Comintelli AB (XSAT:COMINT) Cash-to-Debt : 0.69 (As of Dec. 2023)

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What is Comintelli AB 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. Comintelli AB's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.69.

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, Comintelli AB 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 Comintelli AB's Cash-to-Debt or its related term are showing as below:

XSAT:COMINT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: 0.87 Max: 3.13
Current: 0.69

During the past 7 years, Comintelli AB's highest Cash to Debt Ratio was 3.13. The lowest was 0.50. And the median was 0.87.

XSAT:COMINT's Cash-to-Debt is ranked worse than
70.57% of 2725 companies
in the Software industry
Industry Median: 2.49 vs XSAT:COMINT: 0.69

Comintelli AB Cash-to-Debt Historical Data

The historical data trend for Comintelli AB'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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Comintelli AB Cash-to-Debt Chart

Comintelli AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.60

0.87

1.11

3.13

0.69

Comintelli AB 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															3.13	0.54	0.06	0.54	0.69

Competitive Comparison of Comintelli AB's Cash-to-Debt

For the Software - Application subindustry, Comintelli AB'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.

Comintelli AB's Cash-to-Debt Distribution in the Software Industry

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

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

Comintelli AB 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.

Comintelli AB'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)
	=	2.365	/	(2.942	+	0.494)
	=	0.69

Comintelli AB'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)
	=	2.365	/	(2.942	+	0.494)
	=	0.69

Comintelli AB (XSAT:COMINT) 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.

Comintelli AB Cash-to-Debt Related Terms

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Comintelli AB (XSAT:COMINT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Comintelli AB (XSAT:COMINT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kista Science Tower, Kista, Stockholm, SWE, 164 51

Website

http://www.comintelli.com

Comintelli AB is a Swedish software company. It offers intelligence software name Intelligence2day that automatically collects, discovers, organizes, analyzes and shares information and knowledge; focused on any aspect of the competitive landscape including customers, competitors, products, markets, technologies and trends. The software supports managers and knowledge workers in both strategical and tactical decision making; it also shortens Time-To-Insights which accelerates business strategy, product innovations and business development. The company also offers services related to the software including managed hosting services, training, technical installation and support and maintenance services.

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