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ASST (Asset Entities) Cash-to-Debt : No Debt (1) (As of Sep. 2024)


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What is Asset Entities 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. Asset Entities's cash to debt ratio for the quarter that ended in Sep. 2024 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, Asset Entities could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

ASST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.64   Med: No Debt   Max: No Debt
Current: No Debt

During the past 4 years, Asset Entities's highest Cash to Debt Ratio was No Debt. The lowest was 0.64. And the median was No Debt.

ASST's Cash-to-Debt is ranked better than
99.83% of 576 companies
in the Interactive Media industry
Industry Median: 4.95 vs ASST: No Debt

Asset Entities Cash-to-Debt Historical Data

The historical data trend for Asset Entities'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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Asset Entities Cash-to-Debt Chart

Asset Entities Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
No Debt 3.78 0.64 No Debt

Asset Entities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Asset Entities's Cash-to-Debt

For the Internet Content & Information subindustry, Asset Entities'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.


Asset Entities's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Asset Entities's Cash-to-Debt distribution charts can be found below:

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



Asset Entities 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.

Asset Entities's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Asset Entities had no debt (1).

Asset Entities's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Asset Entities had no debt (1).

* 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.


Asset Entities  (NAS:ASST) 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.


Asset Entities Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Asset Entities's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Asset Entities Business Description

Traded in Other Exchanges
N/A
Address
100 Crescent Court, 7th Floor, Dallas, TX, USA, 75201
Asset Entities Inc is an Internet company providing social media marketing, content delivery, and development and design services across Discord, TikTok, and other social media platforms. It has three categories of services: 1) provide subscription upgrades to premium content on investment education and entertainment servers on Discord. 2) codevelop and execute influencer social media and marketing campaigns for clients. 3) design, develop and manage Discord servers for clients under "AE.360.DDM" brand.
Executives
Arshia Sarkhani director, 10 percent owner, officer: CEO and President 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Jackson Fairbanks 10 percent owner, officer: Chief Marketing Officer 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Arman Sarkhani 10 percent owner, officer: Chief Operating Officer 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Kyle Fairbanks director, 10 percent owner, officer: Executive Vice-Chairman 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Matthew Krueger 10 percent owner, officer: CFO, Treasurer and Secretary 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Michael Gaubert director, 10 percent owner, officer: Executive Chairman 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Asset Entities Holdings, Llc 10 percent owner 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
James Sheldon Fairbanks 10 percent owner 3612 SUNSET VIEW DRIVE, FORTUNA CA 95540
Kavous Sarkhani 10 percent owner 13470 BLACK HILLS ROAD, SAN DIEGO CA 92129
Elham Nejad 10 percent owner 13470 BLACK HILLS ROAD, SAN DIEGO CA 92129
Jennifer Joan Fairbanks 10 percent owner 3612 SUNSET VIEW DRIVE, FORTUNA CA 95540
Richard Alfred Burton director 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Scott Kelley Mcdonald director 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Kd Holdings Group, Llc 10 percent owner 4313 OAK KNOLL DRIVE, PLANO TX 75093
Richard Benavides 10 percent owner 5934 WALNUT HILL ROAD, DALLAS TX 75230