Adams (CPTHF) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Adams 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. Adams'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, Adams 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 Adams's Cash-to-Debt or its related term are showing as below:

CPTHF' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Adams's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

CPTHF's Cash-to-Debt is ranked better than
99.93% of 1450 companies
in the Asset Management industry
Industry Median: 5.72 vs CPTHF: No Debt

Adams Cash-to-Debt Historical Data

The historical data trend for Adams'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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Adams Cash-to-Debt Chart

Adams Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

Adams Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Adams's Cash-to-Debt

For the Asset Management subindustry, Adams'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.

Adams's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Adams's Cash-to-Debt distribution charts can be found below:

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

Adams 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.

Adams's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Adams had no debt ⁽¹⁾.

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

Adams had no debt ⁽¹⁾.

Adams (GREY:CPTHF) 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.

Adams Cash-to-Debt Related Terms

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

Adams (CPTHF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Adams PLC (GREY:CPTHF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ADA:UK

Address

55 Athol Street, Douglas, IMN, IM1 1LA

Website

https://www.adamsplc.co.uk

Adams PLC is an investment holding and management company. It is primarily focused on investments in the technology and life sciences sectors mainly in the United Kingdom or Europe. The company operates through the Investment Return segment. The company intends to target opportunities in undervalued or pre-commercialisation technologies. It may invest by way of purchasing quoted shares in appropriate companies, outright acquisition or by the acquisition of assets, including the intellectual property, of a relevant business, or by entering into partnerships or joint venture arrangements.

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Adams (CPTHF) Cash-to-Debt : No Debt (1) (As of Sep. 2023)