Siminn hf (OISE:SIMINN) Cash-to-Debt : 0.10 (As of Jun. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Siminn hf 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. Siminn hf's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.10.

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, Siminn hf couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

OISE:SIMINN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.13 Max: 4.63
Current: 0.1

During the past 13 years, Siminn hf's highest Cash to Debt Ratio was 4.63. The lowest was 0.01. And the median was 0.13.

OISE:SIMINN's Cash-to-Debt is ranked worse than
73.47% of 377 companies
in the Telecommunication Services industry
Industry Median: 0.32 vs OISE:SIMINN: 0.10

Siminn hf Cash-to-Debt Historical Data

The historical data trend for Siminn hf'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.

* Premium members only.

Siminn hf Cash-to-Debt Chart

Siminn hf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.03

0.42

2.19

0.17

Siminn hf Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.19	0.17	0.13	0.10

Competitive Comparison of Siminn hf's Cash-to-Debt

For the Telecom Services subindustry, Siminn hf'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.

Siminn hf's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Siminn hf's Cash-to-Debt distribution charts can be found below:

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

Siminn hf 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.

Siminn hf'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)
	=	1810	/	(2557	+	7973)
	=	0.17

Siminn hf's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1634	/	(3111	+	12575)
	=	0.10

Siminn hf (OISE:SIMINN) 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.

Siminn hf Cash-to-Debt Related Terms

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

Siminn hf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Siminn hf (OISE:SIMINN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Armula 25, Reykjavik, ISL, 108

Website

https://www.siminn.is

Siminn hf is an Iceland-based telecommunications company engaged in offering communication services. The operating segments of the company are Mobile; Fixed voice; Internet and Network; TV; IT services; Equipment sales; and Others. It derives a majority of the revenue from the Internet and Network segment, which involves revenue from data service, including xDSL service, GPON, Internet, IP net, core network, local loop and access network. The Mobile segment involves revenue from mobile services in Iceland and abroad, whether traditional GSM service, satellite service, wholesale mobile service or other mobile services.

Siminn hf Headlines

No Headlines