IPH (ASX:IPH) Cash-to-Debt : 0.15 (As of Jun. 2024)

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What is IPH 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. IPH's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.15.

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, IPH couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ASX:IPH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.5 Max: No Debt
Current: 0.15

During the past 10 years, IPH's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was 0.50.

ASX:IPH's Cash-to-Debt is ranked worse than
79.85% of 1067 companies
in the Business Services industry
Industry Median: 1.04 vs ASX:IPH: 0.15

IPH Cash-to-Debt Historical Data

The historical data trend for IPH'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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IPH Cash-to-Debt Chart

IPH Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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0.41

0.45

0.55

0.23

0.15

IPH Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.55	0.21	0.23	0.22	0.15

Competitive Comparison of IPH's Cash-to-Debt

For the Specialty Business Services subindustry, IPH'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.

IPH's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, IPH's Cash-to-Debt distribution charts can be found below:

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

IPH 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.

IPH's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	75.5	/	(9.9	+	481.9)
	=	0.15

IPH's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	75.5	/	(9.9	+	481.9)
	=	0.15

IPH (ASX:IPH) 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.

IPH Cash-to-Debt Related Terms

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IPH Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » IPH Ltd (ASX:IPH) » Definitions » Cash-to-Debt

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1IP:Germany

Address

201 Sussex Street, Level 24, Tower 2, Darling Park, Sydney, NSW, AUS, 2000

Website

https://www.iphltd.com.au

IPH provides intellectual property services through its subsidiaries: Spruson and Ferguson, Smart & Biggar, Robic, Pizzeys, Griffith Hack, Applied Marks, and AJ Park. These services include patent filing, prosecution, enforcement, management, design, trademarks, and more. The company's diverse client base consists of multinationals, public sector research organizations, and local businesses across various industries like healthcare, finance, engineering, and technology. Revenue streams mainly consist of professional fees (fixed) and volume-based fees (linked to the quantity of work performed). About 70% of revenue is derived from pre-existing work in the system, while 30% comes from new patent applications.

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