Boingo Wireless (Boingo Wireless) Cash-to-Debt : 0.17 (As of Mar. 2021)

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What is Boingo Wireless 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. Boingo Wireless's cash to debt ratio for the quarter that ended in Mar. 2021 was 0.17.

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, Boingo Wireless couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2021.

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

WIFI's Cash-to-Debt is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 0.36
* Ranked among companies with meaningful Cash-to-Debt only.

Boingo Wireless Cash-to-Debt Historical Data

The historical data trend for Boingo Wireless'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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Boingo Wireless Cash-to-Debt Chart

Boingo Wireless Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.76

1.99

0.92

0.43

0.21

Boingo Wireless Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash-to-Debt	Get a 7-Day Free Trial															0.61	0.60	0.29	0.21	0.17

Competitive Comparison of Boingo Wireless's Cash-to-Debt

For the Telecom Services subindustry, Boingo Wireless'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.

Boingo Wireless's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Boingo Wireless's Cash-to-Debt distribution charts can be found below:

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

Boingo Wireless 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.

Boingo Wireless's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	40.676	/	(4.078	+	186.182)
	=	0.21

Boingo Wireless's Cash to Debt Ratio for the quarter that ended in Mar. 2021 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)
	=	36.272	/	(3.583	+	212.835)
	=	0.17

Boingo Wireless (NAS:WIFI) 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.

Boingo Wireless Cash-to-Debt Related Terms

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Boingo Wireless (Boingo Wireless) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Boingo Wireless Inc (NAS:WIFI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10960 Wilshire Boulevard, 23rd Floor, Los Angeles, CA, USA, 90024

Website

https://www.boingo.com

Boingo Wireless Inc is a provider of wireless connectivity solutions for smartphones, tablets, laptops, wearables and other wireless-enabled consumer devices. It acquires long-term wireless rights at large venues like airports, transportation hubs, stadiums, arenas, military bases, universities, convention centers, and office campuses; build high-quality wireless networks such as distributed antenna systems ("DAS"), Wi-Fi, and small cells at those venues; and monetize the wireless networks through several products and services. Boingo generates most of its revenue from distributed antenna systems ("DAS").

Executives

Derek Peterson	officer: Chief Technology Officer	C/O BOINGO WIRELESS, INC. 10960 WILSHIRE BLVD. SUITE 800 LOS ANGELES CA 90024
Doug Lodder	officer: SVP, Business Development	10960 WILSHIRE BLVD. 23RD FLOOR LOS ANGELES CA 90024
Dawn Callahan	officer: Chief Marketing Officer	C/O BOINGO WIRELESS, INC. 10960 WILSHIRE BLVD.SUITE 800 LOS ANGELES CA 90024
Peter Hovenier	officer: Chief Financial Officer	10960 WILSHIRE BLVD SUITE 800 LOS ANGELES CA 90024
Roy H Chestnutt	director	1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Chuck Davis	director	C/O BOINGO WIRELESS, INC. 10960 WILSHIRE BLVD. SUITE 800 LOS ANGELES CA 90024
David Hagan	director	10960 WILSHIRE BLVD SUITE 800 LOS ANGELES CA 90024
Michele Vion Choka	director	4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Kathy Misunas	director
Maury Austin	director	955 EAST ARQUES AVENUE, SUNNYVALE CA 94085-4521
Lance Rosenzweig	director	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Michael Finley	director, officer: Chief Executive Officer	4401 WILSHIRE BLVD., SUITE 200 LOS ANGELES CA 90010
Terrell B Jones	director
Tom Tracey	officer: Senior VP of Operations	C/O BOINGO WIRELESS, INC. 10960 WILSHIRE BLVD. SUITE 800 LOS ANGELES CA 90024
Charles Boesenberg	director	4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568