RISMA Systems A/S (OCSE:RISMA) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is RISMA Systems A/S 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. RISMA Systems A/S's cash to debt ratio for the quarter that ended in Dec. 2023 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, RISMA Systems A/S could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 RISMA Systems A/S's Cash-to-Debt or its related term are showing as below:

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

During the past 5 years, RISMA Systems A/S's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

OCSE:RISMA's Cash-to-Debt is ranked better than
99.86% of 2788 companies
in the Software industry
Industry Median: 2.515 vs OCSE:RISMA: No Debt

RISMA Systems A/S Cash-to-Debt Historical Data

The historical data trend for RISMA Systems A/S'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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RISMA Systems A/S Cash-to-Debt Chart

RISMA Systems A/S Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

RISMA Systems A/S Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of RISMA Systems A/S's Cash-to-Debt

For the Software - Application subindustry, RISMA Systems A/S'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.

RISMA Systems A/S's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, RISMA Systems A/S's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where RISMA Systems A/S's Cash-to-Debt falls into.

RISMA Systems A/S 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.

RISMA Systems A/S's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

RISMA Systems A/S had no debt ⁽¹⁾.

RISMA Systems A/S's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

RISMA Systems A/S had no debt ⁽¹⁾.

RISMA Systems A/S (OCSE:RISMA) 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.

RISMA Systems A/S Cash-to-Debt Related Terms

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

RISMA Systems A/S (OCSE:RISMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RISMA Systems A/S (OCSE:RISMA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

8WX:Germany

Address

Ejby Industrivej 34-38, Glostrup, DNK, 2600

Website

https://www.rismasystems.com

RISMA Systems A/S is a Software-as-a-Service company. It offers an all-in-one software suite for all Governance, Risk, and Compliance (GRC) initiatives, such as GDPR, ISMS, risk management, financial controls, ISO standards - or any other GRC area that needs streamlined system support.

RISMA Systems A/S (OCSE:RISMA) Headlines

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RISMA Systems A/S (OCSE:RISMA) Cash-to-Debt : No Debt (1) (As of Dec. 2023)