ASNS (Actelis Networks) Cash-to-Debt : 1.41 (As of Sep. 2024)

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What is Actelis Networks 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. Actelis Networks's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.41.

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, Actelis Networks could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

ASNS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.3 Max: 2.05
Current: 1.41

During the past 4 years, Actelis Networks's highest Cash to Debt Ratio was 2.05. The lowest was 0.04. And the median was 0.30.

ASNS's Cash-to-Debt is ranked better than
51.69% of 2459 companies
in the Hardware industry
Industry Median: 1.29 vs ASNS: 1.41

Actelis Networks Cash-to-Debt Historical Data

The historical data trend for Actelis Networks'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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Actelis Networks Cash-to-Debt Chart

Actelis Networks Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.09

0.06

0.95

0.15

Actelis Networks Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial											0.20	0.15	0.29	1.02	1.41

Competitive Comparison of Actelis Networks's Cash-to-Debt

For the Communication Equipment subindustry, Actelis Networks'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.

Actelis Networks's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Actelis Networks's Cash-to-Debt distribution charts can be found below:

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

Actelis Networks 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.

Actelis Networks'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)
	=	0.817	/	(1.833	+	3.559)
	=	0.15

Actelis Networks's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	2.241	/	(1.377	+	0.212)
	=	1.41

Actelis Networks (NAS:ASNS) 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.

Actelis Networks Cash-to-Debt Related Terms

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Actelis Networks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Actelis Networks Inc (NAS:ASNS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4039 Clipper Court, Fremont, CA, USA, 94538

Website

https://www.actelis.com

Actelis Networks Inc is a networking solutions company with a mission to enable communication for Internet of Things, or IoT, projects, deployed over wide areas such as cities, campuses, airports, military bases, roads, and rail. Its networking solutions use a combination of newly deployed fiber infrastructure and existing copper and coaxial lines to create a cost-effective, secure, and quick-to-deploy network. Its solutions also offer end-to-end network security to protect critical IoT data, utilizing a powerful combination of coding and encryption technologies, applied as required on both new and existing infrastructure within the hybrid-fiber-copper network. The Company operates as one operating segment developing and marketing access broadband equipment for copper and fiber networks.

Executives

Tuvia Barlev	director, officer: CEO and Chairman of the Board	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Michal Winkler-solomon	officer: Vice President Marketing	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Bret Harrison	officer: Senior VP Sales, Americas	4039 CLIPPER COURT, FREMONT CA 94538
Israel Niv	director	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Naama Halevi-davidov	director	C/O KALTURA, INC., 250 PARK AVENUE SOUTH, 10TH FLOOR, NEW YORK NY 10003
Yoav Efron	officer: Chief Financial Officer	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Jan Ruderman	officer: CRO-Americas	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Yaron Altit	officer: EVP Sales Intl.	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Noemi Schmayer	director	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Joseph Moscovitz	director	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Eyal Aharon	officer: Vice President R&D	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Elad Domanovitz	officer: Chief Technology Officer	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Hemi Kabir	officer: Vice President, Operations	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Bruce Hammergren	officer: EVP Sales Americas	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539