AD1 Holdings (ASX:AD1) Cash-to-Debt : 0.22 (As of Dec. 2023)

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What is AD1 Holdings 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. AD1 Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.22.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, AD1 Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for AD1 Holdings's Cash-to-Debt or its related term are showing as below:

ASX:AD1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 13.81 Max: No Debt
Current: 0.22

During the past 8 years, AD1 Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.22. And the median was 13.81.

ASX:AD1's Cash-to-Debt is ranked worse than
75.59% of 1061 companies
in the Business Services industry
Industry Median: 1.01 vs ASX:AD1: 0.22

AD1 Holdings Cash-to-Debt Historical Data

The historical data trend for AD1 Holdings'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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AD1 Holdings Cash-to-Debt Chart

AD1 Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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No Debt

3.43

9.69

0.55

0.33

AD1 Holdings Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											1.13	0.55	0.22	0.33	0.22

Competitive Comparison of AD1 Holdings's Cash-to-Debt

For the Staffing & Employment Services subindustry, AD1 Holdings'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.

AD1 Holdings's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, AD1 Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where AD1 Holdings's Cash-to-Debt falls into.

AD1 Holdings 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.

AD1 Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.211	/	(0.104	+	3.586)
	=	0.33

AD1 Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.792	/	(0	+	3.586)
	=	0.22

AD1 Holdings (ASX:AD1) 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.

AD1 Holdings Cash-to-Debt Related Terms

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AD1 Holdings (ASX:AD1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AD1 Holdings Ltd (ASX:AD1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 William Street, Level 4, Office 7, Melbourne, VIC, AUS, 3000

Website

https://www.ad1holdings.com.au

AD1 Holdings Ltd is an e-recruitment company. It has developed an online platform that links job candidates directly to live job opportunities on employer websites. The company generates revenue from SaaS and Managed Services, IT Development and Consulting, Digital Marketing, and Business Process Outsourcing.

AD1 Holdings (ASX:AD1) Headlines

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