Fineqia International (Fineqia International) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is Fineqia International 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. Fineqia International's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, Fineqia International couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FNQQF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 5000.09 Max: No Debt
Current: 0.01

During the past 13 years, Fineqia International's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 5000.09.

FNQQF's Cash-to-Debt is ranked worse than
95.22% of 481 companies
in the Diversified Financial Services industry
Industry Median: 2.56 vs FNQQF: 0.01

Fineqia International Cash-to-Debt Historical Data

The historical data trend for Fineqia International'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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Fineqia International Cash-to-Debt Chart

Fineqia International Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Dec23

Cash-to-Debt

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No Debt

0.09

0.18

0.08

0.01

Fineqia International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.05	0.02	0.01	0.01

Competitive Comparison of Fineqia International's Cash-to-Debt

For the Financial Conglomerates subindustry, Fineqia International'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.

Fineqia International's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fineqia International's Cash-to-Debt distribution charts can be found below:

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

Fineqia International 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.

Fineqia International'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)
	=	0.011	/	(0.979	+	0.54)
	=	0.01

Fineqia International'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)
	=	0.011	/	(0.979	+	0.54)
	=	0.01

Fineqia International (OTCPK:FNQQF) 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.

Fineqia International Cash-to-Debt Related Terms

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Fineqia International (Fineqia International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fineqia International Inc (OTCPK:FNQQF) » Definitions » Cash-to-Debt

Traded in Other Exchanges

FNQA:Germany FNQ:Canada

Address

57 Berkeley Square, Lansdowne House 1st floor, London, GBR, W1J6ER

Website

https://www.fineqia.com

Fineqia International Inc is a digital asset business that invests in early and growth-stage technology companies at the forefront of the next generation of the internet. The Company operates in the UK, Malta, Liechtenstein, and Canada.