Investcorp Capital (ADX:ICAP) Cash-to-Debt : 3.65 (As of Jun. 2024)

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What is Investcorp Capital 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. Investcorp Capital's cash to debt ratio for the quarter that ended in Jun. 2024 was 3.65.

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, Investcorp Capital could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ADX:ICAP' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.65 Med: 10.76 Max: 11.71
Current: 3.65

During the past 4 years, Investcorp Capital's highest Cash to Debt Ratio was 11.71. The lowest was 3.65. And the median was 10.76.

ADX:ICAP's Cash-to-Debt is ranked worse than
51.79% of 1454 companies
in the Asset Management industry
Industry Median: 5.505 vs ADX:ICAP: 3.65

Investcorp Capital Cash-to-Debt Historical Data

The historical data trend for Investcorp Capital'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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Investcorp Capital Cash-to-Debt Chart

Investcorp Capital Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

11.18

10.35

11.71

3.65

Investcorp Capital Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			10.35	N/A	11.71	No Debt	3.65

Competitive Comparison of Investcorp Capital's Cash-to-Debt

For the Asset Management subindustry, Investcorp Capital'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.

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

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

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

Investcorp Capital 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.

Investcorp Capital's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 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)
	=	1770.385	/	(0	+	484.836)
	=	3.65

Investcorp Capital's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	1770.385	/	(0	+	484.836)
	=	3.65

Investcorp Capital (ADX:ICAP) 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.

Investcorp Capital Cash-to-Debt Related Terms

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Investcorp Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Investcorp Capital PLC (ADX:ICAP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Sila Tower 8th Floor, P.O. Box 36961, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, ARE

Website

https://www.investcorp.com

Investcorp Capital PLC is a company whose main purpose is providing of capital and capital financing services in the alternative investments industry. The company has two reportable segments: Capital Financing Services and Capital Deployment.