Anchor Capital Investments (FRA:ACP) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2016)

View and export this data going back to 2016. Start your Free Trial

What is Anchor 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. Anchor Capital Investments's cash to debt ratio for the quarter that ended in Dec. 2016 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, Anchor Capital Investments could pay off its debt using the cash in hand for the quarter that ended in Dec. 2016.

(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 Anchor Capital Investments's Cash-to-Debt or its related term are showing as below:

FRA:ACP's Cash-to-Debt is not ranked ^*
in the Capital Markets industry.
Industry Median: 1.96
* Ranked among companies with meaningful Cash-to-Debt only.

Anchor Capital Investments Cash-to-Debt Historical Data

The historical data trend for Anchor 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.

* Premium members only.

Anchor Capital Investments Cash-to-Debt Chart

Anchor Capital Investments Annual Data

Trend

Dec15

Dec16

Cash-to-Debt

No Debt

Anchor Capital Investments Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16
Cash-to-Debt	N/A	No Debt	No Debt	No Debt

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

For the Capital Markets subindustry, Anchor 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.

Anchor Capital Investments's Cash-to-Debt Distribution in the Capital Markets Industry

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

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

Anchor 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.

Anchor Capital Investments's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Anchor Capital Investments had no debt ⁽¹⁾.

Anchor Capital Investments's Cash to Debt Ratio for the quarter that ended in Dec. 2016 is calculated as:

Anchor Capital Investments had no debt ⁽¹⁾.

Anchor Capital Investments (FRA:ACP) 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.

Anchor Capital Investments Cash-to-Debt Related Terms

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

Anchor Capital Investments (FRA:ACP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Anchor Capital Investments Ltd (FRA:ACP) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Website

http://www.anchorcapitalinvestments.com

Anchor Capital Investments Ltd is an investment consultancy company. It provides financial consulting, financial analysis, listing on the Stock Exchanges, business plan development and website development services.