Smart Card Marketing Systems (Smart Card Marketing Systems) Cash-to-Debt : 0.02 (As of Jun. 2023)

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What is Smart Card Marketing Systems 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. Smart Card Marketing Systems's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.02.

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, Smart Card Marketing Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

SMKG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.24
Current: 0.02

During the past 2 years, Smart Card Marketing Systems's highest Cash to Debt Ratio was 0.24. The lowest was 0.00. And the median was 0.02.

SMKG's Cash-to-Debt is not ranked
in the Software industry.
Industry Median: 2.55 vs SMKG: 0.02

Smart Card Marketing Systems Cash-to-Debt Historical Data

The historical data trend for Smart Card Marketing Systems'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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Smart Card Marketing Systems Cash-to-Debt Chart

Smart Card Marketing Systems Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

Smart Card Marketing Systems Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial							0.24	0.01	-	-	0.02

Competitive Comparison of Smart Card Marketing Systems's Cash-to-Debt

For the Software - Infrastructure subindustry, Smart Card Marketing Systems'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.

Smart Card Marketing Systems's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Smart Card Marketing Systems's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Smart Card Marketing Systems's Cash-to-Debt falls into.

Smart Card Marketing Systems 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.

Smart Card Marketing Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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	/	(0.471	+	0)
	=	0.00

Smart Card Marketing Systems's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.003	/	(0.136	+	0)
	=	0.02

Smart Card Marketing Systems (OTCPK:SMKG) 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.

Smart Card Marketing Systems Cash-to-Debt Related Terms

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Smart Card Marketing Systems (Smart Card Marketing Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smart Card Marketing Systems Inc (OTCPK:SMKG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

20c Trolley Square, Wilmington, DE, USA, 19806

Website

https://www.smartcardmarketingsystems.com

Smart Card Marketing Systems Inc is a fintech and paytech company in specialized ecommerce, cloud and mobility marketplace and applications to the global banking, telecom, retail and digital realm markets. It is an entrepreneurial boutique technology company, providing business intelligence and digital transformation strategies with a proprietary portfolio of commercial strategies and wireframes for banking, enterprises, retail e-wallets, digital id, cross-border payments, blockchain, crypto issuing, chatbot ai, nft, e-KYC, digital workforce, events & media management, edtech, tele- med and transit-booking industries.