Tribeca Global Natural Resources (ASX:TGF) Cash-to-Debt

: No Debt ⁽¹⁾ (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. Tribeca Global Natural Resources'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, Tribeca Global Natural Resources 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 Tribeca Global Natural Resources's Cash-to-Debt or its related term are showing as below:

ASX:TGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: No Debt Max: No Debt
Current: No Debt

During the past 6 years, Tribeca Global Natural Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.23. And the median was No Debt.

ASX:TGF's Cash-to-Debt is ranked better than
99.93% of 1474 companies
in the Asset Management industry
Industry Median: 5.3 vs ASX:TGF: No Debt

Tribeca Global Natural Resources Cash-to-Debt Historical Data

The historical data trend for Tribeca Global Natural Resources'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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Tribeca Global Natural Resources Annual Data

Trend

Aug18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

3.45

0.23

0.58

No Debt

Tribeca Global Natural Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt							No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Asset Management subindustry, Tribeca Global Natural Resources'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.

Tribeca Global Natural Resources Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, Tribeca Global Natural Resources's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tribeca Global Natural Resources's Cash-to-Debt falls into.

Tribeca Global Natural Resources 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.

Tribeca Global Natural Resources's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Tribeca Global Natural Resources had no debt ⁽¹⁾.

Tribeca Global Natural Resources's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Tribeca Global Natural Resources had no debt ⁽¹⁾.

Tribeca Global Natural Resources (ASX:TGF) 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.

Tribeca Global Natural Resources Cash-to-Debt Related Terms

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Tribeca Global Natural Resources (ASX:TGF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tribeca Global Natural Resources Ltd (ASX:TGF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 O’Connell Street, Level 23, Sydney, NSW, AUS, 2000

Website

https://www.tribecaip.com

Tribeca Global Natural Resources Ltd is an Australia-based company. It provides investors with access to an actively managed and concentrated portfolio of Natural Resources Securities, Credit Positions, and Commodity Positions. The company's only operating segment is an investment in securities. Geographically, it has a presence in Australia; Canada; China; Papua New Guinea; the United Kingdom, and the United States.

Tribeca Global Natural Resources (ASX:TGF) Headlines

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