Investment Company (The) (LSE:INV) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 1964. Start your Free Trial

What is Investment Company (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. Investment Company (The)'s cash to debt ratio for the quarter that ended in Dec. 2023 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, Investment Company (The) could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Investment Company (The)'s Cash-to-Debt or its related term are showing as below:

LSE:INV' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.79 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Investment Company (The)'s highest Cash to Debt Ratio was No Debt. The lowest was 4.79. And the median was No Debt.

LSE:INV's Cash-to-Debt is ranked better than
99.93% of 1470 companies
in the Asset Management industry
Industry Median: 5.845 vs LSE:INV: No Debt

Investment Company (The) Cash-to-Debt Historical Data

The historical data trend for Investment Company (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.

* Premium members only.

Investment Company (The) Cash-to-Debt Chart

Investment Company (The) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Investment Company (The) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	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															No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Asset Management subindustry, Investment Company (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.

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

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

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

Investment Company (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.

Investment Company (The)'s Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Investment Company (The) had no debt ⁽¹⁾.

Investment Company (The)'s Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Investment Company (The) had no debt ⁽¹⁾.

Investment Company (The) (LSE:INV) 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.

Investment Company (The) Cash-to-Debt Related Terms

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

Investment Company (The) (LSE:INV) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Courtenay Street, Suite 8, Bridge House, Newton Abbot, Devon, GBR, TQ12 2QS

Website

https://www.theinvestmentcompanyplc.co.uk

Investment Company (The) PLC is engaged in the investment of equity securities. Its investment objective is to protect the purchasing power of its capital in real terms and to participate in enduring economic activities which lend themselves to genuine capital accumulation and wealth creation.

Investment Company (The) (LSE:INV) Headlines

No Headlines

Investment Company (The) (LSE:INV) Cash-to-Debt : No Debt (1) (As of Dec. 2023)