Artemis Alpha Trust (LSE:ATSS) Cash-to-Debt : No Debt ⁽¹⁾ (As of Oct. 2023)

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What is Artemis Alpha Trust 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. Artemis Alpha Trust's cash to debt ratio for the quarter that ended in Oct. 2023 was No Debt ⁽¹⁾.

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, Artemis Alpha Trust could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

(1) 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.

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

LSE:ATSS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 5000.63 Max: No Debt
Current: No Debt

During the past 13 years, Artemis Alpha Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 5000.63.

LSE:ATSS's Cash-to-Debt is ranked better than
99.93% of 1450 companies
in the Asset Management industry
Industry Median: 5.72 vs LSE:ATSS: No Debt

Artemis Alpha Trust Cash-to-Debt Historical Data

The historical data trend for Artemis Alpha Trust'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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Artemis Alpha Trust Cash-to-Debt Chart

Artemis Alpha Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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No Debt

Artemis Alpha Trust Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Artemis Alpha Trust's Cash-to-Debt

For the Asset Management subindustry, Artemis Alpha Trust'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.

Artemis Alpha Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Artemis Alpha Trust 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.

Artemis Alpha Trust's Cash to Debt Ratio for the fiscal year that ended in Apr. 2023 is calculated as:

Artemis Alpha Trust had no debt ⁽¹⁾.

Artemis Alpha Trust's Cash to Debt Ratio for the quarter that ended in Oct. 2023 is calculated as:

Artemis Alpha Trust had no debt ⁽¹⁾.

Artemis Alpha Trust (LSE:ATSS) 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.

Artemis Alpha Trust Cash-to-Debt Related Terms

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

Artemis Alpha Trust (LSE:ATSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Artemis Alpha Trust PLC (LSE:ATSS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ATSl:UK ATS:UK

Address

57-59 St James’s Street, Cassini House, Artemis Investment Management LLP, London, GBR, SW1A 1LD

Website

http://www.artemisalphatrust.co.uk

Artemis Alpha Trust PLC is an investment trust company. Its investment objective is to achieve above-average rates of total return over the longer term and to achieve a growing dividend stream. The company's financial instruments comprise equities, fixed interest securities, warrants, cash balances, a revolving credit the facility as well as debtors and creditors that arise from its operations. Geographically, it has a presence in the UK, Europe, the US, and other countries. The company invests in consumer technology, Oil exploration and production, apparel retail, online food delivery, and other industries.

Artemis Alpha Trust (LSE:ATSS) Headlines

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Artemis Alpha Trust (LSE:ATSS) Cash-to-Debt : No Debt (1) (As of Oct. 2023)