Calliden Group (ASX:CIX) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2014)

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What is Calliden Group 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. Calliden Group's cash to debt ratio for the quarter that ended in Jun. 2014 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, Calliden Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2014.

(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 Calliden Group's Cash-to-Debt or its related term are showing as below:

ASX:CIX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.36 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Calliden Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.36. And the median was No Debt.

ASX:CIX's Cash-to-Debt is not ranked
in the Insurance industry.
Industry Median: 1.835 vs ASX:CIX: No Debt

Calliden Group Cash-to-Debt Historical Data

The historical data trend for Calliden 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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Calliden Group Cash-to-Debt Chart

Calliden Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

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0.36

2.06

No Debt

Calliden Group Semi-Annual Data
	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Calliden Group's Cash-to-Debt

For the Insurance - Reinsurance subindustry, Calliden 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.

Calliden Group's Cash-to-Debt Distribution in the Insurance Industry

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

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

Calliden 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.

Calliden Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

Calliden Group had no debt ⁽¹⁾.

Calliden Group's Cash to Debt Ratio for the quarter that ended in Jun. 2014 is calculated as:

Calliden Group had no debt ⁽¹⁾.

Calliden Group (ASX:CIX) 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.

Calliden Group Cash-to-Debt Related Terms

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

Calliden Group (ASX:CIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Calliden Group Ltd (ASX:CIX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.calliden.com.au

Calliden Group Limited is an ASX listed company providing general insurance products for small and medium enterprises as well as individual customers in Australia through Calliden Insurance Ltd, a wholly-owned authorized insurance subsidiary of it.