FRP Advisory Group (LSE:FRP) Cash-to-Debt : 1.55 (As of Oct. 2023)

View and export this data going back to 2020. Start your Free Trial

What is FRP Advisory Group 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. FRP Advisory Group's cash to debt ratio for the quarter that ended in Oct. 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, FRP Advisory Group could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

LSE:FRP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.57 Med: 1.86 Max: 5.08
Current: 1.55

During the past 7 years, FRP Advisory Group's highest Cash to Debt Ratio was 5.08. The lowest was 0.57. And the median was 1.86.

LSE:FRP's Cash-to-Debt is ranked worse than
54.11% of 791 companies
in the Capital Markets industry
Industry Median: 1.87 vs LSE:FRP: 1.55

FRP Advisory Group Cash-to-Debt Historical Data

The historical data trend for FRP Advisory Group'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.

FRP Advisory Group Cash-to-Debt Chart

FRP Advisory Group Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

Get a 7-Day Free Trial

0.57

5.08

2.10

1.90

2.45

FRP Advisory Group Semi-Annual Data
	Apr17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial								1.45	1.90	2.35	2.45	1.55

Competitive Comparison of FRP Advisory Group's Cash-to-Debt

For the Capital Markets subindustry, FRP Advisory Group'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.

FRP Advisory Group's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FRP Advisory Group's Cash-to-Debt distribution charts can be found below:

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

FRP Advisory Group 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.

FRP Advisory Group's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	27.7	/	(2.8	+	8.5)
	=	2.45

FRP Advisory Group's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	15.7	/	(3.2	+	6.9)
	=	1.55

FRP Advisory Group (LSE:FRP) 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.

FRP Advisory Group Cash-to-Debt Related Terms

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

FRP Advisory Group (LSE:FRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FRP Advisory Group PLC (LSE:FRP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

6S6:Germany

Address

110 Cannon Street, London, GBR, EC4N 6EU

Website

https://www.frpadvisory.com

FRP Advisory Group PLC is a professional services firm offering advisory services to companies, lenders, investors, and other stakeholders, as well as individuals. The company's services include Restructuring advisory; Corporate finance; Debt advisory; Forensic services; and Pension advisory. The group's revenue is derived from the provision of specialist business and advisory services. It advises across multiple sectors and all business sizes, principally servicing smaller and mid-market companies.

FRP Advisory Group (LSE:FRP) Headlines

From GuruFocus

A Case for Fairpoint Communications

By mo77 mo77 • 06-02-2011

Bernard Horn Comments on FairPoint Communications

By Vera Yuan Vera Yuan • 10-30-2014

FairPoint Communications Inc. Reports Operating Results (10-Q)

By gurufocus • 05-06-2009