Aquis Exchange (LSE:AQX) Cash-to-Debt : 4.95 (As of Dec. 2023)

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What is Aquis Exchange 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. Aquis Exchange's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.95.

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, Aquis Exchange could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:AQX' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.87 Med: 12.33 Max: No Debt
Current: 4.95

During the past 9 years, Aquis Exchange's highest Cash to Debt Ratio was No Debt. The lowest was 3.87. And the median was 12.33.

LSE:AQX's Cash-to-Debt is ranked better than
61.11% of 792 companies
in the Capital Markets industry
Industry Median: 1.87 vs LSE:AQX: 4.95

Aquis Exchange Cash-to-Debt Historical Data

The historical data trend for Aquis Exchange'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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Aquis Exchange Cash-to-Debt Chart

Aquis Exchange Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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9.25

12.33

3.87

4.17

4.95

Aquis Exchange Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											3.87	3.65	4.17	4.35	4.95

Competitive Comparison of Aquis Exchange's Cash-to-Debt

For the Financial Data & Stock Exchanges subindustry, Aquis Exchange'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.

Aquis Exchange's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Aquis Exchange's Cash-to-Debt distribution charts can be found below:

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

Aquis Exchange 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.

Aquis Exchange's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	14.766	/	(0.527	+	2.457)
	=	4.95

Aquis Exchange's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	14.766	/	(0.527	+	2.457)
	=	4.95

Aquis Exchange (LSE:AQX) 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.

Aquis Exchange Cash-to-Debt Related Terms

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

Aquis Exchange (LSE:AQX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Aquis Exchange PLC (LSE:AQX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AQX:UK A9Q:Germany

Address

63 Queen Victoria Street, London, GBR, EC4N 4UA

Website

https://www.aquis.eu

Aquis Exchange PLC is a United Kingdom-based company that engages in cash equities trading exchange. It is authorized and regulated by the UK Financial Conduct Authority to operate a Multilateral Trading Facility. It allows institutional traders to trade stocks from European countries. It has three operating segments Aquis Exchange which operator of MTF and related services, Aquis Stock Exchange for primary listings and trading business, and Aquis Technologies developer of exchange technology and services.

Aquis Exchange (LSE:AQX) Headlines

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