SIMA (SIM Acquisition I) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2024)

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What is SIM Acquisition I 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. SIM Acquisition I's cash to debt ratio for the quarter that ended in Dec. 2024 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, SIM Acquisition I could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

(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 SIM Acquisition I's Cash-to-Debt or its related term are showing as below:

SIMA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 5000.04 Max: No Debt
Current: 3.61

During the past 1 years, SIM Acquisition I's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 5000.04.

SIMA's Cash-to-Debt is ranked worse than
54.16% of 421 companies
in the Diversified Financial Services industry
Industry Median: 6.44 vs SIMA: 3.61

SIM Acquisition I Cash-to-Debt Historical Data

The historical data trend for SIM Acquisition I'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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SIM Acquisition I Cash-to-Debt Chart

SIM Acquisition I Annual Data

Trend

Dec24

Cash-to-Debt

No Debt

SIM Acquisition I Quarterly Data
	Feb24	Jun24	Sep24	Dec24
Cash-to-Debt	-	0.08	No Debt	No Debt

Competitive Comparison of SIM Acquisition I's Cash-to-Debt

For the Shell Companies subindustry, SIM Acquisition I'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.

SIM Acquisition I's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SIM Acquisition I's Cash-to-Debt distribution charts can be found below:

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

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SIM Acquisition I 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.

SIM Acquisition I's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

SIM Acquisition I had no debt ⁽¹⁾.

SIM Acquisition I's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

SIM Acquisition I had no debt ⁽¹⁾.

SIM Acquisition I (NAS:SIMA) 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.

SIM Acquisition I Cash-to-Debt Related Terms

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