Cytta (CYCA) Cash-to-Debt : 0.70 (As of Dec. 2024)

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What is Cytta 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. Cytta's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.70.

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, Cytta couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

CYCA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 1.78 Max: No Debt
Current: 0.7

During the past 12 years, Cytta's highest Cash to Debt Ratio was No Debt. The lowest was 0.25. And the median was 1.78.

CYCA's Cash-to-Debt is ranked worse than
70.8% of 2788 companies
in the Software industry
Industry Median: 2.47 vs CYCA: 0.70

Cytta Cash-to-Debt Historical Data

The historical data trend for Cytta'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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Cytta Cash-to-Debt Chart

Cytta Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep20

Sep21

Sep22

Sep23

Sep24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.56

1.00

Cytta Quarterly Data
	Mar14	Jun14	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.31	0.25	1.27	1.00	0.70

Competitive Comparison of Cytta's Cash-to-Debt

For the Software - Application subindustry, Cytta'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.

Cytta's Cash-to-Debt Distribution in the Software Industry

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

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

Cytta 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.

Cytta's Cash to Debt Ratio for the fiscal year 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)
	=	1.44	/	(1.439	+	0)
	=	1.00

Cytta'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)
	=	1.008	/	(1.439	+	0)
	=	0.70

Cytta (OTCPK:CYCA) 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.

Cytta Cash-to-Debt Related Terms

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Cytta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cytta Corp (OTCPK:CYCA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5450 W. Sahara Avenue, Suite 300A, Las Vegas, NV, USA, 89146

Website

https://www.cytta.com

Cytta Corp is engaged in the manufacture, distribution, and marketing of streaming and integrated communication products, using technology based upon the SUPR (Superior Utilization of Processing Resources) video compression codec or algorithm and IGAN (Incident Global Area Network) incident command proprietary software solutions products. Its product includes SUPR Stream and IGAN Fusion. The products of the company are CYTTACOMMS, CYTTACARES and CYTTACOMP.

Executives

Brad Prystupa	director, 10 percent owner, officer: Secretary	710 WEST 16TH AVENUE, VANCOUVER A1 V5Z 1S7
Chad Rutherford	director, 10 percent owner, officer: President, CEO, CFO, Treasurer	710 WEST 16TH AVENUE, VANCOUVER A1 V5Z 1S7