Friendable (Friendable) Cash-to-Debt

: 0.04 (As of Sep. 2022)

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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. Friendable's cash to debt ratio for the quarter that ended in Sep. 2022 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, Friendable couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

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

FDBL's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.415
* Ranked among companies with meaningful Cash-to-Debt only.

Friendable Cash-to-Debt Historical Data

The historical data trend for Friendable'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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Friendable Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

0.16

0.26

1.32

Friendable Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt																2.90	1.32	1.13	0.15	0.04

Competitive Comparison

For the Software - Application subindustry, Friendable'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.

Friendable Cash-to-Debt Distribution

For the Software industry and Technology sector, Friendable's Cash-to-Debt distribution charts can be found below:

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

Friendable 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.

Friendable's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	0.254	/	(0.193	+	0)
	=	1.32

Friendable's Cash to Debt Ratio for the quarter that ended in Sep. 2022 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)
	=	0.006	/	(0.163	+	0)
	=	0.04

Friendable (OTCPK:FDBL) 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.

Friendable Cash-to-Debt Related Terms

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

Friendable (Friendable) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Friendable Inc (OTCPK:FDBL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1821 S Bascom Avenue, Suite 353, Campbell, CA, USA, 95008

Website

https://www.friendable.com

Friendable Inc is a mobile-focused technology and marketing company, that connects and engages with its users. The company's products and services include The Fan Pass Live music which is a subscription-based app and the online subscription-based Artist Republik suite of artist-centric services that include music distribution for artists, while fans can enjoy access to a variety of artist channels across different genres, exclusive live events, behind-the-scenes content, artist merchandising. The FeaturedX business segment provides a place where artists can book a guest feature, co-write, composition or live instrumental tracking for artists releasing their next single or looking to extend reach and exposure by tapping into these available resources for music production and collaboration.

Executives

Rositano Robert A Jr	director, officer: CEO & Secretary	1696 DELL AVENUE, CAMPBELL CA 95008
Dean Rositano	director, officer: President & CTO	1696 DELL AVENUE, CAMPBELL CA 95008
Copper Creek Holdings, Llc	10 percent owner	3846 MOANNA WAY, SANTA CRUZ CA 95062
Stacy L. Rositano	10 percent owner	3846 MOANNA WAY, SANTA CRUZ CA 95062
Andrew A Brodkey	director, officer: President and CEO	4960 N. CAMINO ANTONIO, TUSCON AZ 85718
Frank Garcia	officer: CFO	3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719
Ronald Richman	director	3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719
Jodi Henderson	officer: Corporate Secretary	7033 EAST CALLE BETELGEUX, TUCSON AZ 85710
David Hackman	officer: VP of Exploration	3040 NORTH CAMPBELL AVE., SUITE 110, TUCSON AZ 85719
David Ohad	director, 10 percent owner, officer: PRESIDENT	HANCHALA 2, #5023, PARDES HANNA - KARKU L3 37000

Friendable (Friendable) Headlines

From GuruFocus

Friendable's Fan Pass Live and 360 Artist Platform Lands Exclusive Sponsorship as Music Artist Bigga$tate Prepares for the Iowa Summer Jam Tour Kicking off June 11, 2022

By GuruFocusNews GuruFocusNews • 07-09-2022

Friendable's Fan Pass Live and 360 Indie Music Artist Offering Announces Key Metrics & Market Penetration Data to Support Its Next Phase of Expansion, Exposure, & Service Offerings, to Include VIP Backstage Streaming, Metaverse Land & More

By GlobeNewswire GlobeNewswire • 06-14-2022

Friendable's 360 Music Artist Offering Sees Increases in Revenue, Website Traffic and General Artist Interest to Its FeaturedX Branded Service Offering as FeaturedX Revenues Surpass $168,000 From January 2022 to Date

By PurpleRose PurpleRose • 07-13-2022

Friendable Reducing 2023 Operating Expenses by Approximately $1M Dollars, and Leverages Several Years of Technology Assets for New Opportunities

By sperokesalga sperokesalga • 03-21-2023

Friendable Identifies New Opportunity Following TikTok CEO's Meeting With US Congress March 23, 2023, Allocating Resources to Complete a TikTok Competitive App or White-Label Offering Leveraging Existing and Proprietary Technologies

By sperokesalga sperokesalga • 03-29-2023

By GlobeNewswire GlobeNewswire • 03-29-2023

By PurpleRose PurpleRose • 07-14-2022

By GuruFocusNews GuruFocusNews • 07-04-2022

Friendable Acquires OnlyFanPass.com as the Company Adds Additional Opportunity for Its Technology to Compete in the OnlyFans Marketplace

By GlobeNewswire GlobeNewswire • 04-24-2023

By GuruFocusNews GuruFocusNews • 06-14-2022