Smithson Investment Trust (LSE:SSON) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Smithson 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. Smithson Investment Trust'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, Smithson Investment Trust 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 Smithson Investment Trust's Cash-to-Debt or its related term are showing as below:

LSE:SSON' 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, Smithson Investment Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:SSON's Cash-to-Debt is ranked better than
99.93% of 1476 companies
in the Asset Management industry
Industry Median: 5.445 vs LSE:SSON: No Debt

Smithson Investment Trust Cash-to-Debt Historical Data

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

Smithson Investment Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

Smithson Investment Trust Semi-Annual Data
	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Asset Management subindustry, Smithson 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.

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

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

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

Smithson 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.

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

Smithson Investment Trust had no debt ⁽¹⁾.

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

Smithson Investment Trust had no debt ⁽¹⁾.

Smithson Investment Trust (LSE:SSON) 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.

Smithson Investment Trust Cash-to-Debt Related Terms

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

Smithson Investment Trust (LSE:SSON) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SSONl:UK

Address

125 London Wall, 6th Floor, London, GBR, EC2Y 5AS

Website

https://www.smithson.co.uk

Smithson Investment Trust PLC operates as an investment company. Its investment objective is to provide shareholders with long term growth in value through exposure to a diversified portfolio of shares issued by listed or traded companies. The company invests in various sectors such as Materials; Financials; Consumer Staples; Communication Services; Consumer Discretionary; Healthcare; Industrials and Information Technology. Geographically, it operates in Latin America; Eurasia, the Middle East, Africa; Asia Pacific; North America and Europe.

Smithson Investment Trust (LSE:SSON) Headlines

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Smithson Investment Trust (LSE:SSON) Cash-to-Debt : No Debt (1) (As of Dec. 2023)