Audeara (ASX:AUA) Cash-to-Debt : 11.73 (As of Jun. 2024)

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What is Audeara 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. Audeara's cash to debt ratio for the quarter that ended in Jun. 2024 was 11.73.

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, Audeara could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ASX:AUA' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.44 Med: 12.08 Max: 84.38
Current: 11.73

During the past 4 years, Audeara's highest Cash to Debt Ratio was 84.38. The lowest was 10.44. And the median was 12.08.

ASX:AUA's Cash-to-Debt is ranked better than
79.59% of 2459 companies
in the Hardware industry
Industry Median: 1.29 vs ASX:AUA: 11.73

Audeara Cash-to-Debt Historical Data

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

Audeara Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

84.38

10.44

12.43

11.73

Audeara Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			10.44	23.22	12.43	15.47	11.73

Competitive Comparison of Audeara's Cash-to-Debt

For the Consumer Electronics subindustry, Audeara'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.

Audeara's Cash-to-Debt Distribution in the Hardware Industry

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

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

Audeara 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.

Audeara's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1.314	/	(0.112	+	0)
	=	11.73

Audeara's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1.314	/	(0.112	+	0)
	=	11.73

Audeara (ASX:AUA) 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.

Audeara Cash-to-Debt Related Terms

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Audeara Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Audeara Ltd (ASX:AUA) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

527 Gregory Terrace, Level 1, North Tower, Fortitude Valley, QLD, AUS, 4006

Website

https://www.audeara.com

Audeara Ltd is engaged in the development and commercialization of headphones and hearing health technology products. The company offers engineering services and manufacturing devices on behalf of third party brands. Its product includes Audeara A-01 Headphones, A-02 TV Bundle, A-02 Headphones, BT-01 TV Transceiver. The company is engaged in single segment, which is the development of hearing health technology. The company derives revenue geographically from Australia, Europe, and North America, where the majority is derived from Australia.

Audeara Headlines

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