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IPAS Indexo (ORSE:IDX1R) Cash-to-Debt : 65.24 (As of Sep. 2023)


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What is IPAS Indexo 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. IPAS Indexo's cash to debt ratio for the quarter that ended in Sep. 2023 was 65.24.

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, IPAS Indexo could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

ORSE:IDX1R' s Cash-to-Debt Range Over the Past 10 Years
Min: 29.82   Med: 74.91   Max: No Debt
Current: 65.24

During the past 5 years, IPAS Indexo's highest Cash to Debt Ratio was No Debt. The lowest was 29.82. And the median was 74.91.

ORSE:IDX1R's Cash-to-Debt is ranked better than
59.59% of 1470 companies
in the Asset Management industry
Industry Median: 6 vs ORSE:IDX1R: 65.24

IPAS Indexo Cash-to-Debt Historical Data

The historical data trend for IPAS Indexo'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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IPAS Indexo Cash-to-Debt Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Cash-to-Debt
No Debt 61.50 88.67 29.82 79.46

IPAS Indexo Quarterly Data
Dec18 Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 121.13 79.46 74.91 71.87 65.24

Competitive Comparison of IPAS Indexo's Cash-to-Debt

For the Asset Management subindustry, IPAS Indexo'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.


IPAS Indexo's Cash-to-Debt Distribution in the Asset Management Industry

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

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



IPAS Indexo 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.

IPAS Indexo's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

IPAS Indexo's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

* 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.


IPAS Indexo  (ORSE:IDX1R) 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.


IPAS Indexo Cash-to-Debt Related Terms

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


IPAS Indexo (ORSE:IDX1R) Business Description

Traded in Other Exchanges
N/A
Address
13-1A Elizabetes Street, Riga, LVA, 1010
IPAS Indexo is a licensed investment management company. INDEXO has revolutionized the pension administration market, now the company is working to do the same in the banking sector and establish a new, strong, modern, and customer-friendly bank. Its products include the 2nd pension level and 3. pension level.

IPAS Indexo (ORSE:IDX1R) Headlines

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