Embark Early Education (FRA:9EV) Cash-to-Debt : 0.37 (As of Dec. 2023)

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What is Embark Early Education 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. Embark Early Education's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.37.

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, Embark Early Education couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FRA:9EV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.21 Max: 0.84
Current: 0.37

During the past 8 years, Embark Early Education's highest Cash to Debt Ratio was 0.84. The lowest was 0.17. And the median was 0.21.

FRA:9EV's Cash-to-Debt is ranked worse than
71.32% of 258 companies
in the Education industry
Industry Median: 1.265 vs FRA:9EV: 0.37

Embark Early Education Cash-to-Debt Historical Data

The historical data trend for Embark Early Education'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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Embark Early Education Cash-to-Debt Chart

Embark Early Education Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.46

0.17

0.18

0.23

0.37

Embark Early Education Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial												0.18	0.06	0.23	0.34	0.37

Competitive Comparison of Embark Early Education's Cash-to-Debt

For the Education & Training Services subindustry, Embark Early Education'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.

Embark Early Education's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Embark Early Education's Cash-to-Debt distribution charts can be found below:

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

Embark Early Education 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.

Embark Early Education'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)
	=	15.315	/	(3.582	+	38.201)
	=	0.37

Embark Early Education's Cash to Debt Ratio for the quarter 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)
	=	15.315	/	(3.582	+	38.201)
	=	0.37

Embark Early Education (FRA:9EV) 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.

Embark Early Education Cash-to-Debt Related Terms

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

Embark Early Education (FRA:9EV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Embark Early Education Ltd (FRA:9EV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EVO:Australia

Address

120-122 Siganto Drive, Suite 102, Level 1, M1 Connect Business Hub, Helensvale, Gold Coast, QLD, AUS, 4212

Website

https://www.embarkeducation.com.au

Embark Early Education Ltd is a company that is engaged in the provision and management of an early childhood education service that gives parents and caregivers the option of which service suits their child's learning and care needs. The Group reports operating segments by geographical location, namely New Zealand and Australia. The majority of revenue is from the New Zealand segment. The principal activities of the Company include the management of high-quality early childhood education centres.

Embark Early Education (FRA:9EV) Headlines

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