FUNFF (Fansunite Entertainment) Cash-to-Debt: No Debt (1) (As of Jun. 2024)

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What is Fansunite Entertainment Cash-to-Debt?

Fansunite Entertainment FUNFF Cash-to-Debt is No Debt (1) as of Jun. 2024.

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. Fansunite Entertainment's cash to debt ratio for the quarter that ended in Jun. 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, Fansunite Entertainment could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Fansunite Entertainment's Cash-to-Debt or its related term are showing as below:

FUNFF's Cash-to-Debt is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.58
* Ranked among companies with meaningful Cash-to-Debt only.

Fansunite Entertainment  (OTCPK:FUNFF) 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.


Fansunite Entertainment Cash-to-Debt Related Terms


Fansunite Entertainment Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Fansunite Entertainment'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.

Fansunite Entertainment Cash-to-Debt Chart

Fansunite Entertainment Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial No Debt 36.85 136.88 0.34 0.77

Fansunite Entertainment Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only 1.17 0.78 0.77 0.53 No Debt

FUNFF vs LUXH, NNAX, FLUT: Cash-to-Debt Comparison

For the Gambling subindustry, Fansunite Entertainment'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.


Fansunite Entertainment Cash-to-Debt vs Travel & Leisure Industry

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

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



Fansunite Entertainment 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.

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

Fansunite Entertainment's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Fansunite Entertainment had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Fansunite Entertainment (FUNFF) has a Cash-to-Debt of No Debt (1) as of Jun. 2024.
Is Fansunite Entertainment's Cash-to-Debt too high?
Fansunite Entertainment's current Cash-to-Debt is No Debt (1).
How does Fansunite Entertainment's Cash-to-Debt compare to LUXH and NNAX?
Fansunite Entertainment's Cash-to-Debt of No Debt (1) can be compared against companies in the Travel & Leisure industry. The industry median Cash-to-Debt is 0.58. 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 0.58, based on 831 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. 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 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fansunite Entertainment's current Cash-to-Debt is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fansunite Entertainment stock overvalued right now?
Fansunite Entertainment (FUNFF) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1). 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 Fansunite Entertainment (FUNFF), the current Cash-to-Debt is No Debt (1) as of Jun. 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.

Fansunite Entertainment Business Description

Address 1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4T8
Fansunite Entertainment Inc is a sports and entertainment company that focuses on services related to regulated and lawful online sports betting, casino, and other related products. Also, the company provides technology solutions and services in the gaming and entertainment industries.