EBET (EBET) Cash-to-Debt: 0.01 (As of Mar. 2024)

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EBET EBET Inc EBET
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What is EBET Cash-to-Debt?

EBET EBET 12 Cash-to-Debt is 0.01 as of Mar. 2024. GuruFocus rates EBET with a GF Score™ of 12/100.

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. EBET's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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

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

EBET's Cash-to-Debt is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.55
* Ranked among companies with meaningful Cash-to-Debt only.

EBET  (OTCPK:EBET) 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.


EBET Cash-to-Debt Related Terms


EBET Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for EBET'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.

EBET Cash-to-Debt Chart

EBET Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Cash-to-Debt
- 0.00 5.79 0.17 0.01

EBET Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.10 0.04 0.01 0.01 0.01

EBET vs FLUT, DKNG, CHDN: Cash-to-Debt Comparison

For the Gambling subindustry, EBET'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.


EBET Cash-to-Debt vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, EBET's Cash-to-Debt distribution charts can be found below:

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


EBET
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EBET Inc EBET
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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EBET 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.

EBET's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

EBET's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.01 mean?
EBET (EBET) has a Cash-to-Debt of 0.01 as of Mar. 2024.
Is EBET's Cash-to-Debt too high?
EBET's current Cash-to-Debt is 0.01. The Travel & Leisure industry median Cash-to-Debt is 0.55. EBET's value of 0.01 is 98.2% below this industry median. Overall, EBET has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does EBET's Cash-to-Debt compare to FLUT and DKNG?
EBET's Cash-to-Debt of 0.01 can be compared against companies in the Travel & Leisure industry. The industry median Cash-to-Debt is 0.55. EBET's value of 0.01 is 98.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Travel & Leisure company?
The median Cash-to-Debt among Travel & Leisure companies is 0.55, based on 830 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EBET's current Cash-to-Debt of 0.01 is 98.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median Cash-to-Debt is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EBET's current Cash-to-Debt is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EBET stock overvalued right now?
EBET (EBET) has a current Cash-to-Debt of 0.01. The current Cash-to-Debt is 0.01 and 98.2% below the Travel & Leisure industry median of 0.55. EBET's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For EBET (EBET), the current Cash-to-Debt is 0.01 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

EBET Business Description

Address 3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89169
EBET Inc is a technology company developing and operating platforms focused on esports and competitive gaming. It operates a licensed online gambling platform, which is an esports/sportsbook focused on bettors located in Asia and Latin America. It offers real-money betting on esports events from around the world in a secure environment. It accepts wagers on esports titles including Counter-Strike: GO, League of Legends, Dota 2, StarCraft 2, Rocket League, Rainbow Six, Warcraft 3, King of Glory, and FIFA, as well as professional sports including the NFL, NBA, MLB, soccer and more. The company's Brands Includes; Gogawi, Karamba, Griffon Casino, Generation VIP, and Others.
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Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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