Haivision Systems (TSX:HAI) Cash-to-Debt

: 0.92 (As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

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. Haivision Systems's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.92.

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, Haivision Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

TSX:HAI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 1.34 Max: 6.47
Current: 0.92

During the past 7 years, Haivision Systems's highest Cash to Debt Ratio was 6.47. The lowest was 0.23. And the median was 1.34.

TSX:HAI's Cash-to-Debt is ranked worse than
65.77% of 2790 companies
in the Software industry
Industry Median: 2.425 vs TSX:HAI: 0.92

Haivision Systems Cash-to-Debt Historical Data

The historical data trend for Haivision Systems'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.

* Premium members only.

Haivision Systems Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

2.46

2.08

3.13

0.23

0.51

Haivision Systems Quarterly Data
	Oct18	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt																0.45	0.32	0.44	0.51	0.92

Competitive Comparison

For the Software - Infrastructure subindustry, Haivision Systems'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.

Haivision Systems Cash-to-Debt Distribution

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

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

Haivision Systems 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.

Haivision Systems's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	8.286	/	(7.337	+	8.839)
	=	0.51

Haivision Systems's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	13.043	/	(6.417	+	7.828)
	=	0.92

Haivision Systems (TSX:HAI) 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.

Haivision Systems Cash-to-Debt Related Terms

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

Haivision Systems (TSX:HAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Haivision Systems Inc (TSX:HAI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HAIVF:USA

Address

2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9

Website

https://www.haivision.com

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.

Haivision Systems (TSX:HAI) Headlines

No Headlines