Fair Oaksome (LSE:FAIR) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Fair Oaksome 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. Fair Oaksome'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, Fair Oaksome 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 Fair Oaksome's Cash-to-Debt or its related term are showing as below:

LSE:FAIR' 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 10 years, Fair Oaksome's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:FAIR's Cash-to-Debt is ranked better than
99.93% of 1466 companies
in the Asset Management industry
Industry Median: 5.845 vs LSE:FAIR: No Debt

Fair Oaksome Cash-to-Debt Historical Data

The historical data trend for Fair Oaksome'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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Fair Oaksome Cash-to-Debt Chart

Fair Oaksome Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Fair Oaksome Semi-Annual Data
	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														No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Fair Oaksome's Cash-to-Debt

For the Asset Management subindustry, Fair Oaksome'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.

Fair Oaksome's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Fair Oaksome 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.

Fair Oaksome's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Fair Oaksome had no debt ⁽¹⁾.

Fair Oaksome's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Fair Oaksome had no debt ⁽¹⁾.

Fair Oaksome (LSE:FAIR) 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.

Fair Oaksome Cash-to-Debt Related Terms

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

Fair Oaksome (LSE:FAIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fair Oaks Income Ltd (LSE:FAIR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FA17:UK

Address

1 Royal Plaza, Royal Avenue, St Peter Port, GGY, GY1 2HL

Website

https://www.fairoaksincome.com

Fair Oaks Income Ltd is a closed-ended fund. The investment objective of the company is to generate attractive, risk-adjusted returns, principally through income distributions. The company invests (either directly and/or indirectly through the Master Fund and/ or Master Fund II) in U.S and European Collateralised Loan Obligations (CLOs) or other vehicles and structures which provide exposure to portfolios consisting of the U.S and European floating-rate senior secured loans and which may include non-recourse financing. If the Company holds any uninvested cash, It may also invest temporarily in the Short Term Investments.

Fair Oaksome (LSE:FAIR) Headlines

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Fair Oaksome (LSE:FAIR) Cash-to-Debt : No Debt (1) (As of Dec. 2023)