Adventure Box Technology AB (OSTO:ADVBOX) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Adventure Box Technology AB 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. Adventure Box Technology AB's cash to debt ratio for the quarter that ended in Sep. 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, Adventure Box Technology AB could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Adventure Box Technology AB's Cash-to-Debt or its related term are showing as below:

OSTO:ADVBOX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: No Debt Max: No Debt
Current: 1.8

During the past 6 years, Adventure Box Technology AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

OSTO:ADVBOX's Cash-to-Debt is ranked worse than
63.2% of 587 companies
in the Interactive Media industry
Industry Median: 4.63 vs OSTO:ADVBOX: 1.80

Adventure Box Technology AB Cash-to-Debt Historical Data

The historical data trend for Adventure Box Technology AB'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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Adventure Box Technology AB Cash-to-Debt Chart

Adventure Box Technology AB Annual Data

Trend

Aug17

Aug18

Aug19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.21

No Debt

151.69

10.78

6.83

Adventure Box Technology AB Quarterly Data
	Aug17	Aug18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	6.83	No Debt	No Debt	No Debt

Competitive Comparison of Adventure Box Technology AB's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Adventure Box Technology AB'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.

Adventure Box Technology AB's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Adventure Box Technology AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Adventure Box Technology AB's Cash-to-Debt falls into.

Adventure Box Technology AB 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.

Adventure Box Technology AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	11.377	/	(1	+	0.667)
	=	6.82

Adventure Box Technology AB's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Adventure Box Technology AB had no debt ⁽¹⁾.

Adventure Box Technology AB (OSTO:ADVBOX) 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.

Adventure Box Technology AB Cash-to-Debt Related Terms

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

Adventure Box Technology AB (OSTO:ADVBOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Adventure Box Technology AB (OSTO:ADVBOX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

799:Germany

Address

Sveavagen 166, Stockholm, SWE, 113 46

Website

https://corp.adventurebox.com

Adventure Box Technology AB is an online game provider. The company provides an online platform where users can make, share and play 3D games. It offers s KoGaMa, a social cloud platform for user-created computer games, which makes it easy and fun to create, share and play 3D games online.

Adventure Box Technology AB (OSTO:ADVBOX) Headlines

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Adventure Box Technology AB (OSTO:ADVBOX) Cash-to-Debt : No Debt (1) (As of Sep. 2023)