Innovative Holdings Alliance (Innovative Holdings Alliance) Cash-to-Debt : 0.06 (As of Aug. 2023)

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What is Innovative Holdings Alliance 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. Innovative Holdings Alliance's cash to debt ratio for the quarter that ended in Aug. 2023 was 0.06.

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, Innovative Holdings Alliance couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

IHAI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.06 Max: 0.06
Current: 0.06

During the past 0 years, Innovative Holdings Alliance's highest Cash to Debt Ratio was 0.06. The lowest was 0.06. And the median was 0.06.

IHAI's Cash-to-Debt is ranked worse than
80.46% of 481 companies
in the Diversified Financial Services industry
Industry Median: 2.56 vs IHAI: 0.06

Innovative Holdings Alliance Cash-to-Debt Historical Data

The historical data trend for Innovative Holdings Alliance'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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Innovative Holdings Alliance Cash-to-Debt Chart

Innovative Holdings Alliance Annual Data

Trend

Cash-to-Debt

Innovative Holdings Alliance Semi-Annual Data
	Aug22	Aug23
Cash-to-Debt	N/A	0.06

Competitive Comparison of Innovative Holdings Alliance's Cash-to-Debt

For the Shell Companies subindustry, Innovative Holdings Alliance'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.

Innovative Holdings Alliance's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovative Holdings Alliance's Cash-to-Debt distribution charts can be found below:

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

Innovative Holdings Alliance 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.

Innovative Holdings Alliance's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Innovative Holdings Alliance's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	0.02	/	(0.359	+	0)
	=	0.06

Innovative Holdings Alliance (OTCPK:IHAI) 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.

Innovative Holdings Alliance Cash-to-Debt Related Terms

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

Innovative Holdings Alliance (Innovative Holdings Alliance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovative Holdings Alliance Inc (OTCPK:IHAI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

12850 Hwy 9 North, Suite 600-462, Alpharetta, GA, USA, 30004

Website

https://www.innovativeholdingsalliance.com

Innovative Holdings Alliance Inc plans to participate in and acquire interests that are edge in their respective market niches and have expectations of enhancing shareholder value.

Innovative Holdings Alliance (Innovative Holdings Alliance) Headlines

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