Otello ASA (CHIX:OTECO) Cash-to-Debt : 173.55 (As of Dec. 2023)

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What is Otello ASA 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. Otello ASA's cash to debt ratio for the quarter that ended in Dec. 2023 was 173.55.

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, Otello ASA 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 Otello ASA's Cash-to-Debt or its related term are showing as below:

CHIX:OTECo' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 49.17 Max: No Debt
Current: 173.55

During the past 13 years, Otello ASA's highest Cash to Debt Ratio was No Debt. The lowest was 0.56. And the median was 49.17.

CHIX:OTECo's Cash-to-Debt is ranked better than
90.38% of 1040 companies
in the Media - Diversified industry
Industry Median: 1.28 vs CHIX:OTECo: 173.55

Otello ASA Cash-to-Debt Historical Data

The historical data trend for Otello ASA'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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Otello ASA Cash-to-Debt Chart

Otello ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.01

1.05

263.03

96.20

173.55

Otello ASA 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															263.03	1,057.76	96.20	175.94	173.55

Competitive Comparison of Otello ASA's Cash-to-Debt

For the Advertising Agencies subindustry, Otello ASA'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.

Otello ASA's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Otello ASA's Cash-to-Debt distribution charts can be found below:

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

Otello ASA 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.

Otello ASA'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)
	=	153.768	/	(0.886	+	0)
	=	173.55

Otello ASA'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)
	=	153.768	/	(0.886	+	0)
	=	173.55

Otello ASA (CHIX:OTECo) 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.

Otello ASA Cash-to-Debt Related Terms

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

Otello ASA (CHIX:OTECO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Otello Corp ASA (CHIX:OTECo) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

OPESF:USA OTEC:Norway OS3:Germany

Address

Gjerdrums vei 19, Oslo, NOR, NO-0484

Website

https://www.otellocorp.com

Otello Corp ASA Norway-based company. The company holds shares in different businesses, including, i) Bemobi, a Mobile Media and Entertainment company that integrates people and mobile content through technology and offers a subscription-based discovery service for mobile apps in Latin America and beyond; and ii) Skyfire which offers cloud-based network solutions for mobile operators.

Otello ASA (CHIX:OTECO) Headlines

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