Ryder Capital (ASX:RYD) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Ryder 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. Ryder Capital's cash to debt ratio for the quarter that ended in Dec. 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, Ryder Capital could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Ryder Capital's Cash-to-Debt or its related term are showing as below:

ASX:RYD' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 8 years, Ryder Capital's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:RYD's Cash-to-Debt is ranked better than
99.93% of 1475 companies
in the Asset Management industry
Industry Median: 5.5 vs ASX:RYD: No Debt

Ryder Capital Cash-to-Debt Historical Data

The historical data trend for Ryder 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.

Ryder Capital Cash-to-Debt Chart

Ryder Capital Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Ryder Capital Semi-Annual Data
	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	No Debt	No Debt	No Debt	No Debt

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

For the Asset Management subindustry, Ryder 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.

Ryder Capital's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Ryder 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.

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

Ryder Capital had no debt ⁽¹⁾.

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

Ryder Capital had no debt ⁽¹⁾.

Ryder Capital (ASX:RYD) 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.

Ryder Capital Cash-to-Debt Related Terms

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

Ryder Capital (ASX:RYD) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Phillip Street, Level 28, Sydney, NSW, AUS, 2000

Website

https://www.rydercapital.com.au

Ryder Capital Ltd is engaged in investing in a concentrated portfolio of ASX and NZX listed micro and small capitalisation securities, bonds and cash consistent with the company's permitted investments and stated investment objective of achieving long term growth in capital and income. It earns revenue from dividend income, interest income, and other returns from the investment portfolio.

Ryder Capital (ASX:RYD) Headlines

No Headlines

Ryder Capital (ASX:RYD) Cash-to-Debt : No Debt (1) (As of Dec. 2023)