Hydreight Technologies (FRA:SO6) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Hydreight Technologies 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. Hydreight Technologies'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, Hydreight Technologies 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 Hydreight Technologies's Cash-to-Debt or its related term are showing as below:

FRA:SO6' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.98 Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Hydreight Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.98. And the median was No Debt.

FRA:SO6's Cash-to-Debt is ranked better than
99.85% of 666 companies
in the Healthcare Providers & Services industry
Industry Median: 0.775 vs FRA:SO6: No Debt

Hydreight Technologies Cash-to-Debt Historical Data

The historical data trend for Hydreight Technologies'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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Hydreight Technologies Cash-to-Debt Chart

Hydreight Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

130.00

No Debt

Hydreight Technologies Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	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	No Debt	No Debt

Competitive Comparison of Hydreight Technologies's Cash-to-Debt

For the Health Information Services subindustry, Hydreight Technologies'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.

Hydreight Technologies's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hydreight Technologies's Cash-to-Debt distribution charts can be found below:

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

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Hydreight Technologies 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.

Hydreight Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Hydreight Technologies had no debt ⁽¹⁾.

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

Hydreight Technologies had no debt ⁽¹⁾.

Hydreight Technologies (FRA:SO6) 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.

Hydreight Technologies Cash-to-Debt Related Terms

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

Hydreight Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hydreight Technologies Inc (FRA:SO6) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HYDTF:USA NURS:Canada

Address

1500 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6G 2Z6

Website

https://www.hydreight.com

Hydreight Technologies Inc is a home healthcare and wellness platform that bridges the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed healthcare professionals. It delivers services independently, on its own terms, or adds mobile services to existing location-based operations. The platform includes a built-in, easy-to-use suite of fully-integrated tools for accounting, documentation, sales, inventory, booking, managing patient data, and more, Hydreight has a 503B pharmacy license and is a U.S. certified e-script and telemedicine provider that allows it to provide services in over 50 states.

Hydreight Technologies Headlines

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Hydreight Technologies (FRA:SO6) Cash-to-Debt : No Debt (1) (As of Sep. 2024)