SPYR Technologies (SPYR Technologies) Cash-to-Debt : 0.00 (As of Sep. 2022)

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What is SPYR Technologies 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. SPYR Technologies's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.00.

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, SPYR Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

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

SPYR's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.47
* Ranked among companies with meaningful Cash-to-Debt only.

SPYR Technologies Cash-to-Debt Historical Data

The historical data trend for SPYR Technologies'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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SPYR Technologies Cash-to-Debt Chart

SPYR Technologies Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.17

0.02

0.01

0.37

0.01

SPYR Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.04	-	-

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

For the Software - Infrastructure subindustry, SPYR 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.

SPYR Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

SPYR 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.

SPYR Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	0.032	/	(0.768	+	2.82)
	=	0.01

SPYR Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.007	/	(0.816	+	12.209)
	=	0.00

SPYR Technologies (OTCPK:SPYR) 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.

SPYR Technologies Cash-to-Debt Related Terms

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SPYR Technologies (SPYR Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SPYR Technologies (OTCPK:SPYR) » Definitions » Cash-to-Debt

Comparable Companies

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Traded in Other Exchanges

N/A

Address

6700 Woodlands Parkway, Suite 230, No. 331, The Woodlands, TX, USA, 77382

Website

https://www.spyr.com

SPYR Technologies is a diversified technology company. The company develops products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries. The Company operates two segments in the Internet of Things (IoT) market. The company through its wholly-owned subsidiary GeoTraq division, develop and manufacture entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring.

Executives

Timothy Matula	director, officer: CEO	175 JACKSON AVE N, SUITE 102, MINNEAPOLIS MN 55343
Tad M Mailander	director	4811 49TH STREET, SAN DIEGO CA 92115
Barry D Loveless	officer: CFO	4643 S ULSTER ST. SUITE 1510, DENVER CO 80237
Jennifer Devon Duettra	officer: Executive Vice President	8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112
James Richard Thompson	officer: President & CEO	8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112