KCRD (Kindcard) Cash-to-Debt : 0.04 (As of Jul. 2024)

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What is Kindcard 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. Kindcard's cash to debt ratio for the quarter that ended in Jul. 2024 was 0.04.

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, Kindcard couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

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

KCRD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: No Debt
Current: 0.04

During the past 8 years, Kindcard's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.10.

KCRD's Cash-to-Debt is ranked worse than
95.78% of 2796 companies
in the Software industry
Industry Median: 2.33 vs KCRD: 0.04

Kindcard Cash-to-Debt Historical Data

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

Kindcard Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

Get a 7-Day Free Trial

N/A

0.14

0.04

0.03

Kindcard Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.04	0.03	0.03	0.04

Competitive Comparison of Kindcard's Cash-to-Debt

For the Software - Infrastructure subindustry, Kindcard'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.

Kindcard's Cash-to-Debt Distribution in the Software Industry

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

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

Kindcard 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.

Kindcard's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	0.01	/	(0.208	+	0.15)
	=	0.03

Kindcard's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	0.015	/	(0.203	+	0.15)
	=	0.04

Kindcard (OTCPK:KCRD) 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.

Kindcard Cash-to-Debt Related Terms

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Kindcard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kindcard Inc (OTCPK:KCRD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Yamato Road, Suite 100, Boca Raton, FL, USA, 33496

Website

https://www.kindcard.com

Kindcard Inc is the payment platform of the future. It offers a more secure and less expensive way for businesses to accept payment for services or products, rather than using cash, conventional checks or credit cards. It is providing proprietary stored value programs to small and mid-sized entities, chain stores, and other multi-location environments via its host-capture processing system.

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