QANTM Intellectual Property (ASX:QIP) Cash-to-Debt : 0.16 (As of Dec. 2023)

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What is QANTM Intellectual Property 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. QANTM Intellectual Property's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.16.

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, QANTM Intellectual Property couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:QIP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.16 Max: 0.55
Current: 0.16

During the past 7 years, QANTM Intellectual Property's highest Cash to Debt Ratio was 0.55. The lowest was 0.04. And the median was 0.16.

ASX:QIP's Cash-to-Debt is ranked worse than
79.92% of 1056 companies
in the Business Services industry
Industry Median: 0.975 vs ASX:QIP: 0.16

QANTM Intellectual Property Cash-to-Debt Historical Data

The historical data trend for QANTM Intellectual Property'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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QANTM Intellectual Property Cash-to-Debt Chart

QANTM Intellectual Property Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.10

0.15

0.18

QANTM Intellectual Property Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										0.19	0.18	0.04	0.18	0.16

Competitive Comparison of QANTM Intellectual Property's Cash-to-Debt

For the Consulting Services subindustry, QANTM Intellectual Property'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.

QANTM Intellectual Property's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, QANTM Intellectual Property's Cash-to-Debt distribution charts can be found below:

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

QANTM Intellectual Property 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.

QANTM Intellectual Property'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)
	=	8.021	/	(6.29	+	37.645)
	=	0.18

QANTM Intellectual Property'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)
	=	6.19	/	(6.588	+	32.279)
	=	0.16

QANTM Intellectual Property (ASX:QIP) 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.

QANTM Intellectual Property Cash-to-Debt Related Terms

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

QANTM Intellectual Property (ASX:QIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » QANTM Intellectual Property Ltd (ASX:QIP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Nicholson Street, Level 15, Melbourne, VIC, AUS, 3002

Website

https://www.qantmip.com

QANTM Intellectual Property Ltd is the holding company of intellectual property companies. The company through intellectual property companies provides IP services to a range of Australian and international clients ranging from start-up technology businesses to Fortune 500 multinationals, public research institutions, and universities. The company has identified its operating segments based on geographical locations being Australia and Asia. A substantial portion of its overall revenue is generated from the Australia segment.

QANTM Intellectual Property (ASX:QIP) Headlines

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