QRI Manager Pty (ASX:QRI) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is QRI Manager Pty 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. QRI Manager Pty'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, QRI Manager Pty 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 QRI Manager Pty's Cash-to-Debt or its related term are showing as below:

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

During the past 6 years, QRI Manager Pty's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:QRI's Cash-to-Debt is ranked better than
99.66% of 1454 companies
in the Asset Management industry
Industry Median: 5.505 vs ASX:QRI: No Debt

QRI Manager Pty Cash-to-Debt Historical Data

The historical data trend for QRI Manager Pty'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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QRI Manager Pty Cash-to-Debt Chart

QRI Manager Pty Annual Data

Trend

Jun18

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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No Debt

QRI Manager Pty Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of QRI Manager Pty's Cash-to-Debt

For the Asset Management subindustry, QRI Manager Pty'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.

QRI Manager Pty's Cash-to-Debt Distribution in the Asset Management Industry

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

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

QRI Manager Pty 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.

QRI Manager Pty's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

QRI Manager Pty had no debt ⁽¹⁾.

QRI Manager Pty's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

QRI Manager Pty had no debt ⁽¹⁾.

QRI Manager Pty (ASX:QRI) 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.

QRI Manager Pty Cash-to-Debt Related Terms

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

QRI Manager Pty Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000

Website

https://www.qualitas.com.au

QRI Manager Pty Ltd is a real estate investment management firm that seeks to invest the Trust's capital in a portfolio of investments that provide unitholders with exposure to real estate loans secured by first and second mortgages, predominantly located in Australia and from time to time in New Zealand.

QRI Manager Pty Headlines

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QRI Manager Pty (ASX:QRI) Cash-to-Debt : No Debt (1) (As of Dec. 2023)