Alpha Systems (FRA:AN5) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

View and export this data going back to . Start your Free Trial

What is Alpha Systems 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. Alpha Systems's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

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, Alpha Systems could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) 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.

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

FRA:AN5' s Cash-to-Debt Range Over the Past 10 Years
Min: 33.27 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Alpha Systems's highest Cash to Debt Ratio was No Debt. The lowest was 33.27. And the median was No Debt.

FRA:AN5's Cash-to-Debt is ranked better than
99.86% of 2797 companies
in the Software industry
Industry Median: 2.33 vs FRA:AN5: No Debt

Alpha Systems Cash-to-Debt Historical Data

The historical data trend for Alpha Systems'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.

Alpha Systems Cash-to-Debt Chart

Alpha Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Alpha Systems Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	N/A	No Debt

Competitive Comparison of Alpha Systems's Cash-to-Debt

For the Software - Application subindustry, Alpha Systems'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.

Alpha Systems's Cash-to-Debt Distribution in the Software Industry

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

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

Alpha Systems 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.

Alpha Systems's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Alpha Systems had no debt ⁽¹⁾.

Alpha Systems's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Alpha Systems had no debt ⁽¹⁾.

Alpha Systems (FRA:AN5) 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.

Alpha Systems Cash-to-Debt Related Terms

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

Alpha Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alpha Systems Inc (FRA:AN5) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

4719:Japan

Address

12th Floor, 2-17-5 Shibuya, Shionogi Shibuya Building, Shibuya-ku, Tokyo, JPN, 150-0002

Website

http://www.alpha.co.jp

Alpha Systems Inc engages in software development for telecommunications systems. The company develops software for backbone communication systems, such as node systems, mobile network systems, and network management systems; open systems, including systems for management of production and distribution, and Intranets for corporate information management; and embedded systems to control electronic devices, including home appliances, office automation equipment, industrial machines, and in-vehicle systems. It also provides system integration, system operation and maintenance, and product sales services.

Alpha Systems Headlines

No Headlines

Alpha Systems (FRA:AN5) Cash-to-Debt : No Debt (1) (As of Sep. 2024)