Aneesh Capital (TSXV:EESH.P) Cash-to-Debt : No Debt ⁽¹⁾ (As of Nov. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Aneesh Capital 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. Aneesh Capital's cash to debt ratio for the quarter that ended in Nov. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Aneesh Capital could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

(1) 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.

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

TSXV:EESH.P' s Cash-to-Debt Range Over the Past 10 Years
Min: 24.38 Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, Aneesh Capital's highest Cash to Debt Ratio was No Debt. The lowest was 24.38. And the median was No Debt.

TSXV:EESH.P's Cash-to-Debt is ranked better than
99.81% of 520 companies
in the Diversified Financial Services industry
Industry Median: 4.68 vs TSXV:EESH.P: No Debt

Aneesh Capital Cash-to-Debt Historical Data

The historical data trend for Aneesh Capital'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.

* Premium members only.

Aneesh Capital Cash-to-Debt Chart

Aneesh Capital Annual Data

Trend

Feb21

Feb22

Feb23

Cash-to-Debt

24.38

No Debt

Aneesh Capital Quarterly Data
	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Aneesh Capital's Cash-to-Debt

For the Shell Companies subindustry, Aneesh Capital'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.

Aneesh Capital's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Aneesh Capital 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.

Aneesh Capital's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Aneesh Capital had no debt ⁽¹⁾.

Aneesh Capital's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

Aneesh Capital had no debt ⁽¹⁾.

Aneesh Capital (TSXV:EESH.P) 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.

Aneesh Capital Cash-to-Debt Related Terms

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

Aneesh Capital (TSXV:EESH.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aneesh Capital Corp (TSXV:EESH.P) » Definitions » Cash-to-Debt

Comparable Companies

TSXV:FBR.H TSXV:AIME.P BOM:526683 BISA TSXV:JES.P TSXV:CRAN.P TSXV:XCAP.P TSXV:BRCB.P TSXV:BCC.P TSXV:CAU.H

Traded in Other Exchanges

N/A

Address

1055 West Georgia, Suite 2050, Vancouver, BC, CAN, V6E 3P3

Website

Aneesh Capital Corp is a capital pool company.

Aneesh Capital (TSXV:EESH.P) Headlines

No Headlines

Aneesh Capital (TSXV:EESH.P) Cash-to-Debt : No Debt (1) (As of Nov. 2023)