Montanaro UK Smaller Inv Tr (LSE:MTU) Cash-to-Debt : 0.30 (As of Sep. 2023)

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What is Montanaro UK Smaller Inv Tr 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. Montanaro UK Smaller Inv Tr's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.30.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Montanaro UK Smaller Inv Tr couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Montanaro UK Smaller Inv Tr's Cash-to-Debt or its related term are showing as below:

LSE:MTU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.52 Max: 0.71
Current: 0.3

During the past 13 years, Montanaro UK Smaller Inv Tr's highest Cash to Debt Ratio was 0.71. The lowest was 0.01. And the median was 0.52.

LSE:MTU's Cash-to-Debt is ranked worse than
71.84% of 1449 companies
in the Asset Management industry
Industry Median: 5.79 vs LSE:MTU: 0.30

Montanaro UK Smaller Inv Tr Cash-to-Debt Historical Data

The historical data trend for Montanaro UK Smaller Inv Tr'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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Montanaro UK Smaller Inv Tr Cash-to-Debt Chart

Montanaro UK Smaller Inv Tr Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.33

0.61

0.50

0.51

0.54

Montanaro UK Smaller Inv Tr Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.54	0.51	0.60	0.54	0.30

Competitive Comparison of Montanaro UK Smaller Inv Tr's Cash-to-Debt

For the Asset Management subindustry, Montanaro UK Smaller Inv Tr'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.

Montanaro UK Smaller Inv Tr's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Montanaro UK Smaller Inv Tr's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Montanaro UK Smaller Inv Tr's Cash-to-Debt falls into.

Montanaro UK Smaller Inv Tr 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.

Montanaro UK Smaller Inv Tr's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	10.856	/	(0	+	20)
	=	0.54

Montanaro UK Smaller Inv Tr's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	5.902	/	(0	+	20)
	=	0.30

Montanaro UK Smaller Inv Tr (LSE:MTU) 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.

Montanaro UK Smaller Inv Tr Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Montanaro UK Smaller Inv Tr's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Montanaro UK Smaller Inv Tr (LSE:MTU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Montanaro UK Smaller Companies Inv Tr PLC (LSE:MTU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MTUl:UK

Address

65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ

Website

https://www.montanaro.co.uk

Montanaro UK Smaller Companies Inv Tr PLC is a United Kingdom-based company. Its investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market ( AIM) and to outperform its benchmark, the Numis Smaller Companies Index. The company seeks to achieve its objective by investing in a diversified portfolio of quoted UK small companies.

Montanaro UK Smaller Inv Tr (LSE:MTU) Headlines

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