Aveo Healthcare (ASX:AEH) Cash-to-Debt : 0.01 (As of Dec. 2013)

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What is Aveo Healthcare 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. Aveo Healthcare's cash to debt ratio for the quarter that ended in Dec. 2013 was 0.01.

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, Aveo Healthcare couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2013.

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

ASX:AEH's Cash-to-Debt is not ranked ^*
in the Real Estate industry.
Industry Median: 0.25
* Ranked among companies with meaningful Cash-to-Debt only.

Aveo Healthcare Cash-to-Debt Historical Data

The historical data trend for Aveo Healthcare'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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Aveo Healthcare Cash-to-Debt Chart

Aveo Healthcare Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Cash-to-Debt

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0.02

0.03

0.01

Aveo Healthcare Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.02	0.01	0.01

Competitive Comparison of Aveo Healthcare's Cash-to-Debt

For the Real Estate Services subindustry, Aveo Healthcare'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.

Aveo Healthcare's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aveo Healthcare's Cash-to-Debt distribution charts can be found below:

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

Aveo Healthcare 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.

Aveo Healthcare's Cash to Debt Ratio for the fiscal year that ended in Jun. 2013 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)
	=	3.697	/	(267.953	+	26.568)
	=	0.01

Aveo Healthcare's Cash to Debt Ratio for the quarter that ended in Dec. 2013 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)
	=	4.142	/	(268.035	+	23.516)
	=	0.01

Aveo Healthcare (ASX:AEH) 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.

Aveo Healthcare Cash-to-Debt Related Terms

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Aveo Healthcare (ASX:AEH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aveo Healthcare Ltd (ASX:AEH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://aveohealthcare.com.au

Aveo Healthcare Ltd provides retirement communities in South-East Queensland. The Company's healthcare's portfolio comprises five retirement villages, located in Albany Creet, Clayfield, Cleveland, Durack and Taringa.