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The Westaim (The Westaim) Cash-to-Debt : 1,054.94 (As of Dec. 2023)


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What is The Westaim 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. The Westaim's cash to debt ratio for the quarter that ended in Dec. 2023 was 1,054.94.

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, The Westaim could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

WEDXF' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.14   Med: 5526.63   Max: No Debt
Current: 1053.25

During the past 13 years, The Westaim's highest Cash to Debt Ratio was No Debt. The lowest was 13.14. And the median was 5526.63.

WEDXF's Cash-to-Debt is ranked better than
63.55% of 1476 companies
in the Asset Management industry
Industry Median: 5.445 vs WEDXF: 1053.25

The Westaim Cash-to-Debt Historical Data

The historical data trend for The Westaim'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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The Westaim Cash-to-Debt Chart

The Westaim Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.48 16.16 15.88 13.16 1,054.94

The Westaim Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.16 13.46 438.50 247.01 1,054.94

Competitive Comparison of The Westaim's Cash-to-Debt

For the Asset Management subindustry, The Westaim'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.


The Westaim's Cash-to-Debt Distribution in the Asset Management Industry

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

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



The Westaim 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.

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

The Westaim's Cash to Debt Ratio for the quarter that ended in Dec. 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.


The Westaim  (OTCPK:WEDXF) 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.


The Westaim Cash-to-Debt Related Terms

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


The Westaim (The Westaim) Business Description

Traded in Other Exchanges
Address
70 York Street, Suite 1700, Toronto, ON, CAN, M5J 1S9
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures, and other arrangements, to provide its shareholders with capital appreciation and real wealth preservation. The group seeks to acquire debt, equity, or derivative securities of both public and private companies. The company derives revenue mostly from interest income and dividend income. Geographically, it has a business presence in the U.S., Asia Pacific, Canada, Europe, and other countries.
Executives
Cameron Macdonald 10 percent owner 70 YORK STREET, SUITE 1700, TORONTO A6 M5J 1S9
Goodwood Inc. 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H1K5
Peter Puccetti 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Fund Goodwood other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Goodwood Fund 2.0 Ltd other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Goodwood Fund Arrow other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Capital Fund Goodwood other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
1354037 Ontario Inc. 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
K2 Principal Fund, L.p. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Shawn Kimel 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Shawn Kimel Investments, Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 & Associates Investment Management Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 Genpar, Inc. 10 percent owner 444 ADELAIDE STREET W SUITE 200, TORONTO A6 M5V 1S7