TORtec Group (TORtec Group) Cash-to-Debt

: N/A (As of Dec. 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. TORtec Group's cash to debt ratio for the quarter that ended in Dec. 2022 was N/A.

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

TRTK's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.31
* Ranked among companies with meaningful Cash-to-Debt only.

TORtec Group Cash-to-Debt Historical Data

The historical data trend for TORtec Group'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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TORtec Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash-to-Debt

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No Debt

N/A

TORtec Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial															N/A	N/A	N/A	No Debt	N/A

Competitive Comparison

For the Shell Companies subindustry, TORtec Group'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.

TORtec Group Cash-to-Debt Distribution

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

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

TORtec Group 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.

TORtec Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

TORtec Group's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

TORtec Group (OTCPK:TRTK) 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.

TORtec Group Cash-to-Debt Related Terms

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TORtec Group (TORtec Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TORtec Group Corp (OTCPK:TRTK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 North Gould Street, Suite 2489, Sheridan, WY, USA, 82801

Website

https://www.tortec.group

TORtec Group Corp has no operations.

Executives

Sorensen Asael T. Jr.	director	708 CHERAPPLE CIRCLE, OREM UT 84097
Stephen H Smoot	director, officer: President and CEO	6250 PARTRIDGE WAY, AMMON ID 83406
Merdan Atayev	officer: Vice President	AFZA OFFICE NO SM NO F1-222C, DUBAI C0 00000
Mayrbek Artsuev	10 percent owner	OSENNIY BOULEVARD 5, BUILDING 3, AP.882, MOSCOW 1Z 121609
Franc Smidt	director, 10 percent owner, officer: Chairman of the Board	PAPUR 25, B. 33, BISTRITSA/MALINOVA DOLI, SOFIA E0 1756
Alex Schmidt	director, 10 percent owner, officer: Vice President	FLAT 108, LEONIDOU 10, LIVADIA (LARNACA) G4 7060
Biologos Gmbh Tor	10 percent owner	ROTHAUSSTRASSE 61, MUTTENZ V8 4132
Irina Kochetkova	director, officer: Secretary and Treasurer	NIKOLAEVA STR. 4, FL. 13, NIKOLAEVA 1Z 123100
Maksim Goncharenko	director, 10 percent owner	AVIATCIONNAYA STREET 79-29, MOSCOW 1Z 123182
Center Gmbh Mtm	10 percent owner	FERINGASTRASSE 6, UNTERFOHRING, MUNICH 2M 85774
William C Lachmar	director, officer: President and Treasurer	13342 BOW PLACE, SANTA ANA CA 92705
Jeffrey R Brimhall	officer: Secretary	470 WINTERTHUR WAY, HIGHLANDS RANCH CO 80129

TORtec Group (TORtec Group) Headlines

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