Evli (FRA:V6O) Cash-to-Debt : 0.00 (As of Sep. 2024)

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What is Evli 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. Evli's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.00.

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, Evli couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

During the past 3 years, Evli's highest Cash to Debt Ratio was 0.46. The lowest was 0.00. And the median was 0.13.

FRA:V6O's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.505
* Ranked among companies with meaningful Cash-to-Debt only.

Evli Cash-to-Debt Historical Data

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

Evli Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.46

0.25

Evli Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Evli's Cash-to-Debt

For the Asset Management subindustry, Evli'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.

Evli's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Evli 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.

Evli'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)
	=	0	/	(14.7	+	106.8)
	=	0.00

Evli's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	0	/	(16.7	+	82.1)
	=	0.00

Evli (FRA:V6O) 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.

Evli Cash-to-Debt Related Terms

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Evli Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Evli PLC (FRA:V6O) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EVLI:Finland

Address

Aleksanterinkatu 19, 4th Floor, P.O. Box 1081, Helsinki, FIN, FI-00101

Website

https://www.evli.com

Evli PLC is engaged in asset management. The product and service offering includes mutual funds, asset management, capital markets services, alternative investment products, equity research, planning and administration of incentive programs, and Corporate Finance services.

Evli Headlines

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