IMBdx (XKRX:461030) Cash-to-Debt : 13.61 (As of Dec. 2023)

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What is IMBdx 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. IMBdx's cash to debt ratio for the quarter that ended in Dec. 2023 was 13.61.

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, IMBdx could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKRX:461030' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.61 Med: 36.6 Max: 46.6
Current: 13.61

During the past 2 years, IMBdx's highest Cash to Debt Ratio was 46.60. The lowest was 13.61. And the median was 36.60.

XKRX:461030's Cash-to-Debt is ranked better than
81.66% of 229 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.35 vs XKRX:461030: 13.61

IMBdx Cash-to-Debt Historical Data

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

IMBdx Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

96.39

46.60

IMBdx Quarterly Data
	Dec22	Sep23	Dec23
Cash-to-Debt	46.60	36.60	13.61

Competitive Comparison of IMBdx's Cash-to-Debt

For the Diagnostics & Research subindustry, IMBdx'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.

IMBdx's Cash-to-Debt Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, IMBdx's Cash-to-Debt distribution charts can be found below:

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

IMBdx 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.

IMBdx's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	11368.231	/	(219.775	+	24.19)
	=	46.60

IMBdx'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)
	=	4359.843	/	(288.105	+	32.198)
	=	13.61

IMBdx (XKRX:461030) 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.

IMBdx Cash-to-Debt Related Terms

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IMBdx (XKRX:461030) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » IMBdx Inc (XKRX:461030) » Definitions » Cash-to-Debt

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