Hampton Financial (TSXV:HFC.PR.A.PFD) Cash-to-Debt

: 0.05 (As of Nov. 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. Hampton Financial's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.05.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Hampton Financial couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

TSXV:HFC.PR.A.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 3.68 Max: No Debt
Current: 0.05

During the past 9 years, Hampton Financial's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 3.68.

TSXV:HFC.PR.A.PFD's Cash-to-Debt is ranked worse than
93.27% of 787 companies
in the Capital Markets industry
Industry Median: 1.75 vs TSXV:HFC.PR.A.PFD: 0.05

Hampton Financial Cash-to-Debt Historical Data

The historical data trend for Hampton Financial'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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Hampton Financial Annual Data

Trend

Jun15

Jun16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

1.89

0.17

0.48

0.72

0.08

Hampton Financial Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt																0.52	0.37	0.29	0.08	0.05

Competitive Comparison

For the Capital Markets subindustry, Hampton Financial'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.

Hampton Financial Cash-to-Debt Distribution

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

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

Hampton Financial 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.

Hampton Financial's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.938	/	(0.144	+	11.949)
	=	0.08

Hampton Financial's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.649	/	(0.148	+	11.966)
	=	0.05

Hampton Financial (TSXV:HFC.PR.A.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.

Hampton Financial Cash-to-Debt Related Terms

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

Hampton Financial (TSXV:HFC.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hampton Financial Corp (TSXV:HFC.PR.A.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HFC:Canada

Address

141 Adelaide Street West, Suite 1800, Toronto, ON, CAN, M5H 3L5

Website

http://www.hamptonsecurities.com

Hampton Financial Corp along with its subsidiaries operates as an investment dealer and provides investment advisory and brokerage services. It also offers wealth management services to retail and institutional clients. In addition, the company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on a recognized securities exchange in Canada. The Company operates in only one business segment, namely investment advisory and brokerage services.

Hampton Financial (TSXV:HFC.PR.A.PFD) Headlines

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