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FinecoBank SpA Cash-to-Debt

: 3.15 (As of Dec. 2021)
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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. FinecoBank SpA's cash to debt ratio for the quarter that ended in Dec. 2021 was 3.15.

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, FinecoBank SpA could pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

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

MIL:FBK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 14.98   Max: No Debt
Current: 3.15

During the past 12 years, FinecoBank SpA's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 14.98.

MIL:FBK's Cash-to-Debt is ranked better than
62.96% of 1420 companies
in the Banks industry
Industry Median: 1.85 vs MIL:FBK: 3.15

FinecoBank SpA Cash-to-Debt Historical Data

The historical data trend for FinecoBank 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.

* Premium members only.

FinecoBank SpA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt 14.98 34.65 3.15

FinecoBank SpA Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.54 34.65 No Debt 26.55 3.15

Competitive Comparison

For the Banks - Regional subindustry, FinecoBank 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.

   

FinecoBank SpA Cash-to-Debt Distribution

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

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



FinecoBank SpA Cash-to-Debt Calculation

This is the ratio of a company's 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.

FinecoBank SpA's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

FinecoBank SpA's Cash to Debt Ratio for the quarter that ended in Dec. 2021 is calculated as:

* 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.


FinecoBank SpA  (MIL:FBK) 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.


FinecoBank SpA Cash-to-Debt Related Terms

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FinecoBank SpA Business Description

FinecoBank SpA logo
Traded in Other Exchanges
Address
Piazza Durante, 11, Milan, ITA, 20131
FinecoBank SpA business model integrates direct banking and financial advice, with operations split into three segments, including banking, brokerage, and investing. Unlike most banks, FinecoBank's net revenue is split nearly evenly between net interest and net fee and commission income, given its strategic emphasis on private banking. The majority of its balance sheet assets are exposed to central Italy, with some notable exposure to the rest of Italy and other European countries. The bank has some sovereign debt exposure, mostly to in Italian and Spanish debt securities.

FinecoBank SpA Headlines

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