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SharpLink Gaming (SharpLink Gaming) Cash-to-Debt : 0.19 (As of Dec. 2023)


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What is SharpLink Gaming 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. SharpLink Gaming's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.19.

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, SharpLink Gaming couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SBET' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19   Med: 6.92   Max: 36.76
Current: 0.19

During the past 5 years, SharpLink Gaming's highest Cash to Debt Ratio was 36.76. The lowest was 0.19. And the median was 6.92.

SBET's Cash-to-Debt is ranked worse than
69.32% of 818 companies
in the Travel & Leisure industry
Industry Median: 0.56 vs SBET: 0.19

SharpLink Gaming Cash-to-Debt Historical Data

The historical data trend for SharpLink Gaming'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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SharpLink Gaming Cash-to-Debt Chart

SharpLink Gaming Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
N/A 13.33 36.76 0.52 0.19

SharpLink Gaming Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 2.47 2.54 2.97 0.19

Competitive Comparison of SharpLink Gaming's Cash-to-Debt

For the Gambling subindustry, SharpLink Gaming'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.


SharpLink Gaming's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SharpLink Gaming's Cash-to-Debt distribution charts can be found below:

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



SharpLink Gaming 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.

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

SharpLink Gaming's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


SharpLink Gaming  (NAS:SBET) 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.


SharpLink Gaming Cash-to-Debt Related Terms

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


SharpLink Gaming (SharpLink Gaming) Business Description

Traded in Other Exchanges
N/A
Address
333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401
SharpLink Gaming Ltd is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The Company has four operating segments: Affiliate Marketing Services-United States, Sports Gaming Client Services, Enterprise Telecom Expense Management (TEM) and Affiliate Marketing Services-International. Most of the revenue earned is from United states.
Executives
Thomas A Doering director 10202 E. JOURNEY LANE, SCOTTSDALE AZ 85255
Robert Michael Delucia officer: Chief Financial Officer 4400 CARILLON POINT, KIRKLAND WA 98033
Scott J Pollei director C/O DOLAN MEDIA COMPANY, 706 SECOND AVENUE SOUTH, SUITE 1200, MINNEAPOLIS MN 55402
Paul Abdo director 6412 CHEROKEE TRAIL, EDINA MN 55439
Christopher J Nicholas director, officer: Chief Operating Officer 91 WESTBURY, AVON CT 06001
Rob Phythian director, officer: Chief Executive Officer 1886 ELEANOR AVENUE, ST. PAUL MN 55116
Joseph Clifford Housman director 6820 105TH TRN, BROOKLYN PARK MN 55445
David Jay Abbott officer: Chief Technology Officer 17713 KINGSWAY PATH, LAKEVILLE MN 55044
Adrienne Anderson director 5911 NW 58TH TERRACE, PARKLAND FL 33067
Mintbroker International, Ltd. 10 percent owner ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340