ARC Funds (ASX:ARC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is ARC Funds 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. ARC Funds'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, ARC Funds 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 ARC Funds's Cash-to-Debt or its related term are showing as below:

ASX:ARC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.58 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, ARC Funds's highest Cash to Debt Ratio was No Debt. The lowest was 0.58. And the median was No Debt.

ASX:ARC's Cash-to-Debt is ranked better than
99.93% of 1448 companies
in the Asset Management industry
Industry Median: 5.72 vs ASX:ARC: No Debt

ARC Funds Cash-to-Debt Historical Data

The historical data trend for ARC Funds'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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ARC Funds Cash-to-Debt Chart

ARC Funds Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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No Debt

0.58

No Debt

ARC Funds Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of ARC Funds's Cash-to-Debt

For the Asset Management subindustry, ARC Funds'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.

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

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

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

ARC Funds 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.

ARC Funds's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

ARC Funds had no debt ⁽¹⁾.

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

ARC Funds had no debt ⁽¹⁾.

ARC Funds (ASX:ARC) 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.

ARC Funds Cash-to-Debt Related Terms

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

ARC Funds (ASX:ARC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ARC Funds Ltd (ASX:ARC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/- Acclime Australia, Level 7, 330 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.arcfunds.com.au

ARC Funds Ltd is engaged in providing equity investments and funds management and financial services. The company operates only in Australia. Its business operates through two segments: Funds Management, which is involved in the management of investment vehicles and provision of funds management services; and Investment, which invests in agriculture-related entities, schemes and securities; microcap Australian companies, and other financial services entities.