste Italiane SpA 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																3.37	No Debt	3.21	No Debt	No Debt

Competitive Comparison

For the Conglomerates subindustry, Poste Italiane 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.

Poste Italiane SpA Cash-to-Debt Distribution

For the Conglomerates industry and Industrials sector, Poste Italiane SpA's Cash-to-Debt distribution charts can be found below:

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

Poste Italiane 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.

Poste Italiane 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)
	=	45121	/	(3365	+	10041)
	=	3.37

Poste Italiane SpA's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Poste Italiane SpA had no debt ⁽¹⁾.

Poste Italiane SpA (LTS:0RC2) 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.

Poste Italiane SpA Cash-to-Debt Related Terms

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Poste Italiane SpA (LTS:0RC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Poste Italiane SpA (LTS:0RC2) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PITAF:USA PST:Italy PSTm:UK 7PI:Germany PST:Austria

Address

Viale Europa, 190, Rome, ITA, 00144

Website

https://www.posteitaliane.it

Poste Italiane SpA is an Italian diversified financial-services company. The company's reportable segments are Mail, parcels, and distribution; Payments and mobile; Financial services; and Insurance services. The Mail, parcels, and distribution segment includes letter post, express delivery, logistics, parcels, and philately. This segment generates the most revenue for Poste Italiane SpA. Geographically, the company has a presence in Italy, but also elsewhere in Europe, the Americas, and Asia.

Poste Italiane SpA (LTS:0RC2) Headlines

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