Illumin Holdings (Illumin Holdings) Cash-to-Debt : 6.41 (As of Sep. 2023)

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What is Illumin Holdings 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. Illumin Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 6.41.

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, Illumin Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

ILLMF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.46 Max: No Debt
Current: 6.41

During the past 12 years, Illumin Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.46.

ILLMF's Cash-to-Debt is ranked better than
71.8% of 1000 companies
in the Media - Diversified industry
Industry Median: 1.235 vs ILLMF: 6.41

Illumin Holdings Cash-to-Debt Historical Data

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

Illumin Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.30

0.27

1.32

9.29

7.91

Illumin Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															7.85	7.91	8.50	12.30	6.41

Competitive Comparison of Illumin Holdings's Cash-to-Debt

For the Advertising Agencies subindustry, Illumin Holdings'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.

Illumin Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

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

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

Illumin Holdings 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.

Illumin Holdings'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)
	=	63.262	/	(5.089	+	2.914)
	=	7.90

Illumin Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	44.212	/	(1.986	+	4.907)
	=	6.41

Illumin Holdings (OTCPK:ILLMF) 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.

Illumin Holdings Cash-to-Debt Related Terms

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Illumin Holdings (Illumin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Illumin Holdings Inc (OTCPK:ILLMF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

K3S0:Germany ILLM:Canada

Address

70 University Ave, Suite 1200, Toronto, ON, CAN, M5J 2M4

Website

https://www.illumin.com

Illumin Holdings Inc is a journey advertising platform that enables marketers to reach consumers at every stage of their journey by leveraging advanced machine learning algorithms and real-time data analytics. The company's mission is to illuminate the path for brands to connect with their customers through the power of data-driven advertising. illumin serves clients across North America, Latin America, and Europe.