Clime Capital (ASX:CAM) Cash-to-Debt

: 0.21 (As of Dec. 2023)

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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. Clime Capital's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.21.

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, Clime Capital couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:CAM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.51 Max: No Debt
Current: 0.21

During the past 13 years, Clime Capital's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 0.51.

ASX:CAM's Cash-to-Debt is ranked worse than
76.46% of 1474 companies
in the Asset Management industry
Industry Median: 5.3 vs ASX:CAM: 0.21

Clime Capital Cash-to-Debt Historical Data

The historical data trend for Clime 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.

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Clime Capital Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.22

0.30

0.24

0.23

0.51

Clime Capital 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																0.36	0.23	0.07	0.51	0.21

Competitive Comparison

For the Asset Management subindustry, Clime 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.

Clime Capital Cash-to-Debt Distribution

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

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

Clime Capital Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

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

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	17.692	/	(34.94	+	0)
	=	0.51

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

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	7.372	/	(0	+	34.454)
	=	0.21

Clime Capital (ASX:CAM) 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.

Clime Capital Cash-to-Debt Related Terms

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Clime Capital (ASX:CAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clime Capital Ltd (ASX:CAM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CAMG.PFD:Australia

Address

20 Hunter Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.clime.com.au

Clime Capital Ltd is an Australian fund manager. The principal activity of the company is investing in securities listed on domestic, international securities exchanges and selected unlisted unit trusts. It is organized into one main segment which operates solely in the business of investment management within Australia.

Clime Capital (ASX:CAM) Headlines

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