Towerstream (Towerstream) Cash-to-Debt

: 0.11 (As of Dec. 2018)

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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. Towerstream's cash to debt ratio for the quarter that ended in Dec. 2018 was 0.11.

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, Towerstream couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.

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

TWER'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.

Towerstream Cash-to-Debt Historical Data

The historical data trend for Towerstream'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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Towerstream Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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1.11

0.43

0.38

0.22

0.11

Towerstream Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Cash-to-Debt	Get a 7-Day Free Trial															0.22	0.15	0.13	0.10	0.11

Competitive Comparison

For the Telecom Services subindustry, Towerstream'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.

Towerstream Cash-to-Debt Distribution

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

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

Towerstream 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.

Towerstream's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	4.173	/	(39.041	+	0.296)
	=	0.11

Towerstream's Cash to Debt Ratio for the quarter that ended in Dec. 2018 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)
	=	4.173	/	(39.041	+	0.296)
	=	0.11

Towerstream (OTCPK:TWER) 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.

Towerstream Cash-to-Debt Related Terms

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Towerstream (Towerstream) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Towerstream Corp (OTCPK:TWER) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Hammarlund Way, Middletown, RI, USA, 02842

Website

http://www.towerstream.com

Towerstream Corp is a US-based company providing fixed wireless services. The company operates through the Fixed Wireless Services business segment. Its fixed wireless service provides bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. The company installs receivers and antennas on rooftops to establish a wireless connection between the customer Location to one or more of its points of presence.

Executives

William John Bush	director	539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Paul Koehler	director	C/O TOWERSTREAM CORPORATION, 55 HAMMARLUND WAY, MIDDLETOWN RI 02842
Don Macneil	director	311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Ernest Ortega	officer: Chief Executive Officer	18934 CANOE LANDING COURT, LEESBURG VA 20176
Jeffrey M Thompson	director, officer: President and CEO	5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph P Hernon	officer: Chief Financial Officer	1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Kilguss George E Iii	officer: Chief Financial Officer	C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190