MultiSensor AI Holdings (MultiSensor AI Holdings) Cash-to-Debt : 0.20 (As of Mar. 2024)

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What is MultiSensor AI Holdings 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. MultiSensor AI Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.20.

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, MultiSensor AI Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

MSAI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.14 Max: 0.2
Current: 0.2

During the past 3 years, MultiSensor AI Holdings's highest Cash to Debt Ratio was 0.20. The lowest was 0.00. And the median was 0.14.

MSAI's Cash-to-Debt is ranked worse than
86.01% of 2794 companies
in the Software industry
Industry Median: 2.535 vs MSAI: 0.20

MultiSensor AI Holdings Cash-to-Debt Historical Data

The historical data trend for MultiSensor AI Holdings'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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MultiSensor AI Holdings Cash-to-Debt Chart

MultiSensor AI Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.18

0.03

0.16

MultiSensor AI Holdings Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			0.03	-	0.12	0.16	0.20

Competitive Comparison of MultiSensor AI Holdings's Cash-to-Debt

For the Software - Infrastructure subindustry, MultiSensor AI Holdings'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.

MultiSensor AI Holdings's Cash-to-Debt Distribution in the Software Industry

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

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

MultiSensor AI Holdings 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.

MultiSensor AI Holdings'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)
	=	1.155	/	(1.535	+	5.695)
	=	0.16

MultiSensor AI Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	0.491	/	(0.71	+	1.695)
	=	0.20

MultiSensor AI Holdings (NAS:MSAI) 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.

MultiSensor AI Holdings Cash-to-Debt Related Terms

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MultiSensor AI Holdings (MultiSensor AI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MultiSensor AI Holdings Inc (NAS:MSAI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2105 West Cardinal Drive, Beaumont, TX, USA, 77705

Website

https://www.infraredcameras.com

Infrared Cameras Holdings Inc manufactures and distributes infrared camera systems (hardware and software) for thermographic use in a variety of industrial applications. The company also provides software and services, including training, calibration, and repairs for its customers. Most of the company's customers are in the United States and operate in the oil and gas, distribution and logistics, manufacturing, and utility sectors.

MultiSensor AI Holdings (MultiSensor AI Holdings) Headlines

From GuruFocus

MultiSensor AI Unveils SmartIR 2.0 Software Platform

By ACCESSWIRE • 02-15-2024