Hansard Global (Hansard Global) Cash-to-Debt : 46.54 (As of Dec. 2023)

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What is Hansard Global 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. Hansard Global's cash to debt ratio for the quarter that ended in Dec. 2023 was 46.54.

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, Hansard Global could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HNRDF' s Cash-to-Debt Range Over the Past 10 Years
Min: 46.54 Med: No Debt Max: No Debt
Current: 46.54

During the past 13 years, Hansard Global's highest Cash to Debt Ratio was No Debt. The lowest was 46.54. And the median was No Debt.

HNRDF's Cash-to-Debt is ranked better than
77.59% of 482 companies
in the Insurance industry
Industry Median: 1.87 vs HNRDF: 46.54

Hansard Global Cash-to-Debt Historical Data

The historical data trend for Hansard Global'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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Hansard Global Cash-to-Debt Chart

Hansard Global Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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No Debt

55.40

52.18

68.97

49.10

Hansard Global 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															63.51	68.97	80.55	49.10	46.54

Competitive Comparison of Hansard Global's Cash-to-Debt

For the Insurance - Life subindustry, Hansard Global'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.

Hansard Global's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hansard Global's Cash-to-Debt distribution charts can be found below:

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

Hansard Global 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.

Hansard Global's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	179.798	/	(0.253	+	3.409)
	=	49.10

Hansard Global'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)
	=	164.937	/	(0.253	+	3.291)
	=	46.54

Hansard Global (OTCPK:HNRDF) 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.

Hansard Global Cash-to-Debt Related Terms

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

Hansard Global (Hansard Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hansard Global PLC (OTCPK:HNRDF) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

HSDl:UK HSD:UK

Address

55 Athol Street, Box 192, Douglas, IMN, IM99 1QL

Website

https://www.hansard.com

Hansard Global PLC is a holding company. Its activities include the transaction of life assurance business and related activities. Its only operating segment being the distribution and servicing of long-term investment products. Geographically, it derives a majority of revenue from the Isle of Man and also has a presence in the Republic of Ireland and the Bahamas. It focuses on helping financial advisors and institutions to provide their clients with saving and investment products in secure life assurance wrappers to meet long-term savings and investment objectives.

Hansard Global (Hansard Global) Headlines

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