Fantex (Fantex) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2016)

View and export this data going back to 2014. Start your Free Trial

What is Fantex 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. Fantex's cash to debt ratio for the quarter that ended in Sep. 2016 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, Fantex could pay off its debt using the cash in hand for the quarter that ended in Sep. 2016.

(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 Fantex's Cash-to-Debt or its related term are showing as below:

VNDSL's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 4.68
* Ranked among companies with meaningful Cash-to-Debt only.

Fantex Cash-to-Debt Historical Data

The historical data trend for Fantex'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.

Fantex Cash-to-Debt Chart

Fantex Annual Data

Trend

Dec13

Dec14

Dec15

Cash-to-Debt

No Debt

Fantex Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Cash-to-Debt	Get a 7-Day Free Trial										No Debt	No Debt	0.53	0.17	No Debt

Competitive Comparison of Fantex's Cash-to-Debt

For the Shell Companies subindustry, Fantex'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.

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

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

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

Fantex 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.

Fantex's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Fantex had no debt ⁽¹⁾.

Fantex's Cash to Debt Ratio for the quarter that ended in Sep. 2016 is calculated as:

Fantex had no debt ⁽¹⁾.

Fantex (GREY:VNDSL) 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.

Fantex Cash-to-Debt Related Terms

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

Fantex (Fantex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fantex Inc (GREY:VNDSL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

330 Townsend Street, Suite 234, San Francisco, CA, USA, 94107

Website

http://www.fantexinc.com

Fantex Inc is a marketing services provider in the United States. Its range of operations covers brand acquisition, marketing and brand development in the interest of professional athletes, entertainers, and other high-profile individuals. Fantex's strategy revolves around 3 pillars; Evaluation, Acquisition, and Enhancement. Evaluation is the analysis done before the company enters a brand agreement. Acquisition relates to the initial steps of acquiring a brand such as negotiation of brand price etc and Enhancing Brand Value is where the company builds a portfolio of brands and enhances them with the help of technology and data applications.

Fantex (Fantex) Headlines

No Headlines

Fantex (Fantex) Cash-to-Debt : No Debt (1) (As of Sep. 2016)