KWESST Micro Systems (KWESST Micro Systems) Cash-to-Debt : 0.72 (As of Mar. 2024)

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What is KWESST Micro 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. KWESST Micro Systems's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.72.

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, KWESST Micro Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

KWESW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 3.86 Max: 26.16
Current: 0.72

During the past 3 years, KWESST Micro Systems's highest Cash to Debt Ratio was 26.16. The lowest was 0.07. And the median was 3.86.

KWESW's Cash-to-Debt is ranked worse than
50.16% of 307 companies
in the Aerospace & Defense industry
Industry Median: 0.72 vs KWESW: 0.72

KWESST Micro Systems Cash-to-Debt Historical Data

The historical data trend for KWESST Micro 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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KWESST Micro Systems Cash-to-Debt Chart

KWESST Micro Systems Annual Data

Trend

Sep21

Sep22

Sep23

Cash-to-Debt

7.44

0.07

12.61

KWESST Micro Systems Semi-Annual Data
	Aug19	Mar20	Jun20	Aug20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial														16.45	5.64	12.61	6.13	0.72

Competitive Comparison of KWESST Micro Systems's Cash-to-Debt

For the Aerospace & Defense subindustry, KWESST Micro 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.

KWESST Micro Systems's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, KWESST Micro Systems's Cash-to-Debt distribution charts can be found below:

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

KWESST Micro 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.

KWESST Micro Systems's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	3.996	/	(0.094	+	0.223)
	=	12.61

KWESST Micro Systems'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)
	=	0.195	/	(0.103	+	0.168)
	=	0.72

KWESST Micro Systems (NAS:KWESW) 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.

KWESST Micro Systems Cash-to-Debt Related Terms

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KWESST Micro Systems (KWESST Micro Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » KWESST Micro Systems Inc (NAS:KWESW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KWE:USA KWE:Canada

Address

155 Terence Matthews Crescent, Unit No. 1, Ottawa, ON, CAN, K2M 2A8

Website

https://www.kwesst.com

KWESST Micro Systems Inc develops and commercializes next-generation tactical systems. The company offers breakthrough technology in lethal and non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers and electronic detection.