Tech Robotics (WAR:NGD) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Tech Robotics 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. Tech Robotics's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

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, Tech Robotics could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) 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.

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

WAR:NGD' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, Tech Robotics's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

WAR:NGD's Cash-to-Debt is ranked better than
99.83% of 576 companies
in the Interactive Media industry
Industry Median: 4.95 vs WAR:NGD: No Debt

Tech Robotics Cash-to-Debt Historical Data

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

Tech Robotics Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

Tech Robotics Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	N/A	No Debt	No Debt	No Debt

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

For the Electronic Gaming & Multimedia subindustry, Tech Robotics'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.

Tech Robotics's Cash-to-Debt Distribution in the Interactive Media Industry

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

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

Tech Robotics 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.

Tech Robotics's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Tech Robotics had no debt ⁽¹⁾.

Tech Robotics's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Tech Robotics had no debt ⁽¹⁾.

Tech Robotics (WAR:NGD) 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.

Tech Robotics Cash-to-Debt Related Terms

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

Tech Robotics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tech Robotics SA (WAR:NGD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Dzika 15/13, Warszawa, POL, 00-172

Website

https://nogravitydevelopment.com

Tech Robotics SA formerly No Gravity Development SA operates as an independent development studio created by the listed computer game publisher No Gravity Games SA. It specializes mainly in porting (transferring from one hardware platform to another) games while maintaining the highest quality standards, with particular emphasis on console platforms, i.e. Nintendo Switch, Xbox One, Xbox Series, PlayStation 4, and PlayStation 5.