ATVK (Ameritek Ventures) Cash-to-Debt : 0.00 (As of Sep. 2024)

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What is Ameritek Ventures 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. Ameritek Ventures's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.00.

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, Ameritek Ventures couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

During the past 10 years, Ameritek Ventures's highest Cash to Debt Ratio was 0.84. The lowest was 0.00. And the median was 0.00.

ATVK's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.18
* Ranked among companies with meaningful Cash-to-Debt only.

Ameritek Ventures Cash-to-Debt Historical Data

The historical data trend for Ameritek Ventures'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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Ameritek Ventures Cash-to-Debt Chart

Ameritek Ventures Annual Data

Trend

May11

May12

May13

May14

May15

May16

May17

May18

Dec22

Dec23

Cash-to-Debt

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N/A

0.06

Ameritek Ventures Quarterly Data
	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Ameritek Ventures's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Ameritek Ventures'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.

Ameritek Ventures's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ameritek Ventures's Cash-to-Debt distribution charts can be found below:

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

Ameritek Ventures 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.

Ameritek Ventures's Cash to Debt Ratio for the fiscal year 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)
	=	0.006	/	(0.021	+	1.933)
	=	0.00

Ameritek Ventures's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.002	/	(0.021	+	1.602)
	=	0.00

Ameritek Ventures (OTCPK:ATVK) 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.

Ameritek Ventures Cash-to-Debt Related Terms

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Ameritek Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ameritek Ventures (OTCPK:ATVK) » Definitions » Cash-to-Debt

Comparable Companies

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Address

325 North Milwaukee Avenue, Suite G1, Wheeling, IL, USA, 60090

Website

https://www.ameritekventures.com

Ameritek Ventures is a group of companies that provides various software and hardware products and services beneficial to businesses, organizations, and governments. The company have an established presence in the warehouse solutions market. With Interactive Systems, Inc. The company provides software inventory management and with interlinkONE, Inc. the company provide SaaS cloud-based solutions for warehouse and inventory fulfillment. The Firm manufactures and innovates advanced technological developments in the medical industry, such as the DittoMask high-filtration mask. The company also develops blockchain technology software programs under WebBeeO and CordTell companies.

Executives

Shaun Passley

officer: Chairman, CEO and CFO

201 W. LAKE ST. 135, CH IL 60606