Geox SpA (Geox SpA) Cash-to-Debt

: 0.14 (As of Jun. 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. Geox SpA's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.14.

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, Geox SpA couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

GXSBF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.47 Max: 1.43
Current: 0.14

During the past 13 years, Geox SpA's highest Cash to Debt Ratio was 1.43. The lowest was 0.08. And the median was 0.47.

GXSBF's Cash-to-Debt is ranked worse than
70.92% of 1035 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs GXSBF: 0.14

Geox SpA Cash-to-Debt Historical Data

The historical data trend for Geox 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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Geox SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.14

0.19

0.14

0.09

N/A

Geox SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt																0.14	0.09	0.09	0.14	N/A

Competitive Comparison

For the Footwear & Accessories subindustry, Geox 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.

Geox SpA Cash-to-Debt Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Geox SpA's Cash-to-Debt distribution charts can be found below:

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

Geox 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.

Geox 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)
	=	30.028	/	(77.448	+	260.774)
	=	0.09

Geox SpA's Cash to Debt Ratio for the quarter that ended in Jun. 2023 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)
	=	55.393	/	(98.067	+	301.312)
	=	0.14

Geox SpA (OTCPK:GXSBF) 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.

Geox SpA Cash-to-Debt Related Terms

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Geox SpA (Geox SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Geox SpA (OTCPK:GXSBF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GEO:Italy 0KHH:UK GHH:Germany

Address

Via Feltrina Centro, 16, Biadene di Montebelluna, Treviso, ITA, 31044

Website

https://www.geox.biz

Geox SpA is engaged in the production and sales of footwear and apparel to retail and end-customers under the Geox brand. Due to technological solutions. It also grants distribution rights and the use of the brand name to third parties in the markets where it has no direct presence. The operating segments of the group are based on its products, namely Footwear and Apparel. It derives a majority of the revenue from the Footwear segment which relates to the sale of footwear products. The company has a commercial presence in Italy, Europe, North America, and other countries where its key revenue comes from Europe.