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QTTOY (Qutoutiao) Cash-to-Debt : 0.04 (As of Dec. 2023)


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What is Qutoutiao 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. Qutoutiao's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.04.

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, Qutoutiao 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 Qutoutiao's Cash-to-Debt or its related term are showing as below:

QTTOY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04   Med: 0.97   Max: No Debt
Current: 0.04

During the past 8 years, Qutoutiao's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.97.

QTTOY's Cash-to-Debt is ranked worse than
95.67% of 578 companies
in the Interactive Media industry
Industry Median: 5.235 vs QTTOY: 0.04

Qutoutiao Cash-to-Debt Historical Data

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

Qutoutiao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial 1.27 0.68 0.47 0.08 0.04

Qutoutiao Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt Get a 7-Day Free Trial 1.27 0.68 0.47 0.08 0.04

Competitive Comparison of Qutoutiao's Cash-to-Debt

For the Internet Content & Information subindustry, Qutoutiao'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.


Qutoutiao's Cash-to-Debt Distribution in the Interactive Media Industry

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

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


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Qutoutiao 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.

Qutoutiao's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Qutoutiao's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Qutoutiao  (OTCPK:QTTOY) 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.


Qutoutiao Cash-to-Debt Related Terms

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


Qutoutiao Business Description

Traded in Other Exchanges
N/A
Address
519 Yi De Road, Building No. 8, Shanghai Pudong Software Park, Pudong New Area, Shanghai, CHN, 200124
Qutoutiao Inc is a mobile content platform company in China. Its flagship mobile application Qutoutiao aggregates articles and short videos from professional media and freelancers and presents customized feeds to users. It has also launched a mobile literature application, Midu Novels, which offers users free literature supported by advertising. The mobile literature applications, Midu Novels, and Midu Lite, source content from traditional PC-based online literature platforms which provide a license to publish their literature content on Midu Novels for a fee and offer pieces of literature on Midu Novels. The company generates revenue by providing advertising and marketing services.

Qutoutiao Headlines

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