ATW Tech (TSXV:ATW) Cash-to-Debt : 0.03 (As of Sep. 2023)

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What is ATW Tech 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. ATW Tech's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.03.

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, ATW Tech couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

TSXV:ATW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.13 Max: No Debt
Current: 0.03

During the past 13 years, ATW Tech's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.13.

TSXV:ATW's Cash-to-Debt is not ranked
in the Software industry.
Industry Median: 2.525 vs TSXV:ATW: 0.03

ATW Tech Cash-to-Debt Historical Data

The historical data trend for ATW Tech'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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ATW Tech Cash-to-Debt Chart

ATW Tech Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.03

0.02

0.80

0.59

0.02

ATW Tech Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.02	0.03	0.05	0.03

Competitive Comparison of ATW Tech's Cash-to-Debt

For the Software - Infrastructure subindustry, ATW Tech'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.

ATW Tech's Cash-to-Debt Distribution in the Software Industry

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

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

ATW Tech 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.

ATW Tech'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)
	=	0.022	/	(1.262	+	0)
	=	0.02

ATW Tech's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.083	/	(2.509	+	0.084)
	=	0.03

ATW Tech (TSXV:ATW) 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.

ATW Tech Cash-to-Debt Related Terms

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

ATW Tech (TSXV:ATW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ATW Tech Inc (TSXV:ATW) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

1050 de la Montagne Street, Suite 400, Montreal, QC, CAN, H3G 1Y8

Website

https://www.atwtech.com

ATW Tech Inc is a financial technology company owning several web platforms including VoxTel, VuduMobile, Option.vote and Bloomed. The Communication segment offers various interactive communication and payment solutions, including carrier billing. Its Psychometric assessment segment offered assistance to businesses and mass markets in talent optimization and human capital development. Geographic segments include Canada, the United States, Europe, and other countries of which Europe region generates maximum revenue.

Executives