SMCE (SMC Entertainment) Cash-to-Debt : 0.00 (As of Sep. 2024)

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What is SMC Entertainment 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. SMC Entertainment's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.00.

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, SMC Entertainment couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

During the past 6 years, SMC Entertainment's highest Cash to Debt Ratio was 0.03. The lowest was 0.00. And the median was 0.01.

SMCE's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.58
* Ranked among companies with meaningful Cash-to-Debt only.

SMC Entertainment Cash-to-Debt Historical Data

The historical data trend for SMC Entertainment'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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SMC Entertainment Cash-to-Debt Chart

SMC Entertainment Annual Data

Trend

Dec99

Dec00

Dec01

Jun03

Dec22

Dec23

Cash-to-Debt

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No Debt

0.49

0.01

SMC Entertainment Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.01	-	-	-

Competitive Comparison of SMC Entertainment's Cash-to-Debt

For the Software - Application subindustry, SMC Entertainment'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.

SMC Entertainment's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, SMC Entertainment's Cash-to-Debt distribution charts can be found below:

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

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SMC Entertainment 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.

SMC Entertainment'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)
	=	0.007	/	(0.846	+	0)
	=	0.01

SMC Entertainment's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.002	/	(10.119	+	0)
	=	0.00

SMC Entertainment (OTCPK:SMCE) 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.

SMC Entertainment Cash-to-Debt Related Terms

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SMC Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SMC Entertainment Inc (OTCPK:SMCE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

9170 Glades Road, Suite 150, Boca Raton, FL, USA, 33434

Website

https://www.smceinc.com

SMC Entertainment Inc through its wholly owned subsidiary markets a software-as-a-service (SaaS) proprietary platform for Certified Public Accountants (CPAs) Financial Institutions and Registered Investment Advisors (RIAs). The Platform is a SaaS platform enabling users to see the developing market trends and use it to create customizable baskets if applicable. The Platform's IQ Engine enables the user to see changes occurring on the underlying indexes daily and provides alternatives based on machine learning (ML) and artificial intelligence (AI) which the user can incorporate into its decision-making process.