Alpha Financial Markets Consulting (LSE:AFM) Cash-to-Debt : 11.48 (As of Mar. 2024)

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What is Alpha Financial Markets Consulting 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. Alpha Financial Markets Consulting's cash to debt ratio for the quarter that ended in Mar. 2024 was 11.48.

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, Alpha Financial Markets Consulting could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

LSE:AFM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 12.86 Max: No Debt
Current: 11.48

During the past 10 years, Alpha Financial Markets Consulting's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 12.86.

LSE:AFM's Cash-to-Debt is ranked better than
79.96% of 1068 companies
in the Business Services industry
Industry Median: 0.99 vs LSE:AFM: 11.48

Alpha Financial Markets Consulting Cash-to-Debt Historical Data

The historical data trend for Alpha Financial Markets Consulting'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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Alpha Financial Markets Consulting Cash-to-Debt Chart

Alpha Financial Markets Consulting Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

3.39

17.97

26.37

14.23

11.48

Alpha Financial Markets Consulting Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial												26.37	5.03	14.23	1.87	11.48

Competitive Comparison of Alpha Financial Markets Consulting's Cash-to-Debt

For the Consulting Services subindustry, Alpha Financial Markets Consulting'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.

Alpha Financial Markets Consulting's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alpha Financial Markets Consulting's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Alpha Financial Markets Consulting's Cash-to-Debt falls into.

Alpha Financial Markets Consulting 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.

Alpha Financial Markets Consulting's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	29.392	/	(1.413	+	1.147)
	=	11.48

Alpha Financial Markets Consulting's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	29.392	/	(1.413	+	1.147)
	=	11.48

Alpha Financial Markets Consulting (LSE:AFM) 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.

Alpha Financial Markets Consulting Cash-to-Debt Related Terms

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

Alpha Financial Markets Consulting (LSE:AFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Alpha Financial Markets Consulting PLC (LSE:AFM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Gresham Street, London, GBR, EC2V 7BB

Website

https://www.alphafmc.com

Alpha Financial Markets Consulting PLC provides consulting and related services to clients in the asset management, insurance industries, and wealth management industries. The Company has a presence in the UK, North America, Europe, and Asia Pacific, wherein geographically, it derives the maximum of the revenue from North America.

Alpha Financial Markets Consulting (LSE:AFM) Headlines

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