Qualitas (ASX:QAL) Cash-to-Debt : 2.51 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Qualitas 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. Qualitas's cash to debt ratio for the quarter that ended in Dec. 2024 was 2.51.

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, Qualitas could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

ASX:QAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 0.66 Max: 2.51
Current: 2.51

During the past 4 years, Qualitas's highest Cash to Debt Ratio was 2.51. The lowest was 0.40. And the median was 0.66.

ASX:QAL's Cash-to-Debt is ranked worse than
53.54% of 1442 companies
in the Asset Management industry
Industry Median: 4.96 vs ASX:QAL: 2.51

Qualitas Cash-to-Debt Historical Data

The historical data trend for Qualitas'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.

* Premium members only.

Qualitas Cash-to-Debt Chart

Qualitas Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

0.68

0.74

0.57

0.67

Qualitas Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial			0.40	0.57	0.65	0.67	2.51

Competitive Comparison of Qualitas's Cash-to-Debt

For the Asset Management subindustry, Qualitas'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.

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

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

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

Save Embed

;

Save Embed

;

Qualitas 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.

Qualitas'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)
	=	196.568	/	(292.138	+	3.154)
	=	0.67

Qualitas's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	105.101	/	(41.908	+	0)
	=	2.51

Qualitas (ASX:QAL) 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.

Qualitas Cash-to-Debt Related Terms

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

Qualitas Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Collins Street, Level 38, Melbourne, VIC, AUS, 3000

Website

https://www.qualitas.com.au

Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.

Qualitas Headlines

No Headlines