Hansa Investment Co (LSE:HAN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Hansa Investment 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. Hansa Investment Co's cash to debt ratio for the quarter that ended in Sep. 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, Hansa Investment Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Hansa Investment Co's Cash-to-Debt or its related term are showing as below:

LSE:HAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Hansa Investment Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.34. And the median was No Debt.

LSE:HAN's Cash-to-Debt is ranked better than
99.72% of 1445 companies
in the Asset Management industry
Industry Median: 5.7 vs LSE:HAN: No Debt

Hansa Investment Co Cash-to-Debt Historical Data

The historical data trend for Hansa Investment 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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Hansa Investment Co Cash-to-Debt Chart

Hansa Investment Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.34

0.89

No Debt

Hansa Investment Co Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	N/A	No Debt	No Debt

Competitive Comparison of Hansa Investment Co's Cash-to-Debt

For the Asset Management subindustry, Hansa Investment 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.

Hansa Investment Co's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Hansa Investment Co's Cash-to-Debt falls into.

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Hansa Investment Co 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.

Hansa Investment Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Hansa Investment Co had no debt ⁽¹⁾.

Hansa Investment Co's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Hansa Investment Co had no debt ⁽¹⁾.

Hansa Investment Co (LSE:HAN) 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.

Hansa Investment Co Cash-to-Debt Related Terms

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

Hansa Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hansa Investment Co Ltd (LSE:HAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HANA:UK

Address

2 Church Street, PO Box HM666, Clarendon House, Hamilton, BMU, HM CX

Website

https://www.hansaicl.com

Hansa Investment Co Ltd is a United Kingdom-based investment trust company. Its investment portfolio comprises quoted and unquoted long-term, non-index correlated investments, which would not normally be available for investment to individual investors. The company invests in various sectors such as Industrials, Information Technology, Financials, Consumer Discretionary, Communications Services, Health Care, Real Estate, Consumer Staples, Materials and Energy. It is in the Middle East, East Africa, North America, Europe, Asia Pacific, Japan, and Others.

Hansa Investment Co Headlines

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Hansa Investment Co (LSE:HAN) Cash-to-Debt : No Debt (1) (As of Sep. 2024)