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Wilmington Capital Management (TSX:WCM.B) Cash-to-Debt : 118.84 (As of Jun. 2023)


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What is Wilmington Capital Management 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. Wilmington Capital Management's cash to debt ratio for the quarter that ended in Jun. 2023 was 118.84.

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, Wilmington Capital Management could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

TSX:WCM.B' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49   Med: 225.03   Max: No Debt
Current: 224.91

During the past 13 years, Wilmington Capital Management's highest Cash to Debt Ratio was No Debt. The lowest was 0.49. And the median was 225.03.

TSX:WCM.B's Cash-to-Debt is ranked better than
62.22% of 1477 companies
in the Asset Management industry
Industry Median: 5.39 vs TSX:WCM.B: 224.91

Wilmington Capital Management Cash-to-Debt Historical Data

The historical data trend for Wilmington Capital Management'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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Wilmington Capital Management Cash-to-Debt Chart

Wilmington Capital Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.42 319.24 225.15 168.88 224.91

Wilmington Capital Management Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial 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 176.78 168.88 148.66 118.84 224.91

Competitive Comparison of Wilmington Capital Management's Cash-to-Debt

For the Asset Management subindustry, Wilmington Capital Management'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.


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

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

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



Wilmington Capital Management Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities 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.

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

Wilmington Capital Management's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

* 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.


Wilmington Capital Management  (TSX:WCM.B) 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.


Wilmington Capital Management Cash-to-Debt Related Terms

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Wilmington Capital Management (TSX:WCM.B) Business Description

Traded in Other Exchanges
Address
3282 Ogdens Beach Road, Midland, ON, CAN, L4R 4K3
Wilmington Capital Management Inc is a Canada based investment and asset management company. Its principal objective is to seek out investment opportunities in the alternative asset classes and in the energy sector through private equity funds, which provide shareholders with capital appreciation over the longer term as opposed to current income returns. The corporation invests its own capital alongside partners and co-investors, in hard assets and private equity funds and manages these assets through operating entities.

Wilmington Capital Management (TSX:WCM.B) Headlines

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