Auctus Investment Group (ASX:AVC) Cash-to-Debt : 1.73 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Auctus Investment 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. Auctus Investment Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.73.

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, Auctus Investment Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:AVC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: 3.93 Max: No Debt
Current: 1.73

During the past 12 years, Auctus Investment Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.50. And the median was 3.93.

ASX:AVC's Cash-to-Debt is ranked worse than
57.08% of 1477 companies
in the Asset Management industry
Industry Median: 5.39 vs ASX:AVC: 1.73

Auctus Investment Group Cash-to-Debt Historical Data

The historical data trend for Auctus Investment 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.

* Premium members only.

Auctus Investment Group Cash-to-Debt Chart

Auctus Investment Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

259.50

29.75

440.55

4.49

3.07

Auctus Investment Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	4.49	3.37	3.07	1.73

Competitive Comparison of Auctus Investment Group's Cash-to-Debt

For the Asset Management subindustry, Auctus Investment 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.

Auctus Investment Group's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Auctus Investment 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.

Auctus Investment Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	6.132	/	(0.421	+	1.579)
	=	3.07

Auctus Investment Group's Cash to Debt Ratio for the quarter 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)
	=	5.078	/	(1.578	+	1.351)
	=	1.73

Auctus Investment Group (ASX:AVC) 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.

Auctus Investment Group Cash-to-Debt Related Terms

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

Auctus Investment Group (ASX:AVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Auctus Investment Group Ltd (ASX:AVC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Collins Street, Level 23, Melbourne, VIC, AUS, 3000

Website

https://www.auctusinvest.com

Auctus Investment Group Ltd invests in companies and platforms operating in growth sectors with strong tailwinds potential to scale. The company provides access to these private market investments for wholesale, family office, and institutional investors. Private market investments may include asset classes such as Private Equity (PE) & Venture Capital (VC), real estate, debt funds, and infrastructure.

Auctus Investment Group (ASX:AVC) Headlines

No Headlines