Fiinu (FRA:LWW) Cash-to-Debt : 22.72 (As of Dec. 2023)

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What is Fiinu 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. Fiinu's cash to debt ratio for the quarter that ended in Dec. 2023 was 22.72.

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, Fiinu could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FRA:LWW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 22.6 Max: No Debt
Current: 22.6

During the past 5 years, Fiinu's highest Cash to Debt Ratio was No Debt. The lowest was 0.24. And the median was 22.60.

FRA:LWW's Cash-to-Debt is ranked better than
83% of 506 companies
in the Credit Services industry
Industry Median: 0.225 vs FRA:LWW: 22.60

Fiinu Cash-to-Debt Historical Data

The historical data trend for Fiinu'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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Fiinu Cash-to-Debt Chart

Fiinu Annual Data

Trend

Mar19

Mar20

Mar21

Dec22

Dec23

Cash-to-Debt

0.24

6.54

No Debt

31.15

22.72

Fiinu Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	31.15	26.56	22.72

Competitive Comparison of Fiinu's Cash-to-Debt

For the Credit Services subindustry, Fiinu'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.

Fiinu's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fiinu's Cash-to-Debt distribution charts can be found below:

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

Fiinu 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.

Fiinu's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1.522	/	(0.067	+	0)
	=	22.72

Fiinu's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1.522	/	(0.067	+	0)
	=	22.72

Fiinu (FRA:LWW) 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.

Fiinu Cash-to-Debt Related Terms

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Fiinu (FRA:LWW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fiinu PLC (FRA:LWW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BANK:UK

Address

Meadows Business Park, Station Approach, Blackwater, Camberley, GBR, GU17 9AB

Website

https://www.fiinu.com

Fiinu PLC is a digital banking platform intended to unbundle overdraft solutions without needing to switch banks. The company offers led interest income, deposit margin banking infrastructure provider and helps to manage budget or those short-term unexpected costs, in a simple and responsible way, thereby assisting individuals with short-term unexpected expenses while maintaining financial prudence to reshape banking into a hassle-free, transparent, and efficient journey.

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