WordLogic (WordLogic) Cash-to-Debt : 0.00 (As of Dec. 2015)

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What is WordLogic 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. WordLogic's cash to debt ratio for the quarter that ended in Dec. 2015 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, WordLogic couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2015.

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

WLGC's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.535
* Ranked among companies with meaningful Cash-to-Debt only.

WordLogic Cash-to-Debt Historical Data

The historical data trend for WordLogic'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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WordLogic Cash-to-Debt Chart

WordLogic Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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0.34

No Debt

0.12

WordLogic Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.13	0.09	-	-

Competitive Comparison of WordLogic's Cash-to-Debt

For the Software - Application subindustry, WordLogic'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.

WordLogic's Cash-to-Debt Distribution in the Software Industry

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

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

WordLogic 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.

WordLogic's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
	=	0.001	/	(0.505	+	0)
	=	0.00

WordLogic's Cash to Debt Ratio for the quarter that ended in Dec. 2015 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)
	=	0.001	/	(0.505	+	0)
	=	0.00

WordLogic (GREY:WLGC) 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.

WordLogic Cash-to-Debt Related Terms

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WordLogic (WordLogic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WordLogic Corp (GREY:WLGC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

1130 West Pender Street, Suite 230, Vancouver, BC, CAN, V6E 4A4

Website

http://www.wordlogic.com

WordLogic Corp is a software company. Principally, it develops, markets, licenses and sells predictive text solutions to accelerate the entry and retrieval of text and information on smartphones, tablets, hybrid touchscreen devices, wearables, and car systems. Primarily, its business consists of development and commercialization of data entry software for handheld computing devices. The company's Reach technology assists in advertising search to create new revenue opportunities through partnerships with online deal consolidator and advertisers. Additionally, it also provides easy access without switching between applications or exiting the message compose screen to access relevant information.

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