Amati AIM VCT (LSE:AMAT) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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What is Amati AIM VCT 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. Amati AIM VCT's cash to debt ratio for the quarter that ended in Jan. 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, Amati AIM VCT could pay off its debt using the cash in hand for the quarter that ended in Jan. 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 Amati AIM VCT's Cash-to-Debt or its related term are showing as below:

LSE:AMAT' 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, Amati AIM VCT's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:AMAT's Cash-to-Debt is ranked better than
99.93% of 1451 companies
in the Asset Management industry
Industry Median: 6.06 vs LSE:AMAT: No Debt

Amati AIM VCT Cash-to-Debt Historical Data

The historical data trend for Amati AIM VCT'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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Amati AIM VCT Cash-to-Debt Chart

Amati AIM VCT Annual Data

Trend

Jan15

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Jan20

Jan21

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Jan24

Cash-to-Debt

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No Debt

Amati AIM VCT Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Amati AIM VCT's Cash-to-Debt

For the Asset Management subindustry, Amati AIM VCT'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.

Amati AIM VCT's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Amati AIM VCT 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.

Amati AIM VCT's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Amati AIM VCT had no debt ⁽¹⁾.

Amati AIM VCT's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Amati AIM VCT had no debt ⁽¹⁾.

Amati AIM VCT (LSE:AMAT) 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.

Amati AIM VCT Cash-to-Debt Related Terms

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Amati AIM VCT (LSE:AMAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Amati AIM VCT PLC (LSE:AMAT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

8 Coates Crescent, Edinburgh, GBR, EH3 7AL

Website

https://www.amatiglobal.com

Amati AIM VCT PLC is an investment management company. The investment objective of the company is to generate tax free capital gains and income on investors' funds through investment primarily in AIM-traded companies.