FUFU (BitFuFu) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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

FUFU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: No Debt Max: No Debt
Current: No Debt

During the past 4 years, BitFuFu's highest Cash to Debt Ratio was No Debt. The lowest was 0.20. And the median was No Debt.

FUFU's Cash-to-Debt is ranked better than
99.36% of 785 companies
in the Capital Markets industry
Industry Median: 2.38 vs FUFU: No Debt

BitFuFu Cash-to-Debt Historical Data

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

BitFuFu Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

No Debt

BitFuFu Quarterly Data
	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial						N/A	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of BitFuFu's Cash-to-Debt

For the Capital Markets subindustry, BitFuFu'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.

BitFuFu's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitFuFu's Cash-to-Debt distribution charts can be found below:

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

BitFuFu 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.

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

BitFuFu had no debt ⁽¹⁾.

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

BitFuFu had no debt ⁽¹⁾.

BitFuFu (NAS:FUFU) 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.

BitFuFu Cash-to-Debt Related Terms

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BitFuFu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitFuFu Inc (NAS:FUFU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 North Bridge Road, 15-01 Peninsula Plaza, Singapore, SGP, 179098

Website

https://www.bitfufu.com

BitFuFu Inc is a digital asset mining and cloud-mining service provider that fosters a secure, compliant, and transparent blockchain infrastructure. It provides stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to institutional customers and individual digital assets.