South Mountain Merger (South Mountain Merger) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2020)

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What is South Mountain Merger 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. South Mountain Merger's cash to debt ratio for the quarter that ended in Sep. 2020 was No Debt ⁽¹⁾.

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, South Mountain Merger could pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.

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

SMMC's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.34
* Ranked among companies with meaningful Cash-to-Debt only.

South Mountain Merger Cash-to-Debt Historical Data

The historical data trend for South Mountain Merger'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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South Mountain Merger Cash-to-Debt Chart

South Mountain Merger Annual Data

Trend

Dec19

Cash-to-Debt

No Debt

South Mountain Merger Quarterly Data
	Apr19	Sep19	Mar20	Jun20	Sep20
Cash-to-Debt	No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of South Mountain Merger's Cash-to-Debt

For the Shell Companies subindustry, South Mountain Merger'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.

South Mountain Merger's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, South Mountain Merger's Cash-to-Debt distribution charts can be found below:

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

South Mountain Merger 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.

South Mountain Merger's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

South Mountain Merger had no debt ⁽¹⁾.

South Mountain Merger's Cash to Debt Ratio for the quarter that ended in Sep. 2020 is calculated as:

South Mountain Merger had no debt ⁽¹⁾.

South Mountain Merger (NAS:SMMC) 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.

South Mountain Merger Cash-to-Debt Related Terms

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South Mountain Merger (South Mountain Merger) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » South Mountain Merger Corp (NAS:SMMC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

767 Fifth Avenue, 9th Floor, New York, NY, USA, 10153

Website

https://www.southmountainmerger.com

South Mountain Merger Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.