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Octopus Eclipse VCT 2 (LSE:OEC2) Cash-to-Debt : No Debt (1) (As of Jul. 2012)


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What is Octopus Eclipse VCT 2 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. Octopus Eclipse VCT 2's cash to debt ratio for the quarter that ended in Jul. 2012 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, Octopus Eclipse VCT 2 could pay off its debt using the cash in hand for the quarter that ended in Jul. 2012.

(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 Octopus Eclipse VCT 2's Cash-to-Debt or its related term are showing as below:

LSE:OEC2's Cash-to-Debt is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Cash-to-Debt only.

Octopus Eclipse VCT 2 Cash-to-Debt Historical Data

The historical data trend for Octopus Eclipse VCT 2'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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Octopus Eclipse VCT 2 Cash-to-Debt Chart

Octopus Eclipse VCT 2 Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12
Cash-to-Debt
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Octopus Eclipse VCT 2 Semi-Annual Data
Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Octopus Eclipse VCT 2's Cash-to-Debt

For the subindustry, Octopus Eclipse VCT 2'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.

Octopus Eclipse VCT 2's Cash-to-Debt Distribution in the Industry

For the industry and sector, Octopus Eclipse VCT 2's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Octopus Eclipse VCT 2's Cash-to-Debt falls into.


Octopus Eclipse VCT 2 Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities 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.

Octopus Eclipse VCT 2's Cash to Debt Ratio for the fiscal year that ended in Jan. 2012 is calculated as:

Octopus Eclipse VCT 2 had no debt (1).

Octopus Eclipse VCT 2's Cash to Debt Ratio for the quarter that ended in Jul. 2012 is calculated as:

Octopus Eclipse VCT 2 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.

Octopus Eclipse VCT 2  (LSE:OEC2) 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.

Octopus Eclipse VCT 2 Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Octopus Eclipse VCT 2's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Octopus Eclipse VCT 2 (LSE:OEC2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Octopus Eclipse VCT 2 PLC (LSE:OEC2) » Definitions » Cash-to-Debt
Comparable Companies
LSE:SOP LSE:GFHG LSE:VEL LSE:DSM LSE:JEFI LTS:0RPH LSE:EVE LSE:EPIC LTS:0RP5 LTS:0RP3 LTS:0RPS LTS:0RPY LSE:GPH LSE:ADES LTS:0RPO LSE:ALFA LTS:0RQE LTS:0RQD
Traded in Other Exchanges
N/A
Address
Website
http://www.octopusinvestments.com
Octopus Eclipse VCT 2 PLC is a venture capital trust which aims to provide shareholders with attractive tax-free dividends and long-term capital growth, by investing in a diverse portfolio of unquoted and AIM-quoted companies.

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