Owlet (OWLT) Cash-to-Debt : 1.73 (As of Dec. 2024)

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What is Owlet 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. Owlet's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.73.

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, Owlet could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

OWLT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59 Med: 1.09 Max: 5.75
Current: 1.73

During the past 5 years, Owlet's highest Cash to Debt Ratio was 5.75. The lowest was 0.59. And the median was 1.09.

OWLT's Cash-to-Debt is ranked worse than
50.58% of 864 companies
in the Medical Devices & Instruments industry
Industry Median: 1.805 vs OWLT: 1.73

Owlet Cash-to-Debt Historical Data

The historical data trend for Owlet'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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Owlet Cash-to-Debt Chart

Owlet Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

0.59

5.75

0.69

1.09

1.73

Owlet Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial													1.09	1.64	1.30	1.44	1.73

Competitive Comparison of Owlet's Cash-to-Debt

For the Medical Devices subindustry, Owlet'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.

Owlet's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Owlet's Cash-to-Debt distribution charts can be found below:

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

Owlet 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.

Owlet's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	20.245	/	(7.366	+	4.331)
	=	1.73

Owlet's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	20.245	/	(7.366	+	4.331)
	=	1.73

Owlet (NYSE:OWLT) 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.

Owlet Cash-to-Debt Related Terms

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Owlet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Owlet Inc (NYSE:OWLT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2940 West Maple Loop Drive, Suite 203, Lehi, UT, USA, 84043

Website

https://www.owletcare.com

Owlet Inc is engaged in providing a digital parenting platform that aims to give parents real-time data and insights to help parents feel more calm and confident. Its diversified portfolio of products includes Owlet Smart Sock, the first baby monitor to track an infant's oxygen levels, heart rate, and sleep trends; the Owlet Cam, which turns any smartphone into a baby monitor with high-definition clarity; the Owlet Monitor Duo, which offers the intelligence of the Owlet Smart Sock paired with the Owlet Cam; and Owlet Dream Lab, an interactive online program designed to be a parent's guide to building healthy sleep habits for their infants.

Executives

Jonathan Harris	officer: President & CRO	3000 CLEARVIEW WAY, SAN MATEO CA 94402
Kurt Workman	director, officer: Chief Executive Officer	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Kathryn R. Scolnick	officer: Chief Financial Officer	3300 N ASHTON BLVD, STE 300, LEHI UT 84043
Marc F Stoll	director	C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Melissa Gonzales	director	C/O OWLET, INC., 3300 NORTH ASHTON BOULEVARD, SUITE 300, LEHI UT 84043
Jason Knafel	director	514 HIGH STREET, PALO ALTO CA 94301
Eclipse Early Growth Fund I, L.p.	10 percent owner	514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Eclipse Early Growth Gp I, Llc	10 percent owner	514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Trilogy Equity Partners, Llc	10 percent owner	155 108TH AVE NE, SUITE 400, BELLEVUE WA 98004
Michael P. Abbott	director, officer: President	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Nathaniel Yoo	officer: Chief Accounting Officer	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Eclipse Continuity Fund I, L.p.	10 percent owner	514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Zane M Burke	director	C/O LIVONGO HEALTH, INC., 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
John C. Kim	director	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Amy Nam Mccullough	director	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043