Function(x) (Function(x)) Cash-to-Debt : 0.01 (As of Dec. 2016)

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What is Function(x) 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. Function(x)'s cash to debt ratio for the quarter that ended in Dec. 2016 was 0.01.

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, Function(x) couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2016.

The historical rank and industry rank for Function(x)'s Cash-to-Debt or its related term are showing as below:

FNCX's Cash-to-Debt is not ranked ^*
in the Interactive Media industry.
Industry Median: 4.57
* Ranked among companies with meaningful Cash-to-Debt only.

Function(x) Cash-to-Debt Historical Data

The historical data trend for Function(x)'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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Function(x) Cash-to-Debt Chart

Function(x) Annual Data

Trend

Dec01

Dec02

Dec09

Dec10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Cash-to-Debt

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1.19

0.04

0.18

0.11

Function(x) Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.14	0.11	0.09	0.01

Competitive Comparison of Function(x)'s Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Function(x)'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.

Function(x)'s Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Function(x)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Function(x)'s Cash-to-Debt falls into.

Function(x) 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.

Function(x)'s Cash to Debt Ratio for the fiscal year that ended in Jun. 2016 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)
	=	3.032	/	(8.996	+	19.716)
	=	0.11

Function(x)'s Cash to Debt Ratio for the quarter that ended in Dec. 2016 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)
	=	0.122	/	(10.794	+	0)
	=	0.01

Function(x) (OTCPK:FNCX) 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.

Function(x) Cash-to-Debt Related Terms

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Function(x) (Function(x)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Function(x) Inc (OTCPK:FNCX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.draftday.com

Function(x) Inc operates several digital media properties including online destination for entertainment news for millennial women covering the latest in television, music, and pop culture. The company operates through three segments namely Wetpaint, Choose digital, and DDGG. Its Wetpaint segment publishes original news stories and information content covering top television shows, music, celebrities, entertainment news and fashion. The Choose digital segment features recent and range of digital content, including music, movies, television shows, e-books, and audiobooks. Its DDGG segment enables users to draft a fantasy sports team within a salary cap, follow the game action and reap rewards.

Executives

Peter Horan	director	C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
John Miller	director	STARVEST MANAGEMENT, 750 LEXINGTON AVENUE, NEW YORK NY 10022
Adage Capital Partners Gp, L.l.c.	10 percent owner	200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116

Function(x) (Function(x)) Headlines

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