Cyberloq Technologies (Cyberloq Technologies) Cash-to-Debt : 0.39 (As of Dec. 2023)

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What is Cyberloq Technologies 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. Cyberloq Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.39.

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, Cyberloq Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

CLOQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.19 Max: 0.58
Current: 0.39

During the past 13 years, Cyberloq Technologies's highest Cash to Debt Ratio was 0.58. The lowest was 0.02. And the median was 0.19.

CLOQ's Cash-to-Debt is ranked worse than
78.41% of 2793 companies
in the Software industry
Industry Median: 2.41 vs CLOQ: 0.39

Cyberloq Technologies Cash-to-Debt Historical Data

The historical data trend for Cyberloq Technologies'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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Cyberloq Technologies Cash-to-Debt Chart

Cyberloq Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.12

0.24

0.02

0.39

Cyberloq Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.07	0.06	0.08	0.39

Competitive Comparison of Cyberloq Technologies's Cash-to-Debt

For the Software - Infrastructure subindustry, Cyberloq Technologies'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.

Cyberloq Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

Cyberloq Technologies 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.

Cyberloq Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.307	/	(0.762	+	0.03)
	=	0.39

Cyberloq Technologies's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	0.307	/	(0.762	+	0.03)
	=	0.39

Cyberloq Technologies (OTCPK:CLOQ) 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.

Cyberloq Technologies Cash-to-Debt Related Terms

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

Cyberloq Technologies (Cyberloq Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cyberloq Technologies Inc (OTCPK:CLOQ) » Definitions » Cash-to-Debt

Comparable Companies

SDCH VHC JG RVYL TGCB VRAR OLB MARK JNVR KCRD MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK

Traded in Other Exchanges

N/A

Address

4837 Swift Road, Suite 210-1, Sarasota, FL, USA, 34231

Website

https://www.cyberloq.com

Cyberloq Technologies Incis a development-stage technology company engaged in fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ which is a banking fraud prevention technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts. The Company also offers a web-based proprietary software platform under the brand name TurnScor which allows customers to monitor and manage their credit from the privacy of their own homes. The Company derives its revenue from development, customization and user fees for the CyberloQ banking fraud technology products, including CyberloQ Vault, and from licensing fees for the TurnScor product.

Executives

Edwin Leon Hurst	director	218 CINDALYN DR., NEW HOLLAND PA 17557
Rex S Schuette	director	101 JULIUS CHAMBERS DRIVE, BLAIRSVILLE GA 30512
Mark Carten	director, officer: Chief Technical Officer	187 QUAKER LANE, NORTH SCITUATE RI 02857
Peter J Vazquez	other: Counsel for ACRT	18 HOOK MOUNTAIN ROAD, SUITE 201, PINE BROOK NJ 07058
Enrico Giordano	director, officer: Secretary & Treasurer	740 S. FEDERAL HIGHWAY, UNIT 606, POMPANO BEACH FL 33062
Christopher S. Jackson	officer: CEO	1915 PLAZA DR., SUITE #202, EAGAN MN 55122