AS Modera (OTSE:MODE) Cash-to-Debt : 1.68 (As of Dec. 2023)

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What is AS Modera 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. AS Modera's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.68.

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, AS Modera could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

OTSE:MODE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 1.21 Max: 1.91
Current: 1.68

During the past 5 years, AS Modera's highest Cash to Debt Ratio was 1.91. The lowest was 0.14. And the median was 1.21.

OTSE:MODE's Cash-to-Debt is ranked worse than
56.07% of 2725 companies
in the Software industry
Industry Median: 2.49 vs OTSE:MODE: 1.68

AS Modera Cash-to-Debt Historical Data

The historical data trend for AS Modera'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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AS Modera Cash-to-Debt Chart

AS Modera Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

0.14

1.91

0.73

1.68

AS Modera Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			1.91	1.51	0.73	1.28	1.68

Competitive Comparison of AS Modera's Cash-to-Debt

For the Software - Application subindustry, AS Modera'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.

AS Modera's Cash-to-Debt Distribution in the Software Industry

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

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

AS Modera 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.

AS Modera'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)
	=	0.983	/	(0.292	+	0.294)
	=	1.68

AS Modera'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)
	=	0.983	/	(0.292	+	0.294)
	=	1.68

AS Modera (OTSE:MODE) 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.

AS Modera Cash-to-Debt Related Terms

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AS Modera (OTSE:MODE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AS Modera (OTSE:MODE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Moisa tn 4, Tallinn, EST, 13522

Website

https://www.modera.com

AS Modera is an AI-powered, flexible, and open SaaS platform for holistic omnichannel automotive retail. The company's main business direction is software-as-a-service (SaaS) for companies involved in car sales, marketing, brokerage, production, and delivery.

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