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EAC Invest A/S (STU:OA41) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is EAC Invest A/S 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. EAC Invest A/S'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, EAC Invest A/S 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 EAC Invest A/S's Cash-to-Debt or its related term are showing as below:

STU:OA41' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48   Med: 5000.53   Max: No Debt
Current: No Debt

During the past 13 years, EAC Invest A/S's highest Cash to Debt Ratio was No Debt. The lowest was 0.48. And the median was 5000.53.

STU:OA41's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.72 vs STU:OA41: No Debt

EAC Invest A/S Cash-to-Debt Historical Data

The historical data trend for EAC Invest A/S'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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EAC Invest A/S Cash-to-Debt Chart

EAC Invest A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

EAC Invest A/S 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 No Debt No Debt No Debt No Debt

Competitive Comparison of EAC Invest A/S's Cash-to-Debt

For the Asset Management subindustry, EAC Invest A/S'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.


EAC Invest A/S's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, EAC Invest A/S's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where EAC Invest A/S's Cash-to-Debt falls into.



EAC Invest A/S 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.

EAC Invest A/S's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

EAC Invest A/S had no debt (1).

EAC Invest A/S's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

EAC Invest A/S 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.


EAC Invest A/S  (STU:OA41) 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.


EAC Invest A/S Cash-to-Debt Related Terms

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EAC Invest A/S (STU:OA41) Business Description

Traded in Other Exchanges
Address
20 Indiakaj, East Asiatic House, Copenhagen, DNK, DK-2100
EAC Invest A/S operates as an investment company, with the objective of maximizing the value of remaining investments for the shareholders.

EAC Invest A/S (STU:OA41) Headlines

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