Sanlorenzo SpA (MIL:SL) 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. Sanlorenzo 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, Sanlorenzo 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 Sanlorenzo SpA's Cash-to-Debt or its related term are showing as below:

MIL:SL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.72 Med: 2.02 Max: No Debt
Current: 2.86

During the past 5 years, Sanlorenzo SpA's highest Cash to Debt Ratio was No Debt. The lowest was 0.72. And the median was 2.02.

MIL:SL's Cash-to-Debt is ranked better than
77.51% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs MIL:SL: 2.86

Sanlorenzo SpA Cash-to-Debt Historical Data

The historical data trend for Sanlorenzo 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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Sanlorenzo SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.74

0.88

1.04

1.41

2.02

Sanlorenzo SpA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt																No Debt	2.02	No Debt	3.26	No Debt

Competitive Comparison

For the Recreational Vehicles subindustry, Sanlorenzo 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.

Sanlorenzo SpA Cash-to-Debt Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanlorenzo SpA's Cash-to-Debt distribution charts can be found below:

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

Sanlorenzo 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.

Sanlorenzo 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)
	=	201.776	/	(50.763	+	49.259)
	=	2.02

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

Sanlorenzo SpA had no debt ⁽¹⁾.

Sanlorenzo SpA (MIL:SL) 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.

Sanlorenzo SpA Cash-to-Debt Related Terms

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Sanlorenzo SpA (MIL:SL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sanlorenzo SpA (MIL:SL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

6SZA:Germany

Address

Via Armezzone, 3, Cantieri Navali di Ameglia, Ameglia, ITA, 19031

Website

http://www.sanlorenzoyacht.com

Sanlorenzo SpA is engaged in developing, designing, and building motor yachts. The company operates in three segments: Yacht, Superyacht, and Blue game, of which the majority of its revenue comes from the Yacht segment that designs, manufactures, and markets composite yachts between 24 and 38 meters long, under the Sanlorenzo brand. Its manufacturing activities are carried out through shipyards located in Spezia, Ameglia, Viareggio, and Massa. The company's geographical segments are Italy, Europe (other countries), United States, the Americas (other countries), Asia Pacific, and the Middle East and Africa.

Sanlorenzo SpA (MIL:SL) Headlines

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