Symbolic Logic (Symbolic Logic) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Sep. 2022)

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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. Symbolic Logic's cash to debt ratio for the quarter that ended in Sep. 2022 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, Symbolic Logic could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(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 Symbolic Logic's Cash-to-Debt or its related term are showing as below:

EVOL's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.43
* Ranked among companies with meaningful Cash-to-Debt only.

Symbolic Logic Cash-to-Debt Historical Data

The historical data trend for Symbolic Logic'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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Symbolic Logic Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

0.87

1.13

1.06

0.76

No Debt

Symbolic Logic Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt																3.49	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Software - Application subindustry, Symbolic Logic'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.

Symbolic Logic Cash-to-Debt Distribution

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

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

Symbolic Logic 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.

Symbolic Logic's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Symbolic Logic had no debt ⁽¹⁾.

Symbolic Logic's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

Symbolic Logic had no debt ⁽¹⁾.

Symbolic Logic (OTCPK:EVOL) 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.

Symbolic Logic Cash-to-Debt Related Terms

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Symbolic Logic (Symbolic Logic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Symbolic Logic Inc (OTCPK:EVOL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9800 Pyramid Court, Suite 400, Englewood, CO, USA, 80112

Website

https://www.symbl.com

Symbolic Logic Inc is a research and development organization with two significant pre-revenue focus areas that leverage the experience gained from having deployed real-time systems to over a billion real-time users at evolving.

Executives

Ccur Holdings, Inc.	10 percent owner	6470 EAST JOHNS CROSSING, SUITE 490, DULUTH GA 30097
Karen Singer	10 percent owner	212 VACCARO DRIVE, CRESSKILL NJ 07626
Matthew Stecker	director, officer: Chief Executive Officer	711 SOUTH BRYN MAWR AVE., BRYN MAWR PA 19010
Mark Paul Szynkowski	officer: SVP FINANCE	44 LAKEVIEW DRIVE, MONROE NY 10950
Steven G Singer	director	2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Igor Volshteyn	director	6470 EAST JOHNS CROSSING, DULUTH GA 30097
David S Oros	director	9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Piton Capital Partners Llc	10 percent owner	C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, SUITE 2200, OKLAHOMA CITY OK 73134
David J Nicol	director	9777 PYRAMID COURT 100, C/O EVOLVING SYSTEMS INC, ENGLEWOOD CO 80112
Julie Gosal	officer: SVP Finance	9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Richard A. Dinkel	officer: SVP FINANCE	9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Richard Ramlall	director	196 VAN BUREN STREET, HERNDON VA 20170
Julian D. Singer	director	2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Thomas Thekkethala	director, officer: President	9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Daniel J Moorhead	officer: CFO	9777 PYRAMID CT, STE 100, ENGLEWOOD CO 80112