Opyl (ASX:OPL) Cash-to-Debt : 0.77 (As of Dec. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Opyl 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. Opyl's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.77.

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, Opyl couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Opyl's Cash-to-Debt or its related term are showing as below:

ASX:OPL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.6 Med: No Debt Max: No Debt
Current: 0.77

During the past 13 years, Opyl's highest Cash to Debt Ratio was No Debt. The lowest was 0.60. And the median was No Debt.

ASX:OPL's Cash-to-Debt is ranked better than
51.35% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 0.735 vs ASX:OPL: 0.77

Opyl Cash-to-Debt Historical Data

The historical data trend for Opyl'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.

* Premium members only.

Opyl Cash-to-Debt Chart

Opyl Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

1.51

No Debt

Opyl Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	1.51	No Debt	No Debt	0.77

Competitive Comparison of Opyl's Cash-to-Debt

For the Health Information Services subindustry, Opyl'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.

Opyl's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Opyl's Cash-to-Debt distribution charts can be found below:

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

Opyl 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.

Opyl's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Opyl had no debt ⁽¹⁾.

Opyl's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	0.33	/	(0.428	+	0)
	=	0.77

Opyl (ASX:OPL) 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.

Opyl Cash-to-Debt Related Terms

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

Opyl Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Opyl Ltd (ASX:OPL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Middlemiss Street, Milsons Point, Sydney, NSW, AUS, 2000

Website

https://www.opyl.ai

Opyl Ltd is engaged in the development of its digital tools that improve clinical trials, healthcare experience for patients, deliver deep market insights from social media data, and improve the efficiency and value of the clinical research process. It invests in research and develops technologies as well as provides digital tools and insights services to healthcare, wellness, and science technology-focused clients.

Opyl Headlines

No Headlines