SPTY (Specificity) Cash-to-Debt : 0.14 (As of Dec. 2023)

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What is Specificity 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. Specificity's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

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

SPTY's Cash-to-Debt is not ranked ^*
in the Media - Diversified industry.
Industry Median: 1.29
* Ranked among companies with meaningful Cash-to-Debt only.

Specificity Cash-to-Debt Historical Data

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

Specificity Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

7.23

0.64

0.02

0.14

Specificity Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							0.02	0.04	0.01	-	0.14

Competitive Comparison of Specificity's Cash-to-Debt

For the Advertising Agencies subindustry, Specificity'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.

Specificity's Cash-to-Debt Distribution in the Media - Diversified Industry

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

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

Specificity 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.

Specificity'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)
	=	0.187	/	(0.344	+	1)
	=	0.14

Specificity's Cash to Debt Ratio for the quarter 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)
	=	0.187	/	(0.344	+	1)
	=	0.14

Specificity (OTCPK:SPTY) 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.

Specificity Cash-to-Debt Related Terms

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

Specificity Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Specificity Inc (OTCPK:SPTY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3850 Deer Drive, Unit 1416, Lakewood Ranch, FL, USA, 34202

Website

https://www.specificityinc.com

Specificity Inc is a full-service digital marketing firm that delivers cutting-edge marketing solutions to business to business clients as well as business to consumer clients. It also implements intuitive ad sequencing, audience ID technology, AI integration, saturation modeling, conversion funneling, CRM integration, traffic resolution, and comprehensive analytics reporting. The company principally generates revenue from its digital marketing solution SPECIFICITY. Its other marketing solutions in different stages of development are; Tradigital Partners, Put-Thru, and Pick Pocket. The company also engages in adhoc marketing services for a fee and includes email marketing, automated marketing, content marketing, and social media content creation among others.

Executives

Jason Allen Wood	director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER	14213 SUNDIAL PL, LAKEWOOD RANCH FL 34202-5894
Kevin Frisbie	director	PO BOX 714, LEWISTON ME 04243
William Mark Anderson	director, officer: CHIEF OPERATING OFFICER	2215 E 4TH AVE, TAMPA FL 33605-5409