Artificial Solutions International AB (OSTO:ASAI) Cash-to-Debt : 0.10 (As of Mar. 2024)

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What is Artificial Solutions International 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. Artificial Solutions International AB's cash to debt ratio for the quarter that ended in Mar. 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, Artificial Solutions International AB 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 Artificial Solutions International AB's Cash-to-Debt or its related term are showing as below:

OSTO:ASAI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.2 Max: 2.4
Current: 0.1

During the past 10 years, Artificial Solutions International AB's highest Cash to Debt Ratio was 2.40. The lowest was 0.00. And the median was 0.20.

OSTO:ASAI's Cash-to-Debt is ranked worse than
91.89% of 2798 companies
in the Software industry
Industry Median: 2.55 vs OSTO:ASAI: 0.10

Artificial Solutions International AB Cash-to-Debt Historical Data

The historical data trend for Artificial Solutions International 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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Artificial Solutions International AB Cash-to-Debt Chart

Artificial Solutions International AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.11

0.47

0.07

0.06

Artificial Solutions International AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.35	0.23	0.15	0.06	0.10

Competitive Comparison of Artificial Solutions International AB's Cash-to-Debt

For the Software - Infrastructure subindustry, Artificial Solutions International 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.

Artificial Solutions International AB's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Artificial Solutions International AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Artificial Solutions International AB's Cash-to-Debt falls into.

Artificial Solutions International 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.

Artificial Solutions International AB'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)
	=	15.208	/	(0	+	250.453)
	=	0.06

Artificial Solutions International AB'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)
	=	24.6	/	(0	+	254)
	=	0.10

Artificial Solutions International AB (OSTO:ASAI) 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.

Artificial Solutions International AB Cash-to-Debt Related Terms

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

Artificial Solutions International AB (OSTO:ASAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Artificial Solutions International AB (OSTO:ASAI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

5JG:Germany

Address

Stureplan 15, 2nd Floor, Stockholm, SWE, 11145

Website

https://www.artificial-solutions.com

Artificial Solutions International AB is a specialist in Conversational AI. It enables communication with applications, websites, and devices in everyday, humanlike natural language via voice, text, touch, or gesture input. The company's Conversational AI platform Teneo, allows business users and developers to create applications that run across 86 languages and dialects, multiple platforms, and channels in record time. The ability to analyze and make use of the enormous quantities of conversational data is fully integrated within Teneo, delivering unprecedented levels of data insight that reveal what customers are truly thinking. Its Conversational AI technology makes it easy to implement a wide range of natural language applications such as virtual assistants, and conversational bots.

Artificial Solutions International AB (OSTO:ASAI) Headlines

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