Candover Investments (LSE:CDRIF) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2017)

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What is Candover Investments 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. Candover Investments's cash to debt ratio for the quarter that ended in Jun. 2017 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, Candover Investments could pay off its debt using the cash in hand for the quarter that ended in Jun. 2017.

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

LSE:CDRIF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.81 Max: No Debt
Current: No Debt

During the past 13 years, Candover Investments's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.81.

LSE:CDRIF's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.72 vs LSE:CDRIF: No Debt

Candover Investments Cash-to-Debt Historical Data

The historical data trend for Candover Investments'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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Candover Investments Cash-to-Debt Chart

Candover Investments Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

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0.78

0.06

0.50

0.17

0.61

Candover Investments Semi-Annual Data
	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
Cash-to-Debt	Get a 7-Day Free Trial															0.40	0.17	0.68	0.61	No Debt

Competitive Comparison of Candover Investments's Cash-to-Debt

For the Asset Management subindustry, Candover Investments'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.

Candover Investments's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Candover Investments 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.

Candover Investments's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	26.592	/	(0	+	43.321)
	=	0.61

Candover Investments's Cash to Debt Ratio for the quarter that ended in Jun. 2017 is calculated as:

Candover Investments had no debt ⁽¹⁾.

Candover Investments (LSE:CDRIF) 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.

Candover Investments Cash-to-Debt Related Terms

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

Candover Investments (LSE:CDRIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Candover Investments PLC (LSE:CDRIF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.candoverinvestments.com

Candover Investments plc is a UK-based private equity investment trust. The company's objective is to optimize the long-term value of the portfolio for its shareholders. Its portfolio comprises investments in four privately owned European businesses, acquired by investing alongside funds managed by Arle Capital LLP, an independent private equity partnership. The group generally invests in sectors, such as industrials, services, and energy and natural resources.

Candover Investments (LSE:CDRIF) Headlines

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Candover Investments (LSE:CDRIF) Cash-to-Debt : No Debt (1) (As of Jun. 2017)