Solium Capital (TSX:SUM) Cash-to-Debt : 8.52 (As of Dec. 2018)

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What is Solium Capital 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. Solium Capital's cash to debt ratio for the quarter that ended in Dec. 2018 was 8.52.

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, Solium Capital could pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.

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

TSX:SUM's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.53
* Ranked among companies with meaningful Cash-to-Debt only.

Solium Capital Cash-to-Debt Historical Data

The historical data trend for Solium Capital'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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Solium Capital Cash-to-Debt Chart

Solium Capital Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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No Debt

8.52

Solium Capital Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	59.69	8.08	8.52

Competitive Comparison of Solium Capital's Cash-to-Debt

For the Software - Infrastructure subindustry, Solium Capital'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.

Solium Capital's Cash-to-Debt Distribution in the Software Industry

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

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

Solium Capital 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.

Solium Capital's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	130.298	/	(2.005	+	13.294)
	=	8.52

Solium Capital's Cash to Debt Ratio for the quarter that ended in Dec. 2018 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)
	=	130.298	/	(2.005	+	13.294)
	=	8.52

Solium Capital (TSX:SUM) 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.

Solium Capital Cash-to-Debt Related Terms

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Solium Capital (TSX:SUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Solium Capital Inc (TSX:SUM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 3rd Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 0G5

Website

http://www.solium.com

Solium Capital Inc is a provider of technology and services supporting the administration of equity-based incentive plans. The company provides web-based and cloud-enabled services for administration, financial reporting and regulatory compliance related to equity plans. It has a proprietary software product that allows changing its product and service offerings to the requirements of public and private companies. It generates revenue from recurring license and subscription fees, and from transaction-based fees.