Skycap Investment Holdings (XCNQ:SKY) Cash-to-Debt : 210.84 (As of Dec. 2024)

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What is Skycap Investment Holdings 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. Skycap Investment Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 210.84.

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, Skycap Investment Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

XCNQ:SKY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.79 Med: 13.01 Max: 210.84
Current: 210.84

During the past 4 years, Skycap Investment Holdings's highest Cash to Debt Ratio was 210.84. The lowest was 0.79. And the median was 13.01.

XCNQ:SKY's Cash-to-Debt is ranked better than
61.88% of 1456 companies
in the Asset Management industry
Industry Median: 5.77 vs XCNQ:SKY: 210.84

Skycap Investment Holdings Cash-to-Debt Historical Data

The historical data trend for Skycap Investment Holdings'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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Skycap Investment Holdings Cash-to-Debt Chart

Skycap Investment Holdings Annual Data

Trend

Dec20

Mar22

Mar23

Mar24

Cash-to-Debt

76.20

17.53

8.78

1.90

Skycap Investment Holdings Quarterly Data
	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial									4.86	2.68	1.90	69.90	210.84

Competitive Comparison of Skycap Investment Holdings's Cash-to-Debt

For the Asset Management subindustry, Skycap Investment Holdings'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.

Skycap Investment Holdings's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Skycap Investment Holdings's Cash-to-Debt falls into.

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Skycap Investment Holdings 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.

Skycap Investment Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	1.648	/	(0.317	+	0.549)
	=	1.90

Skycap Investment Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
	=	14.337	/	(0.068	+	0)
	=	210.84

Skycap Investment Holdings (XCNQ:SKY) 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.

Skycap Investment Holdings Cash-to-Debt Related Terms

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