Schroder AsiaPacific Fund (LSE:SDP) Cash-to-Debt : 0.28 (As of Sep. 2023)

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What is Schroder AsiaPacific Fund 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. Schroder AsiaPacific Fund's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.28.

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, Schroder AsiaPacific Fund 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 Schroder AsiaPacific Fund's Cash-to-Debt or its related term are showing as below:

LSE:SDP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.74 Max: No Debt
Current: 0.28

During the past 13 years, Schroder AsiaPacific Fund's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 0.74.

LSE:SDP's Cash-to-Debt is ranked worse than
73.15% of 1475 companies
in the Asset Management industry
Industry Median: 5.39 vs LSE:SDP: 0.28

Schroder AsiaPacific Fund Cash-to-Debt Historical Data

The historical data trend for Schroder AsiaPacific Fund'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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Schroder AsiaPacific Fund Cash-to-Debt Chart

Schroder AsiaPacific Fund Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.86

0.55

0.84

0.28

Schroder AsiaPacific Fund 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															0.55	No Debt	0.84	No Debt	0.28

Competitive Comparison of Schroder AsiaPacific Fund's Cash-to-Debt

For the Asset Management subindustry, Schroder AsiaPacific Fund'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.

Schroder AsiaPacific Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Schroder AsiaPacific Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Schroder AsiaPacific Fund's Cash-to-Debt falls into.

Schroder AsiaPacific Fund 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.

Schroder AsiaPacific Fund's Cash to Debt Ratio for the fiscal year 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)
	=	6.785	/	(0	+	24.579)
	=	0.28

Schroder AsiaPacific Fund'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)
	=	6.785	/	(0	+	24.579)
	=	0.28

Schroder AsiaPacific Fund (LSE:SDP) 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.

Schroder AsiaPacific Fund Cash-to-Debt Related Terms

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

Schroder AsiaPacific Fund (LSE:SDP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Schroder AsiaPacific Fund PLC (LSE:SDP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SDPl:UK

Address

1 London Wall Place, London, GBR, EC2Y 5AU

Website

https://www.schroders.com

Schroder AsiaPacific Fund PLC is an asset management company based in the United Kingdom. The company's main investment objective is to achieve capital growth through investment primarily in equities of companies located in the continent of Asia (excluding the Middle East and Japan), together with the Far Eastern countries bordering the Pacific Ocean. It aims to achieve growth in excess of the MSCI All Countries Asia excluding Japan Index in sterling terms (Benchmark Index) over the longer term. The company principally invests in a diversified portfolio of companies located in the continent of Asia, of which the countries include Hong Kong, China, Singapore, Taiwan, Malaysia, South Korea, Thailand, India, The Philippines, Indonesia, Pakistan, Vietnam and Sri Lanka.