Tony G Co-Investment Holdings (XCNQ:TONY) Cash-to-Debt : 2.13 (As of Oct. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Tony G Co-Investment Holdings 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. Tony G Co-Investment Holdings's cash to debt ratio for the quarter that ended in Oct. 2023 was 2.13.

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, Tony G Co-Investment Holdings could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

The historical rank and industry rank for Tony G Co-Investment Holdings's Cash-to-Debt or its related term are showing as below:

XCNQ:TONY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 1.3 Max: No Debt
Current: 2.13

During the past 13 years, Tony G Co-Investment Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 1.30.

XCNQ:TONY's Cash-to-Debt is ranked worse than
52.52% of 2723 companies
in the Software industry
Industry Median: 2.49 vs XCNQ:TONY: 2.13

Tony G Co-Investment Holdings Cash-to-Debt Historical Data

The historical data trend for Tony G Co-Investment Holdings'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.

Tony G Co-Investment Holdings Cash-to-Debt Chart

Tony G Co-Investment Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.18

0.07

0.46

1.27

Tony G Co-Investment Holdings Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															1.30	1.27	1.22	1.08	2.13

Competitive Comparison of Tony G Co-Investment Holdings's Cash-to-Debt

For the Software - Application subindustry, Tony G Co-Investment Holdings'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.

Tony G Co-Investment Holdings's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Tony G Co-Investment Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tony G Co-Investment Holdings's Cash-to-Debt falls into.

Tony G Co-Investment Holdings 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.

Tony G Co-Investment Holdings's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	1.639	/	(1.288	+	0)
	=	1.27

Tony G Co-Investment Holdings's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	2.748	/	(1.288	+	0)
	=	2.13

Tony G Co-Investment Holdings (XCNQ:TONY) 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.

Tony G Co-Investment Holdings Cash-to-Debt Related Terms

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

Tony G Co-Investment Holdings (XCNQ:TONY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tony G Co-Investment Holdings Ltd (XCNQ:TONY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BGRDF:USA

Address

5800 Ambler Drive, Suite 210, Mississauga, ON, CAN, L4W 4J4

Website

http://www.braingrid.io

Tony G Co-Investment Holdings Ltd is an investment holding company focused on investments in companies operating in the blockchain, cryptocurrency, payment processing, syndicated credit, online commerce, and online gambling industries, including companies or other entities that service such industries. The company's investments are domiciled in Bahamas (Cryptonews) and Lithuania (Sportclothes).

Executives

Antanas (tony) Guoga

Director, Senior Officer

Tony G Co-Investment Holdings (XCNQ:TONY) Headlines

No Headlines