FLOWSPARKS NV (XBRU:FLSP) Cash-to-Debt : 24.23 (As of Dec. 2022)

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What is FLOWSPARKS NV 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. FLOWSPARKS NV's cash to debt ratio for the quarter that ended in Dec. 2022 was 24.23.

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, FLOWSPARKS NV could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

XBRU:FLSP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 1.05 Max: 24.23
Current: 24.23

During the past 13 years, FLOWSPARKS NV's highest Cash to Debt Ratio was 24.23. The lowest was 0.11. And the median was 1.05.

XBRU:FLSP's Cash-to-Debt is ranked better than
82.51% of 263 companies
in the Education industry
Industry Median: 1.13 vs XBRU:FLSP: 24.23

FLOWSPARKS NV Cash-to-Debt Historical Data

The historical data trend for FLOWSPARKS NV'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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FLOWSPARKS NV Cash-to-Debt Chart

FLOWSPARKS NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

7.36

1.39

4.26

7.65

24.23

FLOWSPARKS NV Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash-to-Debt	Get a 7-Day Free Trial											7.36	1.39	4.26	7.65	24.23

Competitive Comparison of FLOWSPARKS NV's Cash-to-Debt

For the Education & Training Services subindustry, FLOWSPARKS NV'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.

FLOWSPARKS NV's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, FLOWSPARKS NV's Cash-to-Debt distribution charts can be found below:

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

FLOWSPARKS NV 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.

FLOWSPARKS NV's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	3.392	/	(0	+	0.14)
	=	24.23

FLOWSPARKS NV's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	3.392	/	(0	+	0.14)
	=	24.23

FLOWSPARKS NV (XBRU:FLSP) 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.

FLOWSPARKS NV Cash-to-Debt Related Terms

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FLOWSPARKS NV (XBRU:FLSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » FLOWSPARKS NV (XBRU:FLSP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ottergemsesteenweg- Zuid 808, PO Box B545, Ghent, BEL, 9000

Website

https://www.flowsparks.com

FLOWSPARKS NV is engaged in providing online educational services. The company creates custom-made learning solutions for the target group. It offers to learn management systems, syllabus tracking services, smart templates, and other related tools.