Infinity Capital Investments (BSE:INFINITY) Cash-to-Debt : 47.85 (As of Jun. 2023)

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What is Infinity Capital Investments 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. Infinity Capital Investments's cash to debt ratio for the quarter that ended in Jun. 2023 was 47.85.

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, Infinity Capital Investments could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

BSE:INFINITY' s Cash-to-Debt Range Over the Past 10 Years
Min: 12.07 Med: 38.15 Max: No Debt
Current: 47.85

During the past 13 years, Infinity Capital Investments's highest Cash to Debt Ratio was No Debt. The lowest was 12.07. And the median was 38.15.

BSE:INFINITY's Cash-to-Debt is ranked better than
58.95% of 1452 companies
in the Asset Management industry
Industry Median: 5.72 vs BSE:INFINITY: 47.85

Infinity Capital Investments Cash-to-Debt Historical Data

The historical data trend for Infinity Capital Investments'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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Infinity Capital Investments Cash-to-Debt Chart

Infinity Capital Investments Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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No Debt

32.77

17.51

17.86

12.07

Infinity Capital Investments Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															157.09	17.86	69.98	12.07	47.85

Competitive Comparison of Infinity Capital Investments's Cash-to-Debt

For the Asset Management subindustry, Infinity Capital Investments'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.

Infinity Capital Investments's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Infinity Capital Investments 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.

Infinity Capital Investments's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	1952.137	/	(160.738	+	0.979)
	=	12.07

Infinity Capital Investments's Cash to Debt Ratio for the quarter that ended in Jun. 2023 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)
	=	2050.888	/	(41.717	+	1.142)
	=	47.85

Infinity Capital Investments (BSE:INFINITY) 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.

Infinity Capital Investments Cash-to-Debt Related Terms

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

Infinity Capital Investments (BSE:INFINITY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Infinity Capital Investments SA (BSE:INFINITY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Tufanele Street, Dolj County, Craiova, ROU, 200767

Website

https://www.sifolt.ro

Infinity Capital Investments SA formerly Societatea de Investitii Financiare Oltenia SA is a Romania-based closed-end financial investment company. It is engaged in financial investment activities and management of investment portfolio. The company is involved in the management and administration of the shares in commercial companies; administration of the own portfolio of securities, and other similar and adjacent activities. Its business segments include financial investment activity; rental of commercial spaces; food industry (mainly production of oil and sunflower by-products); tourism.

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