Edinburgh Investment Trust (The) (LSE:EDIN) Cash-to-Debt : 0.17 (As of Sep. 2023)

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What is Edinburgh Investment Trust (The) 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. Edinburgh Investment Trust (The)'s cash to debt ratio for the quarter that ended in Sep. 2023 was 0.17.

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, Edinburgh Investment Trust (The) couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Edinburgh Investment Trust (The)'s Cash-to-Debt or its related term are showing as below:

LSE:EDIN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.58
Current: 0.17

During the past 13 years, Edinburgh Investment Trust (The)'s highest Cash to Debt Ratio was 0.58. The lowest was 0.00. And the median was 0.03.

LSE:EDIN's Cash-to-Debt is ranked worse than
78.78% of 1456 companies
in the Asset Management industry
Industry Median: 5.935 vs LSE:EDIN: 0.17

Edinburgh Investment Trust (The) Cash-to-Debt Historical Data

The historical data trend for Edinburgh Investment Trust (The)'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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Edinburgh Investment Trust (The) Cash-to-Debt Chart

Edinburgh Investment Trust (The) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.02

0.44

0.33

0.57

0.19

Edinburgh Investment Trust (The) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.57	0.25	0.19	0.17

Competitive Comparison of Edinburgh Investment Trust (The)'s Cash-to-Debt

For the Asset Management subindustry, Edinburgh Investment Trust (The)'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.

Edinburgh Investment Trust (The)'s Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Edinburgh Investment Trust (The)'s Cash-to-Debt falls into.

Edinburgh Investment Trust (The) 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.

Edinburgh Investment Trust (The)'s Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	22.362	/	(0	+	120)
	=	0.19

Edinburgh Investment Trust (The)'s Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	20.307	/	(0	+	120)
	=	0.17

Edinburgh Investment Trust (The) (LSE:EDIN) 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.

Edinburgh Investment Trust (The) Cash-to-Debt Related Terms

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

Edinburgh Investment Trust (The) (LSE:EDIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Edinburgh Investment Trust (The) PLC (LSE:EDIN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EDINl:UK

Address

9 Haymarket Square, First Floor, Edinburgh, GBR, EH3 8RY

Website

https://www.liontrust.co.uk

Edinburgh Investment Trust (The) PLC is an investment trust whose investment objective is to invest in UK securities. The company business consists of investing the pooled funds of its shareholders, according to a specified investment objective and policy, with the mission of spreading investment risk and generating a return for shareholders with the long-term objective of achieving an increase of the net asset value per share in excess of the growth in the FTSE All-Share Index and growth in dividends per share in excess of the rate of UK inflation.

Edinburgh Investment Trust (The) (LSE:EDIN) Headlines

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