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Calculus VCT (LSE:CLC) Cash-to-Debt : No Debt (1) (As of Feb. 2022)


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What is Calculus VCT 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. Calculus VCT's cash to debt ratio for the quarter that ended in Feb. 2022 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, Calculus VCT could pay off its debt using the cash in hand for the quarter that ended in Feb. 2022.

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

LSE:CLC's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.72
* Ranked among companies with meaningful Cash-to-Debt only.

Calculus VCT Cash-to-Debt Historical Data

The historical data trend for Calculus VCT'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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Calculus VCT Cash-to-Debt Chart

Calculus VCT Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Calculus VCT Semi-Annual Data
Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Feb23
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Calculus VCT's Cash-to-Debt

For the Asset Management subindustry, Calculus VCT'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.


Calculus VCT's Cash-to-Debt Distribution in the Asset Management Industry

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

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



Calculus VCT 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.

Calculus VCT's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Calculus VCT had no debt (1).

Calculus VCT's Cash to Debt Ratio for the quarter that ended in Feb. 2022 is calculated as:

Calculus VCT had no debt (1).

* 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.


Calculus VCT  (LSE:CLC) 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.


Calculus VCT Cash-to-Debt Related Terms

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


Calculus VCT (LSE:CLC) Business Description

Traded in Other Exchanges
N/A
Address
12 Conduit Street, London, GBR, W1S 2XH
Calculus VCT PLC is a part of the financial services sector in the United Kingdom. The company operates as a venture capital trust with a focus on the investment business. Its investment objective is to invest primarily in a diverse portfolio of United Kingdom growth companies whether unquoted or traded on AIM. The company invests in a portfolio of venture capital investments that will provide investment returns sufficient to allow the company to maximize annual dividends with the goal of capital growth over the medium to long term.

Calculus VCT (LSE:CLC) Headlines

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