Ariadne Australia (Ariadne Australia) Cash-to-Debt : 1.55 (As of Dec. 2023)

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

What is Ariadne Australia 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. Ariadne Australia's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.55.

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, Ariadne Australia could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ADNOF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.11 Med: 3.75 Max: 9.94
Current: 1.55

During the past 13 years, Ariadne Australia's highest Cash to Debt Ratio was 9.94. The lowest was 1.11. And the median was 3.75.

ADNOF's Cash-to-Debt is ranked worse than
57.7% of 1468 companies
in the Asset Management industry
Industry Median: 5.66 vs ADNOF: 1.55

Ariadne Australia Cash-to-Debt Historical Data

The historical data trend for Ariadne Australia'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.

Ariadne Australia Cash-to-Debt Chart

Ariadne Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

9.94

7.47

1.28

1.12

1.90

Ariadne Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.24	1.12	1.25	1.90	1.55

Competitive Comparison of Ariadne Australia's Cash-to-Debt

For the Asset Management subindustry, Ariadne Australia'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.

Ariadne Australia's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Ariadne Australia 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.

Ariadne Australia's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	26.985	/	(10.493	+	3.747)
	=	1.90

Ariadne Australia's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	22.032	/	(9.35	+	4.869)
	=	1.55

Ariadne Australia (GREY:ADNOF) 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.

Ariadne Australia Cash-to-Debt Related Terms

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

Ariadne Australia (Ariadne Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ariadne Australia Ltd (GREY:ADNOF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ARA:Australia

Address

2 Chifley Square, Level 27, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.ariadne.com.au

Ariadne Australia Ltd is an investment company with operations in Australia and New Zealand. Its objective is to hold a portfolio of assets and investments to provide attractive investment returns which can generate regular dividends to shareholders and capital growth in the value of the shareholder's investments. It has two reportable segments. The investment division comprises the group's investments in securities. The property division includes all results derived from property and marina assets held by the group, either directly or through joint venture entities or joint venture operations.

Ariadne Australia (Ariadne Australia) Headlines

No Headlines