CMECF (Computer Engineeringnsulting) Cash-to-Debt : 75.04 (As of Jul. 2024)

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What is Computer Engineeringnsulting 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. Computer Engineeringnsulting's cash to debt ratio for the quarter that ended in Jul. 2024 was 75.04.

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, Computer Engineeringnsulting could pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

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

CMECF' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.01 Med: 41.19 Max: 77.68
Current: 75.04

During the past 13 years, Computer Engineeringnsulting's highest Cash to Debt Ratio was 77.68. The lowest was 2.01. And the median was 41.19.

CMECF's Cash-to-Debt is ranked better than
84.06% of 2810 companies
in the Software industry
Industry Median: 2.385 vs CMECF: 75.04

Computer Engineeringnsulting Cash-to-Debt Historical Data

The historical data trend for Computer Engineeringnsulting'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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Computer Engineeringnsulting Cash-to-Debt Chart

Computer Engineeringnsulting Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

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41.96

51.96

57.35

61.75

73.43

Computer Engineeringnsulting Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial															69.81	71.74	73.43	77.68	75.04

Competitive Comparison of Computer Engineeringnsulting's Cash-to-Debt

For the Software - Application subindustry, Computer Engineeringnsulting'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.

Computer Engineeringnsulting's Cash-to-Debt Distribution in the Software Industry

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

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

Computer Engineeringnsulting 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.

Computer Engineeringnsulting's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	182.608	/	(2.487	+	0)
	=	73.43

Computer Engineeringnsulting's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	166.745	/	(2.222	+	0)
	=	75.04

Computer Engineeringnsulting (GREY:CMECF) 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.

Computer Engineeringnsulting Cash-to-Debt Related Terms

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

Computer Engineeringnsulting Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Computer Engineering & Consulting Ltd (GREY:CMECF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9692:Japan

Address

5-5, Ebisu Minami 1-chome, JR Ebisu Building, Shibuya-ku, Tokyo, JPN, 150-0022

Website

http://www.cec-ltd.co.jp

Computer Engineering & Consulting Ltd. is a Japan-based company engaged in software development, information technology (IT) management, and verification services. It offers comprehensive ICT services, and operates in the business divisions of Digital Industry Business and Service Integration Business.

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