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Allbanc Split (TSX:ABK.PR.C.PFD) Cash-to-Debt

: No Debt (As of Aug. 2017)
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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. Allbanc Split's cash to debt ratio for the quarter that ended in Aug. 2017 was No Debt.

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, Allbanc Split could pay off its debt using the cash in hand for the quarter that ended in Aug. 2017.

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

TSX:ABK.PR.C.PFD' 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, Allbanc Split's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSX:ABK.PR.C.PFD's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 14.42 vs TSX:ABK.PR.C.PFD: No Debt

Allbanc Split (TSX:ABK.PR.C.PFD) Cash-to-Debt Historical Data

The historical data trend for Allbanc Split'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.

* Premium members only.

Allbanc Split Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Allbanc Split Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Allbanc Split (TSX:ABK.PR.C.PFD) Cash-to-Debt Competitive Comparison

For the Asset Management subindustry, Allbanc Split'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.

   

Allbanc Split (TSX:ABK.PR.C.PFD) Cash-to-Debt Distribution

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

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



Allbanc Split Cash-to-Debt Calculation

This is the ratio of a company's 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.

Allbanc Split's Cash to Debt Ratio for the fiscal year that ended in Feb. 2017 is calculated as:

Allbanc Split had no debt.

Allbanc Split's Cash to Debt Ratio for the quarter that ended in Aug. 2017 is calculated as:

Allbanc Split had no debt.

* 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.


Allbanc Split  (TSX:ABK.PR.C.PFD) 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.


Allbanc Split Cash-to-Debt Related Terms

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


Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

Allbanc Split logo
Traded in Other Exchanges
N/A
Address
Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.

Allbanc Split (TSX:ABK.PR.C.PFD) Headlines

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