CCLX (CableClix) Debt-to-Asset : 31.01 (As of Oct. 2017)

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What is CableClix Debt-to-Asset?

CableClix CCLX -6.67% Debt-to-Asset is 31.01 as of Oct. 2017.

CableClix's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2017 was $0.54 Mil. CableClix's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2017 was $0.00 Mil. CableClix's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Oct. 2017 was $0.02 Mil. CableClix's debt to asset for the quarter that ended in Oct. 2017 was 31.01.

CableClix  (OTCPK:CCLX) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

CableClix Debt-to-Asset Related Terms

CableClix Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for CableClix's Debt-to-Asset 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.

CableClix Debt-to-Asset Chart

CableClix Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.46 0.07 0.14 4.79 5.98

CableClix Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.50 16.82 5.98 27.82 31.01

CCLX vs PTSXQ, ASKH, VNUE: Debt-to-Asset Comparison

For the Entertainment subindustry, CableClix's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

CableClix Debt-to-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CableClix's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CableClix's Debt-to-Asset falls into.


CableClix Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CableClix's Debt-to-Asset for the fiscal year that ended in Apr. 2017 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.540241 + 0) / 0.090357
=5.98

CableClix's Debt-to-Asset for the quarter that ended in Oct. 2017 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.541253 + 0) / 0.017453
=31.01

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 31.01 mean?
CableClix (CCLX) has a Debt-to-Asset of 31.01 as of Oct. 2017. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on CableClix and its competitors.
Is CableClix's Debt-to-Asset too high?
CableClix's current Debt-to-Asset is 31.01.
How does CableClix's Debt-to-Asset compare to PTSXQ and ASKH?
CableClix's Debt-to-Asset of 31.01 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Media - Diversified company?
A good Debt-to-Asset depends on the Media - Diversified industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on CableClix and its competitors. CableClix's current Debt-to-Asset is 31.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CableClix stock overvalued right now?
CableClix (CCLX) has a current Debt-to-Asset of 31.01. The current Debt-to-Asset is 31.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For CableClix (CCLX), the current Debt-to-Asset is 31.01 as of Oct. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CableClix Business Description

Address 304 South Jones Blvd, Las Vegas, NV, USA, 89107
CableClix (USA) Inc is a video streaming and catching company. It is involved in the business of bringing high-definition over-the-air broadcasts, free-to-air signals, and paid premium content over private networks owned by internet service providers directly to the customers of internet service providers. The firm's services include high-speed, high-definition, live, video-on-demand, and intelligent video delivery.