Sunway Network (WAR:SNN) Cash-to-Debt : 0.28 (As of Mar. 2024)

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What is Sunway Network 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. Sunway Network's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.28.

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, Sunway Network couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 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 Sunway Network's Cash-to-Debt or its related term are showing as below:

WAR:SNN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: No Debt Max: No Debt
Current: 0.28

During the past 3 years, Sunway Network's highest Cash to Debt Ratio was No Debt. The lowest was 0.28. And the median was No Debt.

WAR:SNN's Cash-to-Debt is ranked worse than
82.82% of 2800 companies
in the Software industry
Industry Median: 2.55 vs WAR:SNN: 0.28

Sunway Network Cash-to-Debt Historical Data

The historical data trend for Sunway Network'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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Sunway Network Cash-to-Debt Chart

Sunway Network Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

Sunway Network Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	N/A	No Debt	No Debt	0.28

Competitive Comparison of Sunway Network's Cash-to-Debt

For the Information Technology Services subindustry, Sunway Network'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.

Sunway Network's Cash-to-Debt Distribution in the Software Industry

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

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

Sunway Network 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.

Sunway Network's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Sunway Network had no debt ⁽¹⁾.

Sunway Network's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	0.057	/	(0.204	+	0)
	=	0.28

Sunway Network (WAR:SNN) 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.

Sunway Network Cash-to-Debt Related Terms

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Sunway Network (WAR:SNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sunway Network SA (WAR:SNN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul. Lekka 3 lok. U4, Warsaw, POL, 01-910

Website

https://www.prostagielda.pl

Sunway Network SA Formerly Prosta Gielda SA offers comprehensive solutions for companies and startups. It engages in the creation and implementation of IT solutions and systems intended for business entities, as well as the maintenance and development of these solutions.