Seraphim Space Investment Trust (CHIX:SSITL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Seraphim Space Investment Trust 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. Seraphim Space Investment Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Seraphim Space Investment Trust could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

CHIX:SSITl' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, Seraphim Space Investment Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

CHIX:SSITl's Cash-to-Debt is ranked better than
99.93% of 1467 companies
in the Asset Management industry
Industry Median: 5.53 vs CHIX:SSITl: No Debt

Seraphim Space Investment Trust Cash-to-Debt Historical Data

The historical data trend for Seraphim Space Investment Trust'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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Seraphim Space Investment Trust Cash-to-Debt Chart

Seraphim Space Investment Trust Annual Data

Trend

Jun22

Jun23

Cash-to-Debt

No Debt

Seraphim Space Investment Trust Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Seraphim Space Investment Trust's Cash-to-Debt

For the Asset Management subindustry, Seraphim Space Investment Trust'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.

Seraphim Space Investment Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Seraphim Space Investment Trust's Cash-to-Debt falls into.

Seraphim Space Investment Trust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Seraphim Space Investment Trust's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Seraphim Space Investment Trust had no debt ⁽¹⁾.

Seraphim Space Investment Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Seraphim Space Investment Trust had no debt ⁽¹⁾.

Seraphim Space Investment Trust (CHIX:SSITl) 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.

Seraphim Space Investment Trust Cash-to-Debt Related Terms

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

Seraphim Space Investment Trust (CHIX:SSITL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Seraphim Space Investment Trust PLC (CHIX:SSITl) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SSIT:UK

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.seraphim.vc

Seraphim Space Investment Trust PLC is a closed-ended investment company that invests in Space Tech businesses. Its investment objective is to generate capital growth over the long term through investment in the diversified international portfolio of Space Tech businesses that rely on space-based connectivity or precision, navigation and timing signals or whose technology or services are already addressing, originally derived from, or of potential benefit to the space sector.

Seraphim Space Investment Trust (CHIX:SSITL) Headlines

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Seraphim Space Investment Trust (CHIX:SSITL) Cash-to-Debt : No Debt (1) (As of Dec. 2023)