BFF Bank SpA (LTS:0RON) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is BFF Bank 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. BFF Bank SpA's cash to debt ratio for the quarter that ended in Mar. 2024 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, BFF Bank SpA could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 BFF Bank SpA's Cash-to-Debt or its related term are showing as below:

LTS:0RON' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.18 Max: 332974
Current: 2.9

During the past 11 years, BFF Bank SpA's highest Cash to Debt Ratio was 332974.00. The lowest was 0.00. And the median was 0.18.

LTS:0RON's Cash-to-Debt is ranked better than
75.05% of 505 companies
in the Credit Services industry
Industry Median: 0.25 vs LTS:0RON: 2.90

BFF Bank SpA Cash-to-Debt Historical Data

The historical data trend for BFF Bank 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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BFF Bank SpA Cash-to-Debt Chart

BFF Bank SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.20

2.17

3.75

2.45

BFF Bank SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															8.54	2.44	332,974.00	2.45	No Debt

Competitive Comparison of BFF Bank SpA's Cash-to-Debt

For the Credit Services subindustry, BFF Bank 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.

BFF Bank SpA's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, BFF Bank SpA's Cash-to-Debt distribution charts can be found below:

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

BFF Bank SpA 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.

BFF Bank SpA'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)
	=	593.891	/	(0	+	242.467)
	=	2.45

BFF Bank SpA's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

BFF Bank SpA had no debt ⁽¹⁾.

BFF Bank SpA (LTS:0RON) 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.

BFF Bank SpA Cash-to-Debt Related Terms

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

BFF Bank SpA (LTS:0RON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » BFF Bank SpA (LTS:0RON) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BFF:Italy BFFm:UK 2BF:Germany

Address

Via Domenichino 5, Milan, ITA, 20149

Website

http://www.bff.com

BFF Bank SpA is an independent specialty finance company engaged in three business units; Factoring & Lending BU, which offers products such as non-recourse factoring, lending, and credit management mainly to public sector suppliers and public administration bodies, Securities Services BU, which deals with custodian banking for investment funds and related services such as fund accounting, and transfer agents for national managers and banks and for various investment funds such as pension funds, mutual funds and alternative funds, and Payments BU, which deals with payment processing, corporate payments, and cheques and bills and has as customers medium-small Italian banks, medium-large companies and boasts a partnership with Nexi.

BFF Bank SpA (LTS:0RON) Headlines

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BFF Bank SpA (LTS:0RON) Cash-to-Debt : No Debt (1) (As of Mar. 2024)