Anexo Group (STU:9QZ) Cash-to-Debt : 0.04 (As of Jun. 2024)

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What is Anexo 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. Anexo Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.04.

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

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

STU:9QZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.83
Current: 0.04

During the past 9 years, Anexo Group's highest Cash to Debt Ratio was 0.83. The lowest was 0.01. And the median was 0.08.

STU:9QZ's Cash-to-Debt is ranked worse than
92.32% of 1055 companies
in the Business Services industry
Industry Median: 1.02 vs STU:9QZ: 0.04

Anexo Group Cash-to-Debt Historical Data

The historical data trend for Anexo 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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Anexo Group Cash-to-Debt Chart

Anexo Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.06

0.17

0.11

Anexo Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial											0.02	0.11	0.11	0.11	0.04

Competitive Comparison of Anexo Group's Cash-to-Debt

For the Rental & Leasing Services subindustry, Anexo 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.

Anexo Group's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Anexo Group's Cash-to-Debt distribution charts can be found below:

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

Anexo 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.

Anexo Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	9.8	/	(62.004	+	26.66)
	=	0.11

Anexo Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	3.731	/	(76.885	+	7.729)
	=	0.04

Anexo Group (STU:9QZ) 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.

Anexo Group Cash-to-Debt Related Terms

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Anexo Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Anexo Group PLC (STU:9QZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ANX:UK

Address

100 Old Hall Street, 5th Floor, The Plaza, Liverpool, Merseyside, GBR, L3 9QJ

Website

https://www.anexo-group.com

Anexo Group PLC is a specialist integrated credit hire and legal services group focused on providing replacement vehicles and associated legal services to customers who have been involved in a non-fault accident.. The company provides an integrated end to end service to the customer including the provision of a credit hire vehicle, upfront settlement of repair and recovery charges through to the management and recovery of costs and the processing of any associated personal injury claim. The company has two main segments: credit hire vehicles for non-fault accidents and associated legal services, which include support for those provided with vehicles and other legal activities like the large loss department and emissions trading.

Anexo Group Headlines

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