Tiberius Acquisition (Tiberius Acquisition) Cash-to-Debt : 0.04 (As of Dec. 2019)

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What is Tiberius Acquisition 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. Tiberius Acquisition's cash to debt ratio for the quarter that ended in Dec. 2019 was 0.04.

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, Tiberius Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2019.

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

TIBRU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.19
Current: 0.04

During the past 4 years, Tiberius Acquisition's highest Cash to Debt Ratio was 0.19. The lowest was 0.02. And the median was 0.09.

TIBRU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.37 vs TIBRU: 0.04

Tiberius Acquisition Cash-to-Debt Historical Data

The historical data trend for Tiberius Acquisition'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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Tiberius Acquisition Cash-to-Debt Chart

Tiberius Acquisition Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

0.15

0.02

0.19

0.04

Tiberius Acquisition Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Cash-to-Debt	Get a 7-Day Free Trial								0.19	0.12	0.03	0.03	0.04

Competitive Comparison of Tiberius Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Tiberius Acquisition'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.

Tiberius Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Tiberius Acquisition 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.

Tiberius Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
	=	0.079	/	(0	+	2.225)
	=	0.04

Tiberius Acquisition's Cash to Debt Ratio for the quarter that ended in Dec. 2019 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)
	=	0.079	/	(0	+	2.225)
	=	0.04

Tiberius Acquisition (NAS:TIBRU) 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.

Tiberius Acquisition Cash-to-Debt Related Terms

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Tiberius Acquisition (Tiberius Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tiberius Acquisition Corp (NAS:TIBRU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3601 N Interstate 10 Service Road W, Metairie, LA, USA, 70002

Website

http://www.tiberiusco.com

Tiberius Acquisition Corp is a blank check company.

Executives

Bradley C Allen Jr	director	AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
John D Vollaro	director	WESSEX HOUSE 3RD FLOOR, 45 REID STREET, HAMILTON D0 HM12
John W Hayden	director