Tego Cyber (Tego Cyber) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is Tego Cyber 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. Tego Cyber's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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, Tego Cyber 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 Tego Cyber's Cash-to-Debt or its related term are showing as below:

TGCB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 2.53 Max: No Debt
Current: 0.07

During the past 4 years, Tego Cyber's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 2.53.

TGCB's Cash-to-Debt is ranked worse than
93.83% of 2802 companies
in the Software industry
Industry Median: 2.51 vs TGCB: 0.07

Tego Cyber Cash-to-Debt Historical Data

The historical data trend for Tego Cyber'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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Tego Cyber Cash-to-Debt Chart

Tego Cyber Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

No Debt

25.35

No Debt

0.20

Tego Cyber Quarterly Data
	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													0.18	0.20	-	0.04	0.07

Competitive Comparison of Tego Cyber's Cash-to-Debt

For the Software - Infrastructure subindustry, Tego Cyber'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.

Tego Cyber's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Tego Cyber's Cash-to-Debt distribution charts can be found below:

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

Tego Cyber 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.

Tego Cyber's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.181	/	(0	+	0.892)
	=	0.20

Tego Cyber'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)
	=	0.069	/	(1.02	+	0)
	=	0.07

Tego Cyber (OTCPK:TGCB) 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.

Tego Cyber Cash-to-Debt Related Terms

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

Tego Cyber (Tego Cyber) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tego Cyber Inc (OTCPK:TGCB) » Definitions » Cash-to-Debt

Comparable Companies

OLB MARK JNVR SDCH DTSS RVYL BLIN INTZ CLOQ RKFL MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

8565 South Eastern Avenue, Suite 150, Las Vegas, NV, USA, 89123

Website

https://www.tegocyber.com

Tego Cyber Inc is engaged in the development and commercialization of cybersecurity services and solutions that reduce risk, prevent cyber-attacks and protect intellectual property and data. The products of the company are Threat Correlation, SIEM Integration, Threat Intelligence Feed, Databricks Integration and Amazon Security Lake.

Executives

Robert E Mikkelsen	officer: Chief Financial Officer	2033 N OVERFIELD RD, CASA GRANDE AZ 85194
Earl R Johnson	officer: CHIEF FINANCIAL OFFICER	8565 S EASTERN AVENUE, SUITE 150, LAS VEGAS NV 89123
Troy Wilkinson	director, 10 percent owner, officer: President	8565 S. EASTERN AVENUE, SUITE 150, LAS VEGAS NV 89123
Shannon Wilkinson	director, 10 percent owner, officer: CEO, CFO, Secretary, Treasurer	8565 S. EASTERN AVE., SUITE 150, LAS VEGAS NV 89123
Valera Michael De	director	8565 S. EASTERN AVENUE, SUITE 150, LAS VEGAS NV 89123
Christopher Craig White	director	8565 S. EASTERN AVE., SUITE 150, LAS VEGAS NV 89123