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Third Point Investors (LSE:TPOU) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Third Point Investors 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. Third Point Investors'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, Third Point Investors 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 Third Point Investors's Cash-to-Debt or its related term are showing as below:

LSE:TPOU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Third Point Investors's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was No Debt.

LSE:TPOU's Cash-to-Debt is ranked better than
99.93% of 1468 companies
in the Asset Management industry
Industry Median: 5.66 vs LSE:TPOU: No Debt

Third Point Investors Cash-to-Debt Historical Data

The historical data trend for Third Point Investors'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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Third Point Investors Cash-to-Debt Chart

Third Point Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt - - No Debt

Third Point Investors 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - No Debt No Debt

Competitive Comparison of Third Point Investors's Cash-to-Debt

For the Asset Management subindustry, Third Point Investors'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.


Third Point Investors's Cash-to-Debt Distribution in the Asset Management Industry

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

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



Third Point Investors 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.

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

Third Point Investors had no debt (1).

Third Point Investors's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Third Point Investors had no debt (1).

* 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.


Third Point Investors  (LSE:TPOU) 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.


Third Point Investors Cash-to-Debt Related Terms

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Third Point Investors (LSE:TPOU) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, P.O. Box 255, Les Banques, Saint Peter Port, GGY, GY1 3QL
Third Point Investors Ltd is a closed-ended investment company. The company focuses on providing consistent long-term capital appreciation through investment of all of its capital in Class E Shares of a master fund 'Third Point Offshore Fund'. Its objective is to provide shareholders with long-term, attractive risk-adjusted returns, using investment skills and expertise.

Third Point Investors (LSE:TPOU) Headlines

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