HAL Trust (XAMS:HAL) Cash-to-Debt : 0.99 (As of Dec. 2023)

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What is HAL 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. HAL Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.99.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, HAL Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XAMS:HAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 0.76 Max: 1.39
Current: 0.99

During the past 13 years, HAL Trust's highest Cash to Debt Ratio was 1.39. The lowest was 0.30. And the median was 0.76.

XAMS:HAL's Cash-to-Debt is ranked worse than
60.82% of 1470 companies
in the Asset Management industry
Industry Median: 6 vs XAMS:HAL: 0.99

HAL Trust Cash-to-Debt Historical Data

The historical data trend for HAL 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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HAL Trust Cash-to-Debt Chart

HAL Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.48

0.39

1.39

0.92

0.99

HAL Trust 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															1.39	1.12	0.92	0.87	0.99

Competitive Comparison of HAL Trust's Cash-to-Debt

For the Asset Management subindustry, HAL 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.

HAL Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

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

HAL Trust 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.

HAL Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	4767.3	/	(1660.9	+	3178.2)
	=	0.99

HAL Trust's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	4767.3	/	(1660.9	+	3178.2)
	=	0.99

HAL Trust (XAMS:HAL) 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.

HAL Trust Cash-to-Debt Related Terms

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HAL Trust (XAMS:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » HAL Trust (XAMS:HAL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HALFF:USA 0K9V:UK HA4:Germany

Address

Johan van Walbeeckplein 11A, Willemstad, CUW

Website

https://www.halholding.com

HAL Trust is the sole shareholder of HAL Holding N.V., an investment portfolio company with holdings primarily located in the Netherlands. The company seeks to build value through activist participation in its acquisitions and commits capital without a predetermined investment horizon. It operates through unquoted; quoted minority interests; real estate; and liquid portfolio segments. The unquoted and quoted minority interest segments are the top two contributing segments to the trust's revenue. Over half of the trust's revenue is generated on the European continent.