Orchard Funding Group (LSE:ORCH) Cash-to-Debt : 0.01 (As of Jan. 2024)

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What is Orchard Funding Group 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. Orchard Funding Group's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.01.

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, Orchard Funding Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Orchard Funding Group's Cash-to-Debt or its related term are showing as below:

LSE:ORCH' s Cash-to-Debt Range Over the Past 10 Years
Min: -0.01 Med: 0.15 Max: 0.41
Current: 0.01

During the past 12 years, Orchard Funding Group's highest Cash to Debt Ratio was 0.41. The lowest was -0.01. And the median was 0.15.

LSE:ORCH's Cash-to-Debt is ranked worse than
94.84% of 504 companies
in the Credit Services industry
Industry Median: 0.225 vs LSE:ORCH: 0.01

Orchard Funding Group Cash-to-Debt Historical Data

The historical data trend for Orchard Funding Group'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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Orchard Funding Group Cash-to-Debt Chart

Orchard Funding Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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0.13

0.21

0.18

0.19

0.07

Orchard Funding Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.21	0.19	0.07	0.07	0.01

Competitive Comparison of Orchard Funding Group's Cash-to-Debt

For the Credit Services subindustry, Orchard Funding Group'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.

Orchard Funding Group's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Orchard Funding Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Orchard Funding Group's Cash-to-Debt falls into.

Orchard Funding Group 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.

Orchard Funding Group's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.55	/	(26.079	+	8.643)
	=	0.07

Orchard Funding Group's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.345	/	(28.077	+	10.146)
	=	0.01

Orchard Funding Group (LSE:ORCH) 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.

Orchard Funding Group Cash-to-Debt Related Terms

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

Orchard Funding Group (LSE:ORCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Orchard Funding Group PLC (LSE:ORCH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

721 Capability Green, 1st Floor, Luton, Bedfordshire, GBR, LU1 3LU

Website

https://www.orchardfundinggroupplc.com

Orchard Funding Group PLC is a finance company that specializes in insurance premium finance and the professional fee funding market. The company mainly provides funding and funding support systems to clients of insurance brokers and professional firms. Orchard aims to further increase the capital base to enable to support higher levels of borrowing. Its operating business segment is lending. The company operates within the United Kingdom.

Orchard Funding Group (LSE:ORCH) Headlines

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