SoLVBL Solutions (SoLVBL Solutions) Cash-to-Debt : 1.68 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is SoLVBL Solutions 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. SoLVBL Solutions's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.68.

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, SoLVBL Solutions could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

SOLBF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 3.49 Max: No Debt
Current: 1.66

During the past 4 years, SoLVBL Solutions's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 3.49.

SOLBF's Cash-to-Debt is ranked worse than
56.48% of 2725 companies
in the Software industry
Industry Median: 2.49 vs SOLBF: 1.66

SoLVBL Solutions Cash-to-Debt Historical Data

The historical data trend for SoLVBL Solutions'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.

* Premium members only.

SoLVBL Solutions Cash-to-Debt Chart

SoLVBL Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.08

0.70

11.09

0.76

SoLVBL Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial													5.33	10.27	0.76	0.76	1.68

Competitive Comparison of SoLVBL Solutions's Cash-to-Debt

For the Software - Application subindustry, SoLVBL Solutions'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.

SoLVBL Solutions's Cash-to-Debt Distribution in the Software Industry

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

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

SoLVBL Solutions 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.

SoLVBL Solutions's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.032	/	(0	+	0.042)
	=	0.76

SoLVBL Solutions'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)
	=	0.074	/	(0	+	0.044)
	=	1.68

SoLVBL Solutions (OTCPK:SOLBF) 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.

SoLVBL Solutions Cash-to-Debt Related Terms

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

SoLVBL Solutions (SoLVBL Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoLVBL Solutions Inc (OTCPK:SOLBF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SOLV:Canada

Address

100 King Street West, First Canadian Place, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.solvbl.com

SoLVBL Solutions Inc is a solution engineering company specializing in applications that address critical data integrity problems. Its products and services include a Supply-chain ecosystem, which enables a single entity to monitor, measure, and manage its inventory and supply management; and a Tracking system that provides a level of security by registering tracker profiles on the ledger using a 256-bit hash. It generates revenue through the sale of services for Blockchain software products.

SoLVBL Solutions (SoLVBL Solutions) Headlines

From GuruFocus

The Power Play by The Market Herald Announces Interviews with SoLVBL Solutions, Xebra Brands Ltd., Prophecy DeFi, and Max Resource on Latest Company News

By ACCESSWIRE ACCESSWIRE • 10-20-2021