LPIX (LogiPix International) Cash-to-Debt : 0.00 (As of Aug. 2023)

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What is LogiPix International 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. LogiPix International's cash to debt ratio for the quarter that ended in Aug. 2023 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, LogiPix International couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

LPIX's Cash-to-Debt is not ranked ^*
in the Construction industry.
Industry Median: 0.63
* Ranked among companies with meaningful Cash-to-Debt only.

LogiPix International Cash-to-Debt Historical Data

The historical data trend for LogiPix International'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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LogiPix International Cash-to-Debt Chart

LogiPix International Annual Data

Trend

Feb01

Feb02

Feb03

Feb04

Feb05

Feb06

Feb07

Feb08

Cash-to-Debt

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0.33

0.97

0.21

LogiPix International Semi-Annual Data
	Feb01	Feb02	Aug02	Feb03	Aug03	Feb04	Aug04	Feb05	Aug05	Feb06	Aug06	Feb07	Aug07	Feb08	Aug08	Aug22	Aug23
Cash-to-Debt	Get a 7-Day Free Trial												0.44	0.21	0.09	N/A	-

Competitive Comparison of LogiPix International's Cash-to-Debt

For the Building Products & Equipment subindustry, LogiPix International'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.

LogiPix International's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, LogiPix International's Cash-to-Debt distribution charts can be found below:

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

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LogiPix International 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.

LogiPix International's Cash to Debt Ratio for the fiscal year that ended in Feb. 2008 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)
	=	0.578	/	(2.815	+	0)
	=	0.21

LogiPix International's Cash to Debt Ratio for the quarter that ended in Aug. 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	/	(0.002	+	0)
	=	0.00

LogiPix International (OTCPK:LPIX) 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.

LogiPix International Cash-to-Debt Related Terms

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LogiPix International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LogiPix International Corp (OTCPK:LPIX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 East Leigh Street, Suite 11, Richmond, VA, USA, 23219

Website

https://www.logipix.com

LogiPix International Corp is a technological company. It develops and manufactures intelligent video monitoring solutions specifically for complex large-scale projects encompassing wide areas. Its solutions Airside Augmented Reality, Digital Tower Video for Airport, Border Surveillance, Highway Surveillance, and others.

Executives

Joseph W Parker	director, 10 percent owner, officer: President/CEO	8113 75TH STREET SW, LAKEWOOD WA 98498
Parker Transnational Industries Llc	10 percent owner	8113 75TH ST. SW, LAKEWOOD WA 98498
Daniel C Goldman	officer: CFO	24215 13TH PLACE W, BOTHELL WA 98021

LogiPix International Headlines

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