Super League Enterprise (FRA:8LG0) Cash-to-Debt : 8.96 (As of Mar. 2024)

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What is Super League Enterprise 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. Super League Enterprise's cash to debt ratio for the quarter that ended in Mar. 2024 was 8.96.

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, Super League Enterprise could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FRA:8LG0' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: No Debt Max: No Debt
Current: 8.95

During the past 8 years, Super League Enterprise's highest Cash to Debt Ratio was No Debt. The lowest was 0.25. And the median was No Debt.

FRA:8LG0's Cash-to-Debt is ranked better than
60.17% of 585 companies
in the Interactive Media industry
Industry Median: 4.63 vs FRA:8LG0: 8.95

Super League Enterprise Cash-to-Debt Historical Data

The historical data trend for Super League Enterprise'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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Super League Enterprise Cash-to-Debt Chart

Super League Enterprise Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

3.66

9.51

Super League Enterprise Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	9.51	8.96

Competitive Comparison of Super League Enterprise's Cash-to-Debt

For the Internet Content & Information subindustry, Super League Enterprise'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.

Super League Enterprise's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Super League Enterprise's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Super League Enterprise's Cash-to-Debt falls into.

Super League Enterprise 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.

Super League Enterprise'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)
	=	6.977	/	(0.734	+	0)
	=	9.51

Super League Enterprise's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	3.046	/	(0.34	+	0)
	=	8.96

Super League Enterprise (FRA:8LG0) 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.

Super League Enterprise Cash-to-Debt Related Terms

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Super League Enterprise (FRA:8LG0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Super League Enterprise Inc (FRA:8LG0) » Definitions » Cash-to-Debt

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SLE:USA

Address

2912 Colorado Avenue, Suite No. 203, Santa Monica, CA, USA, 90404

Website

https://www.superleague.com

Super League Enterprise Inc, formerly Super League Gaming Inc is the rocket ship to the metaverse. It is a leader in creating innovative and immersive entertainment experiences, platform and audience monetization, and dynamic content-feeding channels across the world's top gaming platforms. Fueled by an insatiable desire to stay at the forefront of this ever-evolving meta landscape, Super League pioneers' proprietary digital solutions provide unparalleled access to the highly-coveted global gaming audience. The company also creates vibrant in-game communities through the development of innovative experiences and custom content, delivering powerful opportunities for brands and advertisers to achieve impactful insights and marketing outcomes with audiences of all ages.

Super League Enterprise (FRA:8LG0) Headlines

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