Foresight VCT (LSE:FTV) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Jun. 2023)

View and export this data going back to 1997. Start your Free Trial

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. Foresight VCT's cash to debt ratio for the quarter that ended in Jun. 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, Foresight VCT could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Foresight VCT's Cash-to-Debt or its related term are showing as below:

LSE:FTV' 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 13 years, Foresight VCT's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:FTV's Cash-to-Debt is ranked better than
99.93% of 1478 companies
in the Asset Management industry
Industry Median: 5.095 vs LSE:FTV: No Debt

Foresight VCT Cash-to-Debt Historical Data

The historical data trend for Foresight VCT'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.

Foresight VCT Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

Foresight VCT Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Asset Management subindustry, Foresight VCT'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.

Foresight VCT Cash-to-Debt Distribution

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

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

Foresight VCT 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.

Foresight VCT's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Foresight VCT had no debt ⁽¹⁾.

Foresight VCT's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Foresight VCT had no debt ⁽¹⁾.

Foresight VCT (LSE:FTV) 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.

Foresight VCT Cash-to-Debt Related Terms

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

Foresight VCT (LSE:FTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight VCT PLC (LSE:FTV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 London Bridge Street, The Shard, London, GBR, SE1 9SG

Website

https://www.foresightgroup.eu

Foresight VCT PLC is a UK-based venture capital trust. The company's activity is to make investments in unquoted or alternative investment market listed companies in the UK. The investment objective of the company is to provide private investors with regular dividends and maintained capital value from a portfolio of investments in fast-growing unquoted companies in the United Kingdom. The company invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, fixed-interest securities, and cash.