GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Leveljump Healthcare Corp (TSXV:JUMP) » Definitions » Cash-to-Debt

Leveljump Healthcare (TSXV:JUMP) Cash-to-Debt : 0.18 (As of Sep. 2023)


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

What is Leveljump Healthcare 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. Leveljump Healthcare's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.18.

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, Leveljump Healthcare couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

TSXV:JUMP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.27   Max: 35.67
Current: 0.18

During the past 4 years, Leveljump Healthcare's highest Cash to Debt Ratio was 35.67. The lowest was 0.02. And the median was 0.27.

TSXV:JUMP's Cash-to-Debt is ranked worse than
82.33% of 232 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.35 vs TSXV:JUMP: 0.18

Leveljump Healthcare Cash-to-Debt Historical Data

The historical data trend for Leveljump Healthcare'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.

Leveljump Healthcare Cash-to-Debt Chart

Leveljump Healthcare Annual Data
Trend Aug19 Aug20 Dec21 Dec22
Cash-to-Debt
N/A N/A 28.00 0.02

Leveljump Healthcare Quarterly Data
Nov19 Aug20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.18 0.02 0.02 0.18

Competitive Comparison of Leveljump Healthcare's Cash-to-Debt

For the Diagnostics & Research subindustry, Leveljump Healthcare'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.


Leveljump Healthcare's Cash-to-Debt Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Leveljump Healthcare's Cash-to-Debt distribution charts can be found below:

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



Leveljump Healthcare 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.

Leveljump Healthcare's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Leveljump Healthcare's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

* 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.


Leveljump Healthcare  (TSXV:JUMP) 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.


Leveljump Healthcare Cash-to-Debt Related Terms

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


Leveljump Healthcare (TSXV:JUMP) Business Description

Traded in Other Exchanges
Address
85 Scarsdale Road, Suite 304, Toronto, ON, CAN, M3B 2R2
Leveljump Healthcare Corp is engaged in the business of providing radiology solutions for hospitals, emergency rooms, and private clinics. The company offers telehealth services that are designed to provide a doctor-to-doctor collaboration and diagnosis allowing effective patient care.

Leveljump Healthcare (TSXV:JUMP) Headlines

No Headlines