Acusensus (ASX:ACE) Cash-to-Debt : 11.33 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Acusensus 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. Acusensus's cash to debt ratio for the quarter that ended in Jun. 2023 was 11.33.

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, Acusensus could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

ASX:ACE' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.33 Med: 11.41 Max: 11.48
Current: 11.33

During the past 2 years, Acusensus's highest Cash to Debt Ratio was 11.48. The lowest was 11.33. And the median was 11.41.

ASX:ACE's Cash-to-Debt is ranked better than
69.13% of 2718 companies
in the Software industry
Industry Median: 2.43 vs ASX:ACE: 11.33

Acusensus Cash-to-Debt Historical Data

The historical data trend for Acusensus'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.

Acusensus Cash-to-Debt Chart

Acusensus Annual Data

Trend

Jun22

Jun23

Cash-to-Debt

11.48

11.33

Acusensus Semi-Annual Data
	Jun22	Jun23
Cash-to-Debt	11.48	11.33

Competitive Comparison of Acusensus's Cash-to-Debt

For the Software - Infrastructure subindustry, Acusensus'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.

Acusensus's Cash-to-Debt Distribution in the Software Industry

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

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

Acusensus 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.

Acusensus's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	24.799	/	(1.488	+	0.7)
	=	11.33

Acusensus's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	24.799	/	(1.488	+	0.7)
	=	11.33

Acusensus (ASX:ACE) 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.

Acusensus Cash-to-Debt Related Terms

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

Acusensus (ASX:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Acusensus Ltd (ASX:ACE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Queen Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.acusensus.com

Acusensus Ltd is involved in developing and commercializing intelligent traffic solutions technology. Its 'Heads-Up' solution has been designed to give authorities a tool to address distraction and other illegal driver behavior, to drive behavioral change on the road network. It also provides Data security solutions. The company's main objective is to Pioneer intelligent solutions to tackle difficult societal challenges, reduce road trauma and save lives. Geographically the company generates the majority of its revenue from Australia.

Acusensus (ASX:ACE) Headlines

No Headlines