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Space Kingdom Digital Capital (TSXV:YSK.P) Cash-to-Debt : No Debt (1) (As of Mar. 2024)


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What is Space Kingdom Digital 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. Space Kingdom Digital Capital's cash to debt ratio for the quarter that ended in Mar. 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, Space Kingdom Digital Capital could pay off its debt using the cash in hand for the quarter that ended in Mar. 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 Space Kingdom Digital Capital's Cash-to-Debt or its related term are showing as below:

TSXV:YSK.P' 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 2 years, Space Kingdom Digital Capital's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:YSK.P's Cash-to-Debt is ranked better than
99.81% of 523 companies
in the Diversified Financial Services industry
Industry Median: 4.95 vs TSXV:YSK.P: No Debt

Space Kingdom Digital Capital Cash-to-Debt Historical Data

The historical data trend for Space Kingdom Digital 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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Space Kingdom Digital Capital Cash-to-Debt Chart

Space Kingdom Digital Capital Annual Data
Trend Dec22 Dec23
Cash-to-Debt
No Debt No Debt

Space Kingdom Digital Capital Quarterly Data
Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Space Kingdom Digital Capital's Cash-to-Debt

For the Shell Companies subindustry, Space Kingdom Digital 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.

Space Kingdom Digital Capital's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Space Kingdom Digital Capital's Cash-to-Debt distribution charts can be found below:

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


Space Kingdom Digital 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.

Space Kingdom Digital Capital's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Space Kingdom Digital Capital had no debt (1).

Space Kingdom Digital Capital's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Space Kingdom Digital Capital had no debt (1).

* 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.

Space Kingdom Digital Capital  (TSXV:YSK.P) 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.

Space Kingdom Digital Capital Cash-to-Debt Related Terms

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

Space Kingdom Digital Capital (TSXV:YSK.P) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Space Kingdom Digital Capital Corp (TSXV:YSK.P) » Definitions » Cash-to-Debt
Comparable Companies
TSXV:DAQ.P TSXV:KALM.P TSXV:JJJJ.P TSXV:SHLL.P TSXV:FIVD.P TSXV:DUR.P TSXV:AVR TSXV:MAN.P TSXV:VOC.P TSXV:DRAX.P PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Royal Centre, Suite 1500, PO Box 11117, Vancouver, BC, CAN, V6E 4N7
Website
Space Kingdom Digital Capital Corp is a capital pool company.

Space Kingdom Digital Capital (TSXV:YSK.P) Headlines

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