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BorrowMoney.com (BorrowMoney.com) Cash-to-Debt : 0.00 (As of Feb. 2024)


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What is BorrowMoney.com 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. BorrowMoney.com's cash to debt ratio for the quarter that ended in Feb. 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, BorrowMoney.com couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

During the past 8 years, BorrowMoney.com's highest Cash to Debt Ratio was 0.16. The lowest was 0.00. And the median was 0.02.

BWMY's Cash-to-Debt is not ranked *
in the Credit Services industry.
Industry Median: 0.215
* Ranked among companies with meaningful Cash-to-Debt only.

BorrowMoney.com Cash-to-Debt Historical Data

The historical data trend for BorrowMoney.com'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.

BorrowMoney.com Cash-to-Debt Chart

BorrowMoney.com Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cash-to-Debt
Get a 7-Day Free Trial 0.02 0.02 0.02 0.01 0.08

BorrowMoney.com Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.08 - -

Competitive Comparison of BorrowMoney.com's Cash-to-Debt

For the Credit Services subindustry, BorrowMoney.com'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.

BorrowMoney.com's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, BorrowMoney.com's Cash-to-Debt distribution charts can be found below:

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


BorrowMoney.com 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.

BorrowMoney.com's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
=0.049 / (0.581 + 0.013)
=0.08

BorrowMoney.com's Cash to Debt Ratio for the quarter that ended in Feb. 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)
=0.001 / (0 + 0.568)
=0.00

* 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.

BorrowMoney.com  (OTCPK:BWMY) 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.

BorrowMoney.com Cash-to-Debt Related Terms

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BorrowMoney.com (BorrowMoney.com) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » BorrowMoney.com Inc (OTCPK:BWMY) » Definitions » Cash-to-Debt
Comparable Companies
THBD RAHGF DXF SUNL V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257 BOM:532810 TSE:8593 BOM:543066 TPE:5871
Traded in Other Exchanges
N/A
Address
512 Bayshore Drive, Fort Lauderdale, FL, USA, 33304
Website
https://www.borrowmoney.com
BorrowMoney.com Inc operates an online loan marketplace for consumers seeking loans and other credit-based offerings. Its online marketplace provides consumers with access to product offerings from active lenders. It offers products in two categories including mortgage products and non-mortgage products. The mortgage products category includes the purchase and refinances products. Non-mortgage products include credit cards, personal loans, home equity loans, reverse mortgage loans, auto loans, small business loans, student loans, deposit accounts, home improvement referrals and other credit products such as credit repair and debt settlement.