Kelso Group Holdings (LSE:KLSO) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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

LSE:KLSO' s Cash-to-Debt Range Over the Past 10 Years
Min: 37 Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Kelso Group Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 37.00. And the median was No Debt.

LSE:KLSO's Cash-to-Debt is ranked better than
99.93% of 1449 companies
in the Asset Management industry
Industry Median: 5.79 vs LSE:KLSO: No Debt

Kelso Group Holdings Cash-to-Debt Historical Data

The historical data trend for Kelso Group Holdings'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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Kelso Group Holdings Cash-to-Debt Chart

Kelso Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

37.00

No Debt

Kelso Group Holdings Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	37.00	No Debt	No Debt

Competitive Comparison of Kelso Group Holdings's Cash-to-Debt

For the Asset Management subindustry, Kelso Group Holdings'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.

Kelso Group Holdings's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Kelso Group Holdings 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.

Kelso Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Kelso Group Holdings had no debt ⁽¹⁾.

Kelso Group Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Kelso Group Holdings had no debt ⁽¹⁾.

Kelso Group Holdings (LSE:KLSO) 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.

Kelso Group Holdings Cash-to-Debt Related Terms

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

Kelso Group Holdings (LSE:KLSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kelso Group Holdings PLC (LSE:KLSO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

27-28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH

Website

https://www.kelsoplc.com

Kelso Group Holdings PLC is a United KIngdom based company. The company identifies, engages and unlocks trapped value in UK listed companies. Through active engagement and alignment with other stakeholders, taking stakes directly, the company aims to effect change where existing shareholders are often unable or unwilling to do so themselves.

Kelso Group Holdings (LSE:KLSO) Headlines

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Kelso Group Holdings (LSE:KLSO) Cash-to-Debt : No Debt (1) (As of Dec. 2023)