SAI.TECH Global (SAI.TECH Global) Cash-to-Debt : 4.02 (As of Dec. 2023)

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What is SAI.TECH Global 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. SAI.TECH Global's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.02.

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, SAI.TECH Global could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SAI' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.02 Med: 101.75 Max: No Debt
Current: 4.02

During the past 5 years, SAI.TECH Global's highest Cash to Debt Ratio was No Debt. The lowest was 4.02. And the median was 101.75.

SAI's Cash-to-Debt is ranked better than
69.71% of 789 companies
in the Capital Markets industry
Industry Median: 1.76 vs SAI: 4.02

SAI.TECH Global Cash-to-Debt Historical Data

The historical data trend for SAI.TECH Global'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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SAI.TECH Global Cash-to-Debt Chart

SAI.TECH Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

101.75

26.80

4.02

SAI.TECH Global Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			101.75	40.54	26.80	13.29	4.02

Competitive Comparison of SAI.TECH Global's Cash-to-Debt

For the Capital Markets subindustry, SAI.TECH Global'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.

SAI.TECH Global's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SAI.TECH Global's Cash-to-Debt distribution charts can be found below:

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

SAI.TECH Global 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.

SAI.TECH Global'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)
	=	3.257	/	(0.241	+	0.569)
	=	4.02

SAI.TECH Global's Cash to Debt Ratio for the quarter 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)
	=	3.257	/	(0.241	+	0.569)
	=	4.02

SAI.TECH Global (NAS:SAI) 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.

SAI.TECH Global Cash-to-Debt Related Terms

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SAI.TECH Global (SAI.TECH Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAI.TECH Global Corp (NAS:SAI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

195 Pearl’s Hill Terrace, Number 01-05, Singapore, SGP, 168976

Website

https://www.sai.tech

SAI.TECH Global Corp is an energy saving mining operator that engages in the hosting of bitcoin mining machines for its clients. It uses a proprietary liquid cooling and heat exchange technology towards mining machines that enables utilization of waste heat to provide recycled energy heating for potential customers while achieving lower mining operating costs. The Company has two reportable segments namely equipment sales & hosting and mining pool business.

Executives

Michael Davidov	director	60 EAST 42 STREET, NEW YORK NY 10165
Tao Jiang	director	3 STONER AVE, GREAT NECK NY 11021
Luqi Wen	officer: CFO and Secretary	3 STONER AVE, GREAT NECK NY 11021
Jianwei Li	director, 10 percent owner, officer: Chairman and Co-CEO	3 STONER AVE, GREAT NECK NY 11021
David Xianglin Li	director	3 STONER AVE, GREAT NECK NY 11021
Tradeup Global Sponsor Llc	director, 10 percent owner	3 STONER AVE, GREAT NECK NY 11021
Lei Huang	officer: Co-Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021