Adslot (ASX:ADS) Cash-to-Debt : 4.29 (As of Dec. 2023)

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What is Adslot 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. Adslot's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.29.

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, Adslot could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:ADS' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.72 Med: 12.59 Max: No Debt
Current: 4.29

During the past 13 years, Adslot's highest Cash to Debt Ratio was No Debt. The lowest was 1.72. And the median was 12.59.

ASX:ADS's Cash-to-Debt is ranked better than
57.11% of 2805 companies
in the Software industry
Industry Median: 2.57 vs ASX:ADS: 4.29

Adslot Cash-to-Debt Historical Data

The historical data trend for Adslot'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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Adslot Cash-to-Debt Chart

Adslot Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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17.41

3.07

3.54

2.76

1.72

Adslot Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															2.31	2.76	2.05	1.72	4.29

Competitive Comparison of Adslot's Cash-to-Debt

For the Software - Infrastructure subindustry, Adslot'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.

Adslot's Cash-to-Debt Distribution in the Software Industry

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

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

Adslot 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.

Adslot's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	2.875	/	(0.591	+	1.078)
	=	1.72

Adslot's Cash to Debt Ratio for the quarter 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)
	=	3.113	/	(0.234	+	0.492)
	=	4.29

Adslot (ASX:ADS) 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.

Adslot Cash-to-Debt Related Terms

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

Adslot (ASX:ADS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Adslot Ltd (ASX:ADS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

419 Collins Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.adslot.com

Adslot Ltd is an internet technology and marketing company. The firm derives revenue from two principal activities: Trading Technology and Services. The majority of the revenue comes from Trading Technology that comprises Adslot - a media trading technology, and Symphony, workflow automation technology for media agencies, and the Services segment includes digital marketing services provided by the company's webfirm division and project-based customization of trading technology. The company reports its segments based on geographical locations: APAC (Australia, New Zealand, and Asia), EMEA (Europe, the Middle East, and Africa), and the Americas (North, Central, and South America), out of which the majority of the revenue comes from APAC.

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