Avesco Group (Avesco Group) Cash-to-Debt : 0.88 (As of Mar. 2016)

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What is Avesco 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. Avesco Group's cash to debt ratio for the quarter that ended in Mar. 2016 was 0.88.

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, Avesco Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2016.

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

AVGPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.33 Max: No Debt
Current: 0.88

During the past 12 years, Avesco Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.33.

AVGPF's Cash-to-Debt is not ranked
in the Media - Diversified industry.
Industry Median: 1.275 vs AVGPF: 0.88

Avesco Group Cash-to-Debt Historical Data

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

Avesco Group Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Cash-to-Debt

Get a 7-Day Free Trial

0.38

0.15

2.05

0.30

0.42

Avesco Group Semi-Annual Data
	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16
Cash-to-Debt	Get a 7-Day Free Trial															0.24	0.30	0.29	0.42	0.88

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

For the Broadcasting subindustry, Avesco 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.

Avesco Group's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Avesco Group's Cash-to-Debt distribution charts can be found below:

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

Avesco Group 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.

Avesco Group's Cash to Debt Ratio for the fiscal year that ended in Sep. 2015 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)
	=	19.554	/	(12.799	+	33.537)
	=	0.42

Avesco Group's Cash to Debt Ratio for the quarter that ended in Mar. 2016 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)
	=	32.715	/	(13.343	+	23.983)
	=	0.88

Avesco Group (OTCPK:AVGPF) 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.

Avesco Group Cash-to-Debt Related Terms

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Avesco Group (Avesco Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Avesco Group PLC (OTCPK:AVGPF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.avesco.com

Avesco Group PLC was incorporated on February 2, 1984. The Company provides services to the corporate presentation, entertainment and broadcast markets. Its operating business segments are Creative Technology, Full Service and Broadcast Services. The creative technology provides specialist AV services and equipment to the live events, broadcast and entertainment markets. The full service segment provides full technical support for conferences, sports, music, corporate and television programs. The broadcast services segment provides broadcast equipment, systems and services to the broadcast industry. The Company has operations in the United Kingdom, Mainland Europe, United States of America, and other part of the World.

Avesco Group (Avesco Group) Headlines

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