Mobeusome & Growth VCT (LSE:MIX) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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What is Mobeusome & Growth VCT 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. Mobeusome & Growth VCT's cash to debt ratio for the quarter that ended in Jun. 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, Mobeusome & Growth VCT could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Mobeusome & Growth VCT's Cash-to-Debt or its related term are showing as below:

LSE:MIX' 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 13 years, Mobeusome & Growth VCT's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:MIX's Cash-to-Debt is ranked better than
99.72% of 1440 companies
in the Asset Management industry
Industry Median: 5.005 vs LSE:MIX: No Debt

Mobeusome & Growth VCT Cash-to-Debt Historical Data

The historical data trend for Mobeusome & Growth VCT'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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Mobeusome & Growth VCT Cash-to-Debt Chart

Mobeusome & Growth VCT Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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No Debt

Mobeusome & Growth VCT 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Mobeusome & Growth VCT's Cash-to-Debt

For the Asset Management subindustry, Mobeusome & Growth VCT'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.

Mobeusome & Growth VCT's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mobeusome & Growth VCT's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mobeusome & Growth VCT's Cash-to-Debt falls into.

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Mobeusome & Growth VCT 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.

Mobeusome & Growth VCT's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Mobeusome & Growth VCT had no debt ⁽¹⁾.

Mobeusome & Growth VCT's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Mobeusome & Growth VCT had no debt ⁽¹⁾.

Mobeusome & Growth VCT (LSE:MIX) 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.

Mobeusome & Growth VCT Cash-to-Debt Related Terms

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

Mobeusome & Growth VCT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mobeus Income & Growth VCT PLC (LSE:MIX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 New Street Square, London, GBR, EC4A 3TW

Website

https://www.mobeusvcts.co.uk

Mobeus Income & Growth VCT PLC is a UK-based Venture Capital Trust company. The Investment objective of the company is to provide investors with a regular income stream by way of tax-free dividends generated from income and capital returns. The company invests in a portfolio of the United Kingdom unquoted companies. The fund structures its investments as part equity and part loan to receive a regular income, generate capital gain upon sale, and reduce the risk of high exposure to equities. The company invests in various sectors such as general retailers, support services, Travel and Leisure, media, software & computer services, general financial, General industrials, and construction & building materials, and others.