Mobius Investment Trust (LSE:MMIT) Cash-to-Debt : No Debt ⁽¹⁾ (As of Nov. 2023)

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

LSE:MMIT' 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 5 years, Mobius Investment Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

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

Mobius Investment Trust Cash-to-Debt Historical Data

The historical data trend for Mobius Investment Trust'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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Mobius Investment Trust Cash-to-Debt Chart

Mobius Investment Trust Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

No Debt

Mobius Investment Trust Semi-Annual Data
	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Mobius Investment Trust's Cash-to-Debt

For the Asset Management subindustry, Mobius Investment Trust'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.

Mobius Investment Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Mobius Investment Trust 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.

Mobius Investment Trust's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Mobius Investment Trust had no debt ⁽¹⁾.

Mobius Investment Trust's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

Mobius Investment Trust had no debt ⁽¹⁾.

Mobius Investment Trust (LSE:MMIT) 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.

Mobius Investment Trust Cash-to-Debt Related Terms

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

Mobius Investment Trust (LSE:MMIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mobius Investment Trust PLC (LSE:MMIT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MMITl:UK

Address

25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.mobiusinvestmenttrust.com

Mobius Investment Trust PLC is a closed-ended investment company. The company invests in listed or traded companies that are exposed directly or indirectly to emerging or frontier markets, with a view to achieving its investment objective. Its investment objective is to achieve long-term capital growth and income returns predominantly through investment in a diversified portfolio of companies exposed directly or indirectly to emerging or frontier markets.

Mobius Investment Trust (LSE:MMIT) Cash-to-Debt : No Debt (1) (As of Nov. 2023)