Axios Mobile Assets (Axios Mobile Assets) Cash-to-Debt : 0.05 (As of Sep. 2016)

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What is Axios Mobile Assets 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. Axios Mobile Assets's cash to debt ratio for the quarter that ended in Sep. 2016 was 0.05.

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, Axios Mobile Assets couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2016.

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

AXBSF's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.32
* Ranked among companies with meaningful Cash-to-Debt only.

Axios Mobile Assets Cash-to-Debt Historical Data

The historical data trend for Axios Mobile Assets'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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Axios Mobile Assets Cash-to-Debt Chart

Axios Mobile Assets Annual Data

Trend

Sep08

Sep09

Sep10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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No Debt

0.15

0.42

1.88

Axios Mobile Assets Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Cash-to-Debt	Get a 7-Day Free Trial															0.17	1.88	0.76	0.08	0.05

Competitive Comparison of Axios Mobile Assets's Cash-to-Debt

For the Communication Equipment subindustry, Axios Mobile Assets'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.

Axios Mobile Assets's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Axios Mobile Assets's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Axios Mobile Assets's Cash-to-Debt falls into.

Axios Mobile Assets 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.

Axios Mobile Assets's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
	=	8.04	/	(2.086	+	2.188)
	=	1.88

Axios Mobile Assets's Cash to Debt Ratio for the quarter that ended in Sep. 2016 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)
	=	0.446	/	(2.979	+	5.468)
	=	0.05

Axios Mobile Assets (OTCPK:AXBSF) 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.

Axios Mobile Assets Cash-to-Debt Related Terms

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Axios Mobile Assets (Axios Mobile Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axios Mobile Assets Corp (OTCPK:AXBSF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8

Website

http://www.axiosma.com

Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

Axios Mobile Assets (Axios Mobile Assets) Headlines

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