TSCHY (Trustco Group Holdings) Cash-to-Debt : 0.02 (As of Feb. 2024)

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What is Trustco Group Holdings 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. Trustco Group Holdings's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.02.

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

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

TSCHY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.18
Current: 0.02

During the past 13 years, Trustco Group Holdings's highest Cash to Debt Ratio was 0.18. The lowest was 0.01. And the median was 0.04.

TSCHY's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.705 vs TSCHY: 0.02

Trustco Group Holdings Cash-to-Debt Historical Data

The historical data trend for Trustco Group Holdings'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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Trustco Group Holdings Cash-to-Debt Chart

Trustco Group Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Aug22

Aug23

Cash-to-Debt

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0.05

0.13

0.08

0.01

Trustco Group Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.01	0.01	0.01	0.02

Competitive Comparison of Trustco Group Holdings's Cash-to-Debt

For the Asset Management subindustry, Trustco Group Holdings'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.

Trustco Group Holdings's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Trustco Group Holdings's Cash-to-Debt distribution charts can be found below:

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

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Trustco Group Holdings 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.

Trustco Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	0.584	/	(35.735	+	11.628)
	=	0.01

Trustco Group Holdings's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	0.903	/	(0	+	40.991)
	=	0.02

Trustco Group Holdings (OTCPK:TSCHY) 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.

Trustco Group Holdings Cash-to-Debt Related Terms

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Trustco Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Trustco Group Holdings Ltd (OTCPK:TSCHY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TTO:South Africa

Address

2 Keller Street, Eros, P.O. Box 11363, Windhoek, NAM

Website

https://www.tgh.na

Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.

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