Hero Technologies (Hero Technologies) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

Hero Technologies Cash-to-Debt Chart

Hero Technologies Annual Data
	Trend	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec20	Dec21	Dec22
Cash-to-Debt		Get a 7-Day Free Trial					0.01	0.01	0.20	1.02	0.05

Hero Technologies Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Mar18	Jun18	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.65	0.05	0.03	No Debt	No Debt

Competitive Comparison of Hero Technologies's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Hero Technologies'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.

Hero Technologies's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hero Technologies's Cash-to-Debt distribution charts can be found below:

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

Hero Technologies 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.

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

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

Hero Technologies had no debt ⁽¹⁾.

* 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.

Hero Technologies  (OTCPK:HENC) 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.

Hero Technologies Cash-to-Debt Related Terms

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Hero Technologies (Hero Technologies) Business Description