4DMedical (ASX:4DX) Cash-to-Debt : 10.51 (As of Dec. 2023)

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What is 4DMedical 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. 4DMedical's cash to debt ratio for the quarter that ended in Dec. 2023 was 10.51.

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, 4DMedical could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for 4DMedical's Cash-to-Debt or its related term are showing as below:

ASX:4DX' s Cash-to-Debt Range Over the Past 10 Years
Min: 8.02 Med: 29.94 Max: 55.18
Current: 10.51

During the past 3 years, 4DMedical's highest Cash to Debt Ratio was 55.18. The lowest was 8.02. And the median was 29.94.

ASX:4DX's Cash-to-Debt is ranked better than
73.09% of 862 companies
in the Medical Devices & Instruments industry
Industry Median: 2.03 vs ASX:4DX: 10.51

4DMedical Cash-to-Debt Historical Data

The historical data trend for 4DMedical'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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4DMedical Cash-to-Debt Chart

4DMedical Annual Data

Trend

Jun21

Jun22

Jun23

Cash-to-Debt

47.92

8.19

13.54

4DMedical Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			46.34	8.19	8.02	13.54	10.51

Competitive Comparison of 4DMedical's Cash-to-Debt

For the Medical Devices subindustry, 4DMedical'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.

4DMedical's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, 4DMedical's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where 4DMedical's Cash-to-Debt falls into.

4DMedical 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.

4DMedical's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	69.576	/	(0.933	+	4.206)
	=	13.54

4DMedical'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)
	=	47.879	/	(0.647	+	3.908)
	=	10.51

4DMedical (ASX:4DX) 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.

4DMedical Cash-to-Debt Related Terms

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4DMedical (ASX:4DX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » 4DMedical Ltd (ASX:4DX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FDMDF:USA

Address

700 Swanston Street, Level 7, Melbourne Connect, Carlton, VIC, AUS, 3053

Website

https://www.4dmedical.com

4DMedical Ltd is a company whose principal activities is medical research technology and the development of a non?invasive respiratory imaging solution using four?dimensional imaging. The four-dimensional lung imaging technology utilises mathematics models and algorithms to convert X-ray scans into quantitative data which helps the physicians to manage patients with respiratory diseases and diseases of the lung.

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