Edinburgh Worldwide Investment Trust (LSE:EWI) Cash-to-Debt : No Debt ⁽¹⁾ (As of Apr. 2024)

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What is Edinburgh Worldwide Investment 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. Edinburgh Worldwide Investment Trust's cash to debt ratio for the quarter that ended in Apr. 2024 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, Edinburgh Worldwide Investment Trust could pay off its debt using the cash in hand for the quarter that ended in Apr. 2024.

(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 Edinburgh Worldwide Investment Trust's Cash-to-Debt or its related term are showing as below:

LSE:EWI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.51 Max: No Debt
Current: 0.08

During the past 13 years, Edinburgh Worldwide Investment Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 0.51.

LSE:EWI's Cash-to-Debt is ranked worse than
85.28% of 1454 companies
in the Asset Management industry
Industry Median: 5.505 vs LSE:EWI: 0.08

Edinburgh Worldwide Investment Trust Cash-to-Debt Historical Data

The historical data trend for Edinburgh Worldwide Investment 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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Edinburgh Worldwide Investment Trust Cash-to-Debt Chart

Edinburgh Worldwide Investment Trust Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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0.28

0.84

0.50

0.11

0.19

Edinburgh Worldwide Investment Trust Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Cash-to-Debt	Get a 7-Day Free Trial															0.10	0.11	No Debt	0.19	No Debt

Competitive Comparison of Edinburgh Worldwide Investment Trust's Cash-to-Debt

For the Asset Management subindustry, Edinburgh Worldwide Investment 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.

Edinburgh Worldwide Investment Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Edinburgh Worldwide Investment Trust's Cash-to-Debt falls into.

Edinburgh Worldwide Investment 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.

Edinburgh Worldwide Investment Trust's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	19.146	/	(0	+	103.249)
	=	0.19

Edinburgh Worldwide Investment Trust's Cash to Debt Ratio for the quarter that ended in Apr. 2024 is calculated as:

Edinburgh Worldwide Investment Trust had no debt ⁽¹⁾.

Edinburgh Worldwide Investment Trust (LSE:EWI) 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.

Edinburgh Worldwide Investment Trust Cash-to-Debt Related Terms

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Edinburgh Worldwide Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Edinburgh Worldwide Investment Trust PLC (LSE:EWI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EWIl:UK

Address

Calton Square, 1 Greenside Row, Edinburgh, GBR, EH1 3AN

Website

http://www.edinburghworldwide.co.uk

Edinburgh Worldwide Investment Trust PLC is an investment company with the objective to achieve long-term capital growth by investing in listed companies world-wide. It seeks to construct its portfolio through the identification of individual companies with business across North America, Asia, Australia, Africa, the Middle East and Europe. The firm invests mainly in information technology, materials, consumer discretionary, financials, industrials, health care sectors and communication Services.