GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mid Wynd International Inv Trust PLC (LSE:MWY) » Definitions » Cash-to-Debt

Mid Wynd International Inv Trust (LSE:MWY) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


View and export this data going back to 1981. Start your Free Trial

What is Mid Wynd International Inv Trust 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. Mid Wynd International Inv Trust'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, Mid Wynd International Inv Trust 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 Mid Wynd International Inv Trust's Cash-to-Debt or its related term are showing as below:

LSE:MWY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Mid Wynd International Inv Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.26. And the median was No Debt.

LSE:MWY's Cash-to-Debt is ranked better than
99.93% of 1470 companies
in the Asset Management industry
Industry Median: 6 vs LSE:MWY: No Debt

Mid Wynd International Inv Trust Cash-to-Debt Historical Data

The historical data trend for Mid Wynd International Inv Trust'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.

Mid Wynd International Inv Trust Cash-to-Debt Chart

Mid Wynd International Inv Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.57 1.66 1.19 No Debt

Mid Wynd International Inv Trust 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 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 1.19 No Debt No Debt No Debt

Competitive Comparison of Mid Wynd International Inv Trust's Cash-to-Debt

For the Asset Management subindustry, Mid Wynd International Inv Trust'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.


Mid Wynd International Inv Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mid Wynd International Inv Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mid Wynd International Inv Trust's Cash-to-Debt falls into.



Mid Wynd International Inv Trust 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.

Mid Wynd International Inv Trust's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Mid Wynd International Inv Trust had no debt (1).

Mid Wynd International Inv Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Mid Wynd International Inv Trust 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.


Mid Wynd International Inv Trust  (LSE:MWY) 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.


Mid Wynd International Inv Trust Cash-to-Debt Related Terms

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


Mid Wynd International Inv Trust (LSE:MWY) Business Description

Traded in Other Exchanges
Address
50 Lothian Road, 6th Floor, Exchange Plaza, Edinburgh, GBR, EH3 9BY
Mid Wynd International Inv Trust PLC is an investment trust company. Its investment objective is to achieve capital and income growth by investing on a worldwide basis. It aims to provide dividend growth over time, although the primary aim is maximizing total returns to shareholders. The company invests in different markets, sectors, industries, market capitalizations, and asset classes as investment opportunities dictate. It may use derivatives and gearing mechanisms for investment purposes and efficient portfolio management. Geographically, the company holds its investment in North America, Europe, Japan, the UK, and Asia. Its revenue mainly consists of interest and dividend income from the investment.

Mid Wynd International Inv Trust (LSE:MWY) Headlines

No Headlines