Tatton Asset Management (FRA:2T7) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Tatton Asset Management 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. Tatton Asset Management's cash to debt ratio for the quarter that ended in Sep. 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, Tatton Asset Management could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Tatton Asset Management's Cash-to-Debt or its related term are showing as below:

FRA:2T7' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: No Debt Max: No Debt
Current: No Debt

During the past 9 years, Tatton Asset Management's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was No Debt.

FRA:2T7's Cash-to-Debt is ranked better than
99.93% of 1474 companies
in the Asset Management industry
Industry Median: 5.66 vs FRA:2T7: No Debt

Tatton Asset Management Cash-to-Debt Historical Data

The historical data trend for Tatton Asset Management'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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Tatton Asset Management Cash-to-Debt Chart

Tatton Asset Management Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

Tatton Asset Management Semi-Annual Data
	Mar15	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												No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Tatton Asset Management's Cash-to-Debt

For the Asset Management subindustry, Tatton Asset Management'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.

Tatton Asset Management's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Tatton Asset Management's Cash-to-Debt falls into.

Tatton Asset Management 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.

Tatton Asset Management's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Tatton Asset Management had no debt ⁽¹⁾.

Tatton Asset Management's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Tatton Asset Management had no debt ⁽¹⁾.

Tatton Asset Management (FRA:2T7) 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.

Tatton Asset Management Cash-to-Debt Related Terms

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

Tatton Asset Management (FRA:2T7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tatton Asset Management PLC (FRA:2T7) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TAM:UK

Address

Paradigm House, Lower Meadow Road, Brooke Court, Handforth, Wilmslow, Cheshire, GBR, SK9 3ND

Website

https://www.tattonassetmanagement.com

Tatton Asset Management PLC offers on-platform only discretionary fund management, regulatory, compliance, and business consulting services, as well as a whole of market mortgage provision, to directly authorized financial advisers across the United Kingdom. The company's business segments include Tatton and Paradigm, with the maximum revenue derived from the Tatton segment.

Tatton Asset Management (FRA:2T7) Headlines

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Tatton Asset Management (FRA:2T7) Cash-to-Debt : No Debt (1) (As of Sep. 2023)