African Dawn Capital (JSE:ADW) Cash-to-Debt : 0.04 (As of Aug. 2023)

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What is African Dawn Capital 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. African Dawn Capital's cash to debt ratio for the quarter that ended in Aug. 2023 was 0.04.

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, African Dawn Capital couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

JSE:ADW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.98
Current: 0.04

During the past 13 years, African Dawn Capital's highest Cash to Debt Ratio was 0.98. The lowest was 0.01. And the median was 0.10.

JSE:ADW's Cash-to-Debt is ranked worse than
80.83% of 506 companies
in the Credit Services industry
Industry Median: 0.23 vs JSE:ADW: 0.04

African Dawn Capital Cash-to-Debt Historical Data

The historical data trend for African Dawn Capital'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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African Dawn Capital Cash-to-Debt Chart

African Dawn Capital Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

Get a 7-Day Free Trial

0.24

0.03

0.04

0.02

African Dawn Capital Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															0.11	0.04	0.01	0.02	0.04

Competitive Comparison of African Dawn Capital's Cash-to-Debt

For the Credit Services subindustry, African Dawn Capital'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.

African Dawn Capital's Cash-to-Debt Distribution in the Credit Services Industry

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

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

African Dawn Capital 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.

African Dawn Capital's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	1.106	/	(32.185	+	19.049)
	=	0.02

African Dawn Capital's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	2.084	/	(32.579	+	25.717)
	=	0.04

African Dawn Capital (JSE:ADW) 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.

African Dawn Capital Cash-to-Debt Related Terms

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

African Dawn Capital (JSE:ADW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » African Dawn Capital Ltd (JSE:ADW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner of Sonop and Ontdekkers Roads, 3rd Floor, The Village at Horizon, Horizon View, Johannesburg, GT, ZAF, 1724

Website

https://www.afdawn.co.za

African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management and Microfinance. It generates maximum revenue from the Microfinance segment. Geographically, it operates only in South Africa.

African Dawn Capital (JSE:ADW) Headlines

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