Teaminvest Private Group (ASX:TIP) Cash-to-Debt : 0.23 (As of Dec. 2024)

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What is Teaminvest Private 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. Teaminvest Private Group's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.23.

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, Teaminvest Private Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

ASX:TIP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 1.94 Max: No Debt
Current: 0.23

During the past 6 years, Teaminvest Private Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.23. And the median was 1.94.

ASX:TIP's Cash-to-Debt is ranked worse than
74.5% of 1447 companies
in the Asset Management industry
Industry Median: 5.7 vs ASX:TIP: 0.23

Teaminvest Private Group Cash-to-Debt Historical Data

The historical data trend for Teaminvest Private 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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Teaminvest Private Group Cash-to-Debt Chart

Teaminvest Private Group Annual Data

Trend

Jun18

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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1.94

2.05

1.52

2.68

0.29

Teaminvest Private Group Semi-Annual Data
	Jun18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial							1.58	2.68	3.51	0.29	0.23

Competitive Comparison of Teaminvest Private Group's Cash-to-Debt

For the Asset Management subindustry, Teaminvest Private 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.

Teaminvest Private Group's Cash-to-Debt Distribution in the Asset Management Industry

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

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

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Teaminvest Private 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.

Teaminvest Private Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	6.4	/	(2.827	+	19.051)
	=	0.29

Teaminvest Private Group's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5.169	/	(3.639	+	18.454)
	=	0.23

Teaminvest Private Group (ASX:TIP) 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.

Teaminvest Private Group Cash-to-Debt Related Terms

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Teaminvest Private Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Teaminvest Private Group Ltd (ASX:TIP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Ryde Road, Ground Floor Suite 2, Pymble, Pymble, NSW, AUS, 2073

Website

https://www.tipgroup.com.au

Teaminvest Private Group Ltd is a specialist private equity firm. It acquires, manages, and divests ownership of privately-owned businesses. The company operates and invests in Australia. Its segments are the Equity, Wealth and Education & Corporate segments.