Clairvest Group (Clairvest Group) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Dec. 2023)

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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. Clairvest Group'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, Clairvest Group 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 Clairvest Group's Cash-to-Debt or its related term are showing as below:

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

During the past 13 years, Clairvest Group's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

CVTGF's Cash-to-Debt is ranked better than
99.93% of 1474 companies
in the Asset Management industry
Industry Median: 5.3 vs CVTGF: No Debt

Clairvest Group Cash-to-Debt Historical Data

The historical data trend for Clairvest Group'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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Clairvest Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

No Debt

Clairvest Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Asset Management subindustry, Clairvest Group'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.

Clairvest Group Cash-to-Debt Distribution

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

* The bar in red indicates where Clairvest Group's Cash-to-Debt falls into.

Clairvest Group 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.

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

Clairvest Group had no debt ⁽¹⁾.

Clairvest Group's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Clairvest Group had no debt ⁽¹⁾.

Clairvest Group (OTCPK:CVTGF) 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.

Clairvest Group Cash-to-Debt Related Terms

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Clairvest Group (Clairvest Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clairvest Group Inc (OTCPK:CVTGF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CVG:Canada

Address

22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3

Website

https://www.clairvest.com

Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.