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Eyelogic Systems (Eyelogic Systems) Cash-to-Debt : No Debt (1) (As of Dec. 2015)


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What is Eyelogic Systems 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. Eyelogic Systems's cash to debt ratio for the quarter that ended in Dec. 2015 was No Debt (1).

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, Eyelogic Systems could pay off its debt using the cash in hand for the quarter that ended in Dec. 2015.

(1) 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.

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

EGICF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.36   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Eyelogic Systems's highest Cash to Debt Ratio was No Debt. The lowest was 0.36. And the median was No Debt.

EGICF's Cash-to-Debt is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 1.98 vs EGICF: No Debt

Eyelogic Systems Cash-to-Debt Historical Data

The historical data trend for Eyelogic Systems'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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Eyelogic Systems Cash-to-Debt Chart

Eyelogic Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Eyelogic Systems Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Eyelogic Systems's Cash-to-Debt

For the Medical Instruments & Supplies subindustry, Eyelogic Systems'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.


Eyelogic Systems's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eyelogic Systems's Cash-to-Debt distribution charts can be found below:

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



Eyelogic Systems 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.

Eyelogic Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Eyelogic Systems had no debt (1).

Eyelogic Systems's Cash to Debt Ratio for the quarter that ended in Dec. 2015 is calculated as:

Eyelogic Systems had no debt (1).

* 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.


Eyelogic Systems  (OTCPK:EGICF) 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.


Eyelogic Systems Cash-to-Debt Related Terms

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


Eyelogic Systems (Eyelogic Systems) Business Description

Traded in Other Exchanges
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Address
Eyelogic Systems Inc has proprietary and patent rights to a software package that allows technicians to perform eyesight testing. The Company also sells and rents computers and ophthalmic equipment that uses the software package.

Eyelogic Systems (Eyelogic Systems) Headlines

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