Alkemy Capital Investments (LSE:ALK) Cash-to-Debt : 0.11 (As of Jul. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Alkemy Capital Investments 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. Alkemy Capital Investments's cash to debt ratio for the quarter that ended in Jul. 2023 was 0.11.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Alkemy Capital Investments couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2023.

The historical rank and industry rank for Alkemy Capital Investments's Cash-to-Debt or its related term are showing as below:

LSE:ALK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: No Debt
Current: 0.11

During the past 3 years, Alkemy Capital Investments's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.11.

LSE:ALK's Cash-to-Debt is ranked worse than
77.54% of 552 companies
in the Diversified Financial Services industry
Industry Median: 2.775 vs LSE:ALK: 0.11

Alkemy Capital Investments Cash-to-Debt Historical Data

The historical data trend for Alkemy Capital Investments'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.

Alkemy Capital Investments Cash-to-Debt Chart

Alkemy Capital Investments Annual Data

Trend

Jan21

Jan22

Jan23

Cash-to-Debt

N/A

No Debt

0.04

Alkemy Capital Investments Semi-Annual Data
	Jul21	Jan22	Jul22	Jan23	Jul23
Cash-to-Debt	1.09	No Debt	0.08	0.04	0.11

Competitive Comparison of Alkemy Capital Investments's Cash-to-Debt

For the Shell Companies subindustry, Alkemy Capital Investments'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.

Alkemy Capital Investments's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alkemy Capital Investments's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Alkemy Capital Investments's Cash-to-Debt falls into.

Alkemy Capital Investments 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.

Alkemy Capital Investments's Cash to Debt Ratio for the fiscal year that ended in Jan. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.012	/	(0.326	+	0)
	=	0.04

Alkemy Capital Investments's Cash to Debt Ratio for the quarter that ended in Jul. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.04	/	(0.361	+	0)
	=	0.11

Alkemy Capital Investments (LSE:ALK) 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.

Alkemy Capital Investments Cash-to-Debt Related Terms

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

Alkemy Capital Investments (LSE:ALK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Alkemy Capital Investments PLC (LSE:ALK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JV2:Germany

Address

167-169 Great Portland Street, Fifth Floor, London, GBR, W1W 5PF

Website

https://www.alkemycapital.co.uk

Alkemy Capital Investments PLC is a special purpose investment company that has been established with the intent of generating returns for its equity investors through the acquisition, merger and management of companies or businesses.