Unitronix (Unitronix) Cash-to-Debt : 0.15 (As of Jun. 2023)

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What is Unitronix 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. Unitronix's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.15.

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, Unitronix couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

UTRX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.15 Max: 0.15
Current: 0.15

During the past 11 years, Unitronix's highest Cash to Debt Ratio was 0.15. The lowest was 0.15. And the median was 0.15.

UTRX's Cash-to-Debt is ranked worse than
88.18% of 2766 companies
in the Software industry
Industry Median: 2.51 vs UTRX: 0.15

Unitronix Cash-to-Debt Historical Data

The historical data trend for Unitronix'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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Unitronix Cash-to-Debt Chart

Unitronix Annual Data

Trend

Jun97

Jun98

Jun99

Jun00

Jun01

Jun02

Jun03

Jun04

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

N/A

0.15

Unitronix Semi-Annual Data
	Jun96	Jun97	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial						0.02	-	-	N/A	0.15

Competitive Comparison of Unitronix's Cash-to-Debt

For the Information Technology Services subindustry, Unitronix'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.

Unitronix's Cash-to-Debt Distribution in the Software Industry

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

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

Unitronix 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.

Unitronix's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.012	/	(0.078	+	0)
	=	0.15

Unitronix's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.012	/	(0.078	+	0)
	=	0.15

Unitronix (OTCPK:UTRX) 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.

Unitronix Cash-to-Debt Related Terms

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

Unitronix (Unitronix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Unitronix Corp (OTCPK:UTRX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 Route 73 North, Suite 104, Marlton, NJ, USA, 08053

Website

https://www.unitronics.com

Unitronix Corp is a software development and services company. It provides products or software for the OEM market, or executing a large-scale automated project, the goal is to provide clients with safe, user-friendly, cost-effective automated control products.

Executives

William C Wimer	officer: Chief Financial Officer	C/O UNITRONIX CORP, 16 ORCHARD LN, TOPSFIELD MA 01983
Dale M Hendrick	director, officer: President	111 RICHMOND STREET W STE 901, TORONTO ONTARIO, CANADA M5W 2G4 A6 0000

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