Tavistock Investments (LSE:TAVI) Cash-to-Debt : 0.95 (As of Sep. 2023)

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What is Tavistock Investments 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. Tavistock Investments's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.95.

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, Tavistock Investments 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 Tavistock Investments's Cash-to-Debt or its related term are showing as below:

LSE:TAVI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 1.86 Max: No Debt
Current: 0.95

During the past 13 years, Tavistock Investments's highest Cash to Debt Ratio was No Debt. The lowest was 0.54. And the median was 1.86.

LSE:TAVI's Cash-to-Debt is ranked worse than
64.55% of 773 companies
in the Capital Markets industry
Industry Median: 1.98 vs LSE:TAVI: 0.95

Tavistock Investments Cash-to-Debt Historical Data

The historical data trend for Tavistock Investments'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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Tavistock Investments Cash-to-Debt Chart

Tavistock Investments Annual Data

Trend

Dec12

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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1.34

1.04

1.01

12.57

6.63

Tavistock Investments Semi-Annual Data
	Dec13	Jun14	Dec14	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															26.22	12.57	7.27	6.63	0.95

Competitive Comparison of Tavistock Investments's Cash-to-Debt

For the Capital Markets subindustry, Tavistock Investments'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.

Tavistock Investments's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tavistock Investments's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tavistock Investments's Cash-to-Debt falls into.

Tavistock Investments 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.

Tavistock Investments's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	9.733	/	(0.469	+	0.999)
	=	6.63

Tavistock Investments's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	2.596	/	(0	+	2.733)
	=	0.95

Tavistock Investments (LSE:TAVI) 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.

Tavistock Investments Cash-to-Debt Related Terms

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

Tavistock Investments (LSE:TAVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tavistock Investments PLC (LSE:TAVI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lyndhurst Road, 1 Queen's Square, Ascot Business Park, Ascot, Berkshire, GBR, SL5 9FE

Website

https://www.tavistockinvestments.com

Tavistock Investments PLC is a UK-based company that is engaged in the provision of support services to a network of independent financial advisories (IFAs) and the provision of investment management services. The company's operating segments include Investment Management and Advisory Business. It generates maximum revenue from the Advisory Business segment. Revenue generated by the company mainly consists of fees and commissions received by providing services.

Tavistock Investments (LSE:TAVI) Headlines

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