Fidelity China Special Situations (LSE:FCSS) Cash-to-Debt : 0.63 (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Fidelity China Special Situations 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. Fidelity China Special Situations's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.63.

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, Fidelity China Special Situations 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 Fidelity China Special Situations's Cash-to-Debt or its related term are showing as below:

LSE:FCSS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.4 Max: 0.97
Current: 0.63

During the past 13 years, Fidelity China Special Situations's highest Cash to Debt Ratio was 0.97. The lowest was 0.08. And the median was 0.40.

LSE:FCSS's Cash-to-Debt is ranked worse than
64.26% of 1466 companies
in the Asset Management industry
Industry Median: 5.89 vs LSE:FCSS: 0.63

Fidelity China Special Situations Cash-to-Debt Historical Data

The historical data trend for Fidelity China Special Situations'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.

* Premium members only.

Fidelity China Special Situations Cash-to-Debt Chart

Fidelity China Special Situations Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.75

0.48

0.92

0.97

0.90

Fidelity China Special Situations 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															0.72	0.97	0.13	0.90	0.63

Competitive Comparison of Fidelity China Special Situations's Cash-to-Debt

For the Asset Management subindustry, Fidelity China Special Situations'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.

Fidelity China Special Situations's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fidelity China Special Situations's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Fidelity China Special Situations's Cash-to-Debt falls into.

Fidelity China Special Situations 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.

Fidelity China Special Situations'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)
	=	72.943	/	(0	+	80.857)
	=	0.90

Fidelity China Special Situations'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)
	=	51.258	/	(0	+	81.87)
	=	0.63

Fidelity China Special Situations (LSE:FCSS) 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.

Fidelity China Special Situations Cash-to-Debt Related Terms

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

Fidelity China Special Situations (LSE:FCSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fidelity China Special Situations PLC (LSE:FCSS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FCSSl:UK

Address

Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP

Website

https://www.fidelity.co.uk

Fidelity China Special Situations PLC is an investment company. Its investment objective is to achieve long-term capital growth from an actively managed portfolio. The company focuses on investing in securities issued by companies listed in China or Hong Kong and any other Chinese companies listed elsewhere as well as the companies which have interests in China and Hong Kong. Its portfolio consists of various financial instruments such as equities, index-linked, equity-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, equity-related securities, forward transactions, and derivative instruments. The company may use gearing such as Contracts for Difference to meet its determined investment goals.

Fidelity China Special Situations (LSE:FCSS) Headlines

No Headlines