MetaWorks Platforms (XCNQ:MWRK) Cash-to-Debt : 0.00 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is MetaWorks Platforms 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. MetaWorks Platforms's cash to debt ratio for the quarter that ended in Dec. 2023 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, MetaWorks Platforms 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 MetaWorks Platforms's Cash-to-Debt or its related term are showing as below:

During the past 13 years, MetaWorks Platforms's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.28.

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

MetaWorks Platforms Cash-to-Debt Historical Data

The historical data trend for MetaWorks Platforms'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.

* Premium members only.

MetaWorks Platforms Cash-to-Debt Chart

MetaWorks Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

No Debt

0.16

MetaWorks Platforms Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.16	1.66	0.03	0.01	-

Competitive Comparison of MetaWorks Platforms's Cash-to-Debt

For the Software - Application subindustry, MetaWorks Platforms'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.

MetaWorks Platforms's Cash-to-Debt Distribution in the Software Industry

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

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

MetaWorks Platforms 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.

MetaWorks Platforms'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)
	=	0.004	/	(1.543	+	0)
	=	0.00

MetaWorks Platforms'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)
	=	0.004	/	(1.543	+	0)
	=	0.00

MetaWorks Platforms (XCNQ:MWRK) 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.

MetaWorks Platforms Cash-to-Debt Related Terms

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

MetaWorks Platforms (XCNQ:MWRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MetaWorks Platforms Inc (XCNQ:MWRK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MWRK:USA

Address

3250 Oakland Hills Court, Fairfield, CA, USA, 94534

Website

https://www.metaworksplatforms.io

MetaWorks Platforms Inc is a full-service blockchain and web development platform provider. The Company's business model is to provide a turnkey set of services to develop and integrate Web 3.0 / Metaverse technologies, NFT, blockchain, and cryptocurrency technologies. It offers a set of services for companies to develop and integrate blockchain and payment technologies into their business operations. It builds and operates FinTech Platforms-as-a-Service for digital currencies, digital securities tokens, and digital assets. The firm generates the majority of its revenue from the sale of movie rights.