Enprise Group (NZSE:ENS) Cash-to-Debt : 0.93 (As of Dec. 2023)

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What is Enprise Group 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. Enprise Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.93.

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, Enprise Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

NZSE:ENS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.35 Med: 1.45 Max: No Debt
Current: 0.93

During the past 8 years, Enprise Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.35. And the median was 1.45.

NZSE:ENS's Cash-to-Debt is ranked worse than
66.57% of 2800 companies
in the Software industry
Industry Median: 2.55 vs NZSE:ENS: 0.93

Enprise Group Cash-to-Debt Historical Data

The historical data trend for Enprise Group'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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Enprise Group Cash-to-Debt Chart

Enprise Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Jun21

Jun22

Jun23

Cash-to-Debt

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1.33

1.21

1.64

0.53

0.35

Enprise Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial												0.72	0.53	0.54	0.35	0.93

Competitive Comparison of Enprise Group's Cash-to-Debt

For the Software - Application subindustry, Enprise Group'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.

Enprise Group's Cash-to-Debt Distribution in the Software Industry

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

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

Enprise Group 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.

Enprise Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1.178	/	(2.594	+	0.734)
	=	0.35

Enprise Group's Cash to Debt Ratio for the quarter 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)
	=	1.946	/	(1.467	+	0.628)
	=	0.93

Enprise Group (NZSE:ENS) 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.

Enprise Group Cash-to-Debt Related Terms

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Enprise Group (NZSE:ENS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Enprise Group Ltd (NZSE:ENS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Hugo Johnston Drive, Level 2, Penrose, Auckland, NTL, NZL, 1061

Website

https://www.enprisegroup.com

Enprise Group Ltd is an investment vehicle for high-growth tech companies that complement its core ERP capability. The company invests in five businesses such as Enprise Solutions and Kilimanjaro Consulting which are cloud business software companies and providers of solutions based on the MYOB Advanced and MYOB Exo software platforms. iSell provides SaaS business systems (IT Quoter) to the global IT Reseller market. Datagate Innovation provides SaaS Telecom Billing for IT Managed Service Providers globally. Vadacom specialises in phone system software and unified communications solutions for Australian and New Zealand businesses.