AD4 Capital (TSXV:ADJ.P) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is AD4 Capital 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. AD4 Capital's cash to debt ratio for the quarter that ended in Jan. 2024 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, AD4 Capital could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

(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 AD4 Capital's Cash-to-Debt or its related term are showing as below:

TSXV:ADJ.P' 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 3 years, AD4 Capital's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:ADJ.P's Cash-to-Debt is ranked better than
99.81% of 525 companies
in the Diversified Financial Services industry
Industry Median: 5.39 vs TSXV:ADJ.P: No Debt

AD4 Capital Cash-to-Debt Historical Data

The historical data trend for AD4 Capital'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.

* Premium members only.

AD4 Capital Cash-to-Debt Chart

AD4 Capital Annual Data

Trend

Oct21

Oct22

Oct23

Cash-to-Debt

No Debt

AD4 Capital Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of AD4 Capital's Cash-to-Debt

For the Shell Companies subindustry, AD4 Capital'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.

AD4 Capital's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AD4 Capital's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where AD4 Capital's Cash-to-Debt falls into.

AD4 Capital 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.

AD4 Capital's Cash to Debt Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

AD4 Capital had no debt ⁽¹⁾.

AD4 Capital's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

AD4 Capital had no debt ⁽¹⁾.

AD4 Capital (TSXV:ADJ.P) 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.

AD4 Capital Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of AD4 Capital's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

AD4 Capital (TSXV:ADJ.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AD4 Capital Corp (TSXV:ADJ.P) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

423 East 10th Street, North Vancouver, BC, CAN, V7L 2E5

Website

AD4 Capital Corp is a capital pool company. The principal business of the Company is the identification and evaluation of assets, or a business, and once identified or evaluated, to negotiate the acquisition or participation in the business.

AD4 Capital (TSXV:ADJ.P) Headlines

No Headlines

AD4 Capital (TSXV:ADJ.P) Cash-to-Debt : No Debt (1) (As of Jan. 2024)