House Of Control Group AS (STU:HOG) Cash-to-Debt : 0.59 (As of Sep. 2022)

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What is House Of Control Group AS 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. House Of Control Group AS's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.59.

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, House Of Control Group AS 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 House Of Control Group AS's Cash-to-Debt or its related term are showing as below:

STU:HOG's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.565
* Ranked among companies with meaningful Cash-to-Debt only.

House Of Control Group AS Cash-to-Debt Historical Data

The historical data trend for House Of Control Group AS'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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House Of Control Group AS Cash-to-Debt Chart

House Of Control Group AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

1.66

1.30

6.08

3.39

1.12

House Of Control Group AS Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial									1.88	1.12	1.01	0.80	0.59

Competitive Comparison of House Of Control Group AS's Cash-to-Debt

For the Software - Application subindustry, House Of Control Group AS'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.

House Of Control Group AS's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where House Of Control Group AS's Cash-to-Debt falls into.

House Of Control Group AS 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.

House Of Control Group AS'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)
	=	13.399	/	(0.931	+	11.006)
	=	1.12

House Of Control Group AS'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)
	=	7.609	/	(1.136	+	11.775)
	=	0.59

House Of Control Group AS (STU:HOG) 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.

House Of Control Group AS Cash-to-Debt Related Terms

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House Of Control Group AS (STU:HOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » House Of Control Group AS (STU:HOG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

O.H. Bangs vei 70, Hovik, NOR, 1363

Website

https://www.houseofcontrol.com

House Of Control Group AS provides software solutions. The company develops and sells software as a service (SaaS) solutions. The solutions include Complete Control, which is used for managing contracts and assets, including the contracts' financial implications for accounting, budgeting and reporting. Also, the company provides SaaS applications for the users of IFS, an Enterprise Resource Planning system. The solutions are mainly focused on purchasing processes, supplier and B2B customer communications, and travel, time and expense management.