Venzee Technologies (TSXV:VENZ) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Venzee Technologies 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. Venzee Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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

TSXV:VENZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 22.4 Max: No Debt
Current: 0.07

During the past 13 years, Venzee Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 22.40.

TSXV:VENZ's Cash-to-Debt is ranked worse than
93.69% of 2725 companies
in the Software industry
Industry Median: 2.49 vs TSXV:VENZ: 0.07

Venzee Technologies Cash-to-Debt Historical Data

The historical data trend for Venzee Technologies'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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Venzee Technologies Cash-to-Debt Chart

Venzee Technologies Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

22.40

0.60

28.28

11.40

Venzee Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.31	0.02	0.18	0.07	0.07

Competitive Comparison of Venzee Technologies's Cash-to-Debt

For the Software - Infrastructure subindustry, Venzee Technologies'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.

Venzee Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

Venzee Technologies 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.

Venzee Technologies'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)
	=	0.684	/	(0.06	+	0)
	=	11.40

Venzee Technologies'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)
	=	0.067	/	(0.318	+	0.694)
	=	0.07

Venzee Technologies (TSXV:VENZ) 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.

Venzee Technologies Cash-to-Debt Related Terms

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

Venzee Technologies (TSXV:VENZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Venzee Technologies Inc (TSXV:VENZ) » Definitions » Cash-to-Debt

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VENZF:USA

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.venzee.com

Venzee Technologies Inc is engaged in developing software infrastructure retailers. It develops and markets a cloud-based platform that suppliers and manufacturers from multiple industries use to share their product information and inventory updates, in real-time, with their retailers. The Company operates in one operating segment, which is a cloud-based platform solution targeted to online retailers and vendors. Geographically, the company generates a majority of revenue from the United States.

Executives

Darren Battersby

Senior Officer

Venzee Technologies (TSXV:VENZ) Headlines

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