European Convergence Development Co (LSE:ECDC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2014)

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What is European Convergence Development Co 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. European Convergence Development Co's cash to debt ratio for the quarter that ended in Jun. 2014 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, European Convergence Development Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2014.

(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 European Convergence Development Co's Cash-to-Debt or its related term are showing as below:

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

During the past 7 years, European Convergence Development Co's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:ECDC's Cash-to-Debt is not ranked
in the Real Estate industry.
Industry Median: 0.25 vs LSE:ECDC: No Debt

European Convergence Development Co Cash-to-Debt Historical Data

The historical data trend for European Convergence Development Co'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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European Convergence Development Co Cash-to-Debt Chart

European Convergence Development Co Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

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No Debt

European Convergence Development Co Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Dec12	Jun13	Dec13	Jun14
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of European Convergence Development Co's Cash-to-Debt

For the Real Estate Services subindustry, European Convergence Development Co'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.

European Convergence Development Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, European Convergence Development Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where European Convergence Development Co's Cash-to-Debt falls into.

European Convergence Development Co 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.

European Convergence Development Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

European Convergence Development Co had no debt ⁽¹⁾.

European Convergence Development Co's Cash to Debt Ratio for the quarter that ended in Jun. 2014 is calculated as:

European Convergence Development Co had no debt ⁽¹⁾.

European Convergence Development Co (LSE:ECDC) 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.

European Convergence Development Co Cash-to-Debt Related Terms

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European Convergence Development Co (LSE:ECDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » European Convergence Development Co PLC (LSE:ECDC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.europeanconvergencedevelopment.com

European Convergence Development Company PLC was incorporated in the Isle of Man on 26 July 2006. The Company through its subsidiaries, invests in early stage development projects such as residential, retail, commercial and industrial properties. The Company invests in Romania, Turkey, Croatia, Bulgaria and Slovakia.

European Convergence Development Co (LSE:ECDC) Headlines

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European Convergence Development Co (LSE:ECDC) Cash-to-Debt : No Debt (1) (As of Jun. 2014)