Liquid Meta Capital Holdings (NEOE:LIQD) Cash-to-Debt : No Debt ⁽¹⁾ (As of Feb. 2024)

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What is Liquid Meta Capital Holdings 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. Liquid Meta Capital Holdings's cash to debt ratio for the quarter that ended in Feb. 2024 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, Liquid Meta Capital Holdings could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(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 Liquid Meta Capital Holdings's Cash-to-Debt or its related term are showing as below:

NEOE:LIQD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: No Debt Max: No Debt
Current: 579.89

During the past 3 years, Liquid Meta Capital Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was No Debt.

NEOE:LIQD's Cash-to-Debt is not ranked
in the Software industry.
Industry Median: 2.43 vs NEOE:LIQD: 579.89

Liquid Meta Capital Holdings Cash-to-Debt Historical Data

The historical data trend for Liquid Meta Capital Holdings'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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Liquid Meta Capital Holdings Cash-to-Debt Chart

Liquid Meta Capital Holdings Annual Data

Trend

May21

May22

May23

Cash-to-Debt

No Debt

690.44

Liquid Meta Capital Holdings Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial							1,875.46	690.44	No Debt	No Debt	No Debt

Competitive Comparison of Liquid Meta Capital Holdings's Cash-to-Debt

For the Software - Application subindustry, Liquid Meta Capital Holdings'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.

Liquid Meta Capital Holdings's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Liquid Meta Capital Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Liquid Meta Capital Holdings's Cash-to-Debt falls into.

Liquid Meta Capital Holdings 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.

Liquid Meta Capital Holdings's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	6.214	/	(0	+	0.009)
	=	690.44

Liquid Meta Capital Holdings's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Liquid Meta Capital Holdings had no debt ⁽¹⁾.

Liquid Meta Capital Holdings (NEOE:LIQD) 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.

Liquid Meta Capital Holdings Cash-to-Debt Related Terms

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

Liquid Meta Capital Holdings (NEOE:LIQD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Liquid Meta Capital Holdings Ltd (NEOE:LIQD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LIQQF:USA

Address

700 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1

Website

https://www.liquidmeta.io

Liquid Meta Capital Holdings Ltd is a decentralized finance infrastructure and technology company that is powering the next generation of open-access protocols and applications. The company is creating the bridge between traditional and decentralized finance while ushering in a new era of financial infrastructure.

Liquid Meta Capital Holdings (NEOE:LIQD) Headlines

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Liquid Meta Capital Holdings (NEOE:LIQD) Cash-to-Debt : No Debt (1) (As of Feb. 2024)