Capital Appreciation (JSE:CTA) Cash-to-Debt : 15.09 (As of Sep. 2023)

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What is Capital Appreciation 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. Capital Appreciation's cash to debt ratio for the quarter that ended in Sep. 2023 was 15.09.

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, Capital Appreciation could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

JSE:CTA' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.63 Med: 55.09 Max: No Debt
Current: 15.09

During the past 8 years, Capital Appreciation's highest Cash to Debt Ratio was No Debt. The lowest was 13.63. And the median was 55.09.

JSE:CTA's Cash-to-Debt is ranked better than
71.75% of 2800 companies
in the Software industry
Industry Median: 2.47 vs JSE:CTA: 15.09

Capital Appreciation Cash-to-Debt Historical Data

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

Capital Appreciation Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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168.99

18.60

27.53

50.14

27.53

Capital Appreciation Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial											29.24	50.14	95.23	27.53	15.09

Competitive Comparison of Capital Appreciation's Cash-to-Debt

For the Information Technology Services subindustry, Capital Appreciation'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.

Capital Appreciation's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Capital Appreciation's Cash-to-Debt distribution charts can be found below:

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

Capital Appreciation 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.

Capital Appreciation's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	494.856	/	(4.041	+	13.932)
	=	27.53

Capital Appreciation's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	486.265	/	(6.842	+	25.374)
	=	15.09

Capital Appreciation (JSE:CTA) 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.

Capital Appreciation Cash-to-Debt Related Terms

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

Capital Appreciation (JSE:CTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Capital Appreciation Ltd (JSE:CTA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Saturn Crescent, Unit 2, Linbro Business Park, Sandton, Johannesburg, GT, ZAF, 2090

Website

https://www.capitalappreciation.co.za

Capital Appreciation Ltd is a South Africa based company that owns, manages, invests in, and promotes established and developing financial technology enterprises, their platforms, solutions, products, and applications. The company operates in Fintech and Financial service sector. The company operates in three segments that include Payments and Payment Infrastructure Services and Software and Services, and an International Divison. The majority of the revenue is generated from the payments division. All of its revenue is generated from South Africa.