First Growth Funds (First Growth Funds) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is First Growth Funds 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. First Growth Funds'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, First Growth Funds 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 First Growth Funds's Cash-to-Debt or its related term are showing as below:

MTOMF' 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 13 years, First Growth Funds's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

MTOMF's Cash-to-Debt is ranked better than
99.93% of 1470 companies
in the Asset Management industry
Industry Median: 5.845 vs MTOMF: No Debt

First Growth Funds Cash-to-Debt Historical Data

The historical data trend for First Growth Funds'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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First Growth Funds Cash-to-Debt Chart

First Growth Funds Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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No Debt

First Growth Funds Quarterly Data
	Jun18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of First Growth Funds's Cash-to-Debt

For the Asset Management subindustry, First Growth Funds'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.

First Growth Funds's Cash-to-Debt Distribution in the Asset Management Industry

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

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

First Growth Funds 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.

First Growth Funds's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

First Growth Funds had no debt ⁽¹⁾.

First Growth Funds's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

First Growth Funds had no debt ⁽¹⁾.

First Growth Funds (OTCPK:MTOMF) 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.

First Growth Funds Cash-to-Debt Related Terms

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First Growth Funds (First Growth Funds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Growth Funds Ltd (OTCPK:MTOMF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FGFL:Canada

Address

311 Hay Street, Subiaco, WA, AUS, 6008

Website

https://www.firstgrowthfunds.com

First Growth Funds Ltd is an Australian Stock Exchange-listed investment company. The company manages a portfolio of investments covering small and medium companies listed equities, private equity and pre-IPO investments, blockchain, equity investment, and initial coin offerings. It operates in the Australia.