Online Blockchain (LSE:OBC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is Online Blockchain 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. Online Blockchain's cash to debt ratio for the quarter that ended in Jun. 2023 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, Online Blockchain could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(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 Online Blockchain's Cash-to-Debt or its related term are showing as below:

LSE:OBC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Online Blockchain's highest Cash to Debt Ratio was No Debt. The lowest was 0.43. And the median was No Debt.

LSE:OBC's Cash-to-Debt is not ranked
in the Software industry.
Industry Median: 2.51 vs LSE:OBC: No Debt

Online Blockchain Cash-to-Debt Historical Data

The historical data trend for Online Blockchain'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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Online Blockchain Cash-to-Debt Chart

Online Blockchain Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.43

No Debt

Online Blockchain Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Online Blockchain's Cash-to-Debt

For the Software - Application subindustry, Online Blockchain'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.

Online Blockchain's Cash-to-Debt Distribution in the Software Industry

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

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

Online Blockchain 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.

Online Blockchain's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Online Blockchain had no debt ⁽¹⁾.

Online Blockchain's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Online Blockchain had no debt ⁽¹⁾.

Online Blockchain (LSE:OBC) 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.

Online Blockchain Cash-to-Debt Related Terms

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

Online Blockchain (LSE:OBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Online Blockchain PLC (LSE:OBC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RCQ:Germany

Address

85 Great Portland Street, 1st Floor, London, GBR, W1W 7LT

Website

https://www.onlineblockchain.io

Online Blockchain PLC works as an incubator and investor in internet and information businesses. The company is currently focusing on blockchain technology development. Its business model is to establish new blockchain-related ventures, using the company's in-house technical expertise and working with partners to create customer demand and interest in the company's projects. It operates in two reportable segments including the provision of management services and others. It derives revenue from the provision of management services.

Online Blockchain (LSE:OBC) Headlines

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Online Blockchain (LSE:OBC) Cash-to-Debt : No Debt (1) (As of Jun. 2023)