IPSI (Innovative Payment Solutions) Cash-to-Debt : 0.00 (As of Sep. 2024)

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What is Innovative Payment Solutions 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. Innovative Payment Solutions's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.00.

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, Innovative Payment Solutions couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

During the past 11 years, Innovative Payment Solutions's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.07.

IPSI's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.58
* Ranked among companies with meaningful Cash-to-Debt only.

Innovative Payment Solutions Cash-to-Debt Historical Data

The historical data trend for Innovative Payment Solutions'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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Innovative Payment Solutions Cash-to-Debt Chart

Innovative Payment Solutions Annual Data

Trend

Oct14

Oct15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.08

2.57

0.11

0.01

Innovative Payment Solutions 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															-	0.01	-	0.01	-

Competitive Comparison of Innovative Payment Solutions's Cash-to-Debt

For the Software - Infrastructure subindustry, Innovative Payment Solutions'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.

Innovative Payment Solutions's Cash-to-Debt Distribution in the Software Industry

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

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

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Innovative Payment Solutions 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.

Innovative Payment Solutions'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)
	=	0.05	/	(4.776	+	0.15)
	=	0.01

Innovative Payment Solutions's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	0.001	/	(6.315	+	0.15)
	=	0.00

Innovative Payment Solutions (OTCPK:IPSI) 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.

Innovative Payment Solutions Cash-to-Debt Related Terms

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

Innovative Payment Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Innovative Payment Solutions Inc (OTCPK:IPSI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

56B 5th Street, Lot 1, Suite AT, Carmel by the Sea, CA, USA, 93921

Website

https://www.ipsipay.com

Innovative Payment Solutions Inc provides an integrated network of kiosks, terminals, and payment channels that enable consumers to deposit cash, convert it into a digital form, and remit the funds to any merchant in its network quickly and securely. IPSIPay is a digital payment platform connects and empowers businesses and consumers, freelancers and merchants, those with bank accounts and those without.

Executives

Richard Rosenblum	10 percent owner, other: President and CFO	19 HORIZON DRIVE, WAYNE NJ 07470
David F Rios	director	14924 DIDUCA WAY, LOS GATOS CA 95032
Clifford W. Henry	director	PO BOX 1148, ZEPHYR COVE NV 89449-1148
Madisson Gracee Corbett	director	19355 BUSINESS CENTER DRIVE., #9, NORTHRIDGE CA 91324
James W Fuller	director	C/O BAYTREE CAPITAL ASSOCIATES LLC, 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
Andrey Novikov	director, officer: CHIEF TECHNOLOGY OFFICER	19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324
William D. Corbett	director, officer: Chief Executive Officer	1720 W DIVISION STREET, 3RD FLOOR, CHICAGO IL 606622
Jimmy I Gibbs	10 percent owner	9855 WARREN H. ABERNATHY HIGHWAY, SPARTANBURG SC 29301
Mark John Korb	officer: Chief Financial Officer	1900 GLADES ROAD, SUITE 435, BOCA RATON FL 33431
Gaston Singh Pereira	director, officer: Chairman of the Board and CEO	1900 GLADES ROAD, SUITE 265, BOCA RATON FL 33431
Sarmad Singh Harake	director	1900 GLADES ROAD, SUITE 265, BOCA RATON NY 33431