The Cash to Assets including Pension Deficit ratio assesses a company’s cash and short term investments as a portion of its total assets, after its Pension Deficit (or Surplus) is accounted for. It is calculated by taking the sum of the company’s cash and short term investments and dividing this by its total assets after its Pension Deficit has been deducted. This is measured on an interim basis.
The Cash to Assets including Pension Deficit ratio is useful to analyse what portion of a company’s total assets are highly liquid. The Pension Deficit is accounted for to create a more accurate representation of a company’s total assets. A high ratio is ideal, as it means that the company has a high proportion of liquid cash to total assets, which could be used for acquisitions, capital return programmes, or position it well in the event of a downturn.
The formula is: Cash and Short-term Investments / Total Assets - Pension Deficit.
| Ticker | Name | Cash to Assets including Pension | StockRank™ |
|---|---|---|---|
| LON:BRGE | Blackrock Greater Europe Investment Trust | 0.0% | 0 |
| LON:IPU | Invesco Perpetual UK Smaller Companies Investment Trust | 0.0% | 0 |
| LON:GLE | MJ GLEESON | 0.0% | 71 |
| LON:UTL | UIL | 0.0% | 46 |
| LON:AIGA | Wisdomtree Commodity Securities | 0.0% | 0 |