Alliance Witan (LSE:ALW) Cash-to-Debt : 0.43 (As of Jun. 2024)

View and export this data going back to 1947. Start your Free Trial

What is Alliance Witan 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. Alliance Witan's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.43.

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, Alliance Witan couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LSE:ALW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.32 Max: 0.43
Current: 0.43

During the past 13 years, Alliance Witan's highest Cash to Debt Ratio was 0.43. The lowest was 0.06. And the median was 0.32.

LSE:ALW's Cash-to-Debt is ranked worse than
69.1% of 1437 companies
in the Asset Management industry
Industry Median: 5.82 vs LSE:ALW: 0.43

Alliance Witan Cash-to-Debt Historical Data

The historical data trend for Alliance Witan'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.

* Premium members only.

Alliance Witan Cash-to-Debt Chart

Alliance Witan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.37

0.32

0.23

0.43

0.37

Alliance Witan Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.29	0.43	0.31	0.37	0.43

Competitive Comparison of Alliance Witan's Cash-to-Debt

For the Asset Management subindustry, Alliance Witan'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.

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

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

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

Alliance Witan Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Alliance Witan's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	84.974	/	(0	+	230.144)
	=	0.37

Alliance Witan's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	115.546	/	(0	+	267.233)
	=	0.43

Alliance Witan (LSE:ALW) 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.

Alliance Witan Cash-to-Debt Related Terms

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

Alliance Witan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alliance Witan PLC (LSE:ALW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 West Victoria Dock Road, Dundee, GBR, DD1 3JT

Website

https://www.alliancewitan.com

Alliance Witan PLC is an investment management company. The company helps investors to Seek opportunities for returns by managing risk. The company aims to be an equity holding for investors that delivers a real return over the long term through a combination of capital growth and a rising dividend. The Company invests in world-wide equities across a wide range of different sectors and industries to achieve its objective.

Alliance Witan Headlines

No Headlines