Tialis Essential IT (LSE:TIA) Cash-to-Debt : 0.06 (As of Dec. 2023)

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What is Tialis Essential IT 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. Tialis Essential IT's cash to debt ratio for the quarter that ended in Dec. 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, Tialis Essential IT couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:TIA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: No Debt
Current: 0.06

During the past 13 years, Tialis Essential IT's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.09.

LSE:TIA's Cash-to-Debt is ranked worse than
94.56% of 2723 companies
in the Software industry
Industry Median: 2.49 vs LSE:TIA: 0.06

Tialis Essential IT Cash-to-Debt Historical Data

The historical data trend for Tialis Essential IT'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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Tialis Essential IT Cash-to-Debt Chart

Tialis Essential IT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.04

0.02

0.09

0.06

Tialis Essential IT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.04	0.09	0.10	0.06

Competitive Comparison of Tialis Essential IT's Cash-to-Debt

For the Information Technology Services subindustry, Tialis Essential IT'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.

Tialis Essential IT's Cash-to-Debt Distribution in the Software Industry

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

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

Tialis Essential IT 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.

Tialis Essential IT's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.274	/	(0.259	+	4.561)
	=	0.06

Tialis Essential IT's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	0.274	/	(0.259	+	4.561)
	=	0.06

Tialis Essential IT (LSE:TIA) 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.

Tialis Essential IT Cash-to-Debt Related Terms

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

Tialis Essential IT (LSE:TIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tialis Essential IT PLC (LSE:TIA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Dublin Street, Edinburgh, GBR, EH1 3PP

Website

https://www.tialis.com

Tialis Essential IT PLC is a specialist managed service provider with a broad portfolio of IT services and technology solutions. The principal activities include a provision of the network, hosting, and managed services to public and private companies. The Group has only one operating segment, the Manage Business.

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