Audio Pixels Holdings (Audio Pixels Holdings) Cash-to-Debt : 0.55 (As of Jun. 2023)

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What is Audio Pixels Holdings 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. Audio Pixels Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.55.

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, Audio Pixels Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

ADPXY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 1.22 Max: No Debt
Current: 0.48

During the past 13 years, Audio Pixels Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.40. And the median was 1.22.

ADPXY's Cash-to-Debt is ranked worse than
74.09% of 2470 companies
in the Hardware industry
Industry Median: 1.38 vs ADPXY: 0.48

Audio Pixels Holdings Cash-to-Debt Historical Data

The historical data trend for Audio Pixels Holdings'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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Audio Pixels Holdings Cash-to-Debt Chart

Audio Pixels Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

9.57

17.63

0.43

0.40

0.48

Audio Pixels Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.43	2.97	0.40	0.55	0.48

Competitive Comparison of Audio Pixels Holdings's Cash-to-Debt

For the Consumer Electronics subindustry, Audio Pixels Holdings'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.

Audio Pixels Holdings's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Audio Pixels Holdings's Cash-to-Debt distribution charts can be found below:

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

Audio Pixels Holdings 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.

Audio Pixels Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	1.525	/	(3.183	+	0.03)
	=	0.47

Audio Pixels Holdings's Cash to Debt Ratio for the quarter 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)
	=	1.628	/	(2.958	+	0.019)
	=	0.55

Audio Pixels Holdings (OTCPK:ADPXY) 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.

Audio Pixels Holdings Cash-to-Debt Related Terms

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

Audio Pixels Holdings (Audio Pixels Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Audio Pixels Holdings Ltd (OTCPK:ADPXY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

GQ8:Germany AKP:Australia

Address

75 Elizabeth Street, Suite 3, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.audiopixels.com.au

Audio Pixels Holdings Ltd is engaged in the development of digital speaker's microchip by utilizing the technological platform for reproducing sound. The company operates in Australia and Israel. It operates through the digital speakers segment. The company's MEMS-GEN-II platform enables the market for audio speakers to follow the evolution of the video display market from large, heavy analog tube-based monitors to the digital flat panel displays of today.

Audio Pixels Holdings (Audio Pixels Holdings) Headlines

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