Flexiroam (ASX:FRX) Cash-to-Debt : 1.90 (As of Dec. 2023)

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What is Flexiroam 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. Flexiroam's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.90.

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

(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 Flexiroam's Cash-to-Debt or its related term are showing as below:

ASX:FRX' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.9 Med: 84.46 Max: No Debt
Current: 1.9

During the past 8 years, Flexiroam's highest Cash to Debt Ratio was No Debt. The lowest was 1.90. And the median was 84.46.

ASX:FRX's Cash-to-Debt is ranked better than
76.56% of 384 companies
in the Telecommunication Services industry
Industry Median: 0.345 vs ASX:FRX: 1.90

Flexiroam Cash-to-Debt Historical Data

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

Flexiroam Annual Data

Trend

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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18.86

51.33

936.67

No Debt

Flexiroam Semi-Annual Data
	Jun15	Dec15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial												No Debt	No Debt	No Debt	No Debt	1.90

Competitive Comparison of Flexiroam's Cash-to-Debt

For the Telecom Services subindustry, Flexiroam'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.

Flexiroam's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Flexiroam's Cash-to-Debt distribution charts can be found below:

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

Flexiroam 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.

Flexiroam's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Flexiroam had no debt ⁽¹⁾.

Flexiroam'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)
	=	0.759	/	(0.4	+	0)
	=	1.90

Flexiroam (ASX:FRX) 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.

Flexiroam Cash-to-Debt Related Terms

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

Flexiroam (ASX:FRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Flexiroam Ltd (ASX:FRX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Jalan SS21/37, Damansara Utama, Lot 4-401 & 4-402, Level 4, The Starling Mall, Petaling Jaya, SGR, MYS, 47400

Website

https://www.flexiroam.com

Flexiroam Ltd is a virtual network operator that offers voice and data roaming services across the globe. The operating segment includes Travel and Solution. Their product line includes Flexiroam App and Flexiroam X. Corporate sales generate maximum revenue for the company.