Schroder Asian Total Return Investment Co (LSE:ATR) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Schroder Asian Total Return Investment Co 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. Schroder Asian Total Return Investment Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, Schroder Asian Total Return Investment Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Schroder Asian Total Return Investment Co's Cash-to-Debt or its related term are showing as below:

LSE:ATR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.25 Max: No Debt
Current: 0.07

During the past 13 years, Schroder Asian Total Return Investment Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.25.

LSE:ATR's Cash-to-Debt is ranked worse than
86.95% of 1456 companies
in the Asset Management industry
Industry Median: 5.605 vs LSE:ATR: 0.07

Schroder Asian Total Return Investment Co Cash-to-Debt Historical Data

The historical data trend for Schroder Asian Total Return Investment Co'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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Schroder Asian Total Return Investment Co Cash-to-Debt Chart

Schroder Asian Total Return Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.35

0.07

0.06

0.11

0.07

Schroder Asian Total Return Investment Co 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	Get a 7-Day Free Trial															0.06	No Debt	0.11	No Debt	0.07

Competitive Comparison of Schroder Asian Total Return Investment Co's Cash-to-Debt

For the Asset Management subindustry, Schroder Asian Total Return Investment Co'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.

Schroder Asian Total Return Investment Co's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Schroder Asian Total Return Investment Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Schroder Asian Total Return Investment Co's Cash-to-Debt falls into.

Schroder Asian Total Return Investment Co 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.

Schroder Asian Total Return Investment Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.527	/	(0	+	37.339)
	=	0.07

Schroder Asian Total Return Investment Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.527	/	(0	+	37.339)
	=	0.07

Schroder Asian Total Return Investment Co (LSE:ATR) 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.

Schroder Asian Total Return Investment Co Cash-to-Debt Related Terms

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Schroder Asian Total Return Investment Co (LSE:ATR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Schroder Asian Total Return Investment Co PLC (LSE:ATR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ATRl:UK

Address

1 London Wall Place, London, GBR, EC2Y 5AU

Website

https://www.schroders.com

Schroder Asian Total Return Investment Co PLC is a UK-based investment trust company. It seeks to provide a high rate of total return through investment in equities and equity-related securities of companies trading in the Asia-Pacific region except for Japan. The company invests in a diversified portfolio of 40-70 companies operating primarily in Asia, including Australasia but excluding Japan. It offers a degree of capital preservation through the tactical use of derivative instruments. The company focuses on investing in companies with sound balance sheets, professional management, and capital allocation policies. It may use derivatives such as listed futures, call options, long puts, OTC instruments to protect the capital value of the portfolio, efficient portfolio management.