Cyber Enviro-Tech (Cyber Enviro-Tech) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is Cyber Enviro-Tech 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. Cyber Enviro-Tech's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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, Cyber Enviro-Tech couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

CETI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 0.48
Current: 0.07

During the past 3 years, Cyber Enviro-Tech's highest Cash to Debt Ratio was 0.48. The lowest was 0.07. And the median was 0.16.

CETI's Cash-to-Debt is ranked worse than
76.88% of 493 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs CETI: 0.07

Cyber Enviro-Tech Cash-to-Debt Historical Data

The historical data trend for Cyber Enviro-Tech'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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Cyber Enviro-Tech Cash-to-Debt Chart

Cyber Enviro-Tech Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.48

0.37

0.07

Cyber Enviro-Tech Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial					0.16	0.07	0.22	0.07	0.07

Competitive Comparison of Cyber Enviro-Tech's Cash-to-Debt

For the Utilities - Regulated Water subindustry, Cyber Enviro-Tech'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.

Cyber Enviro-Tech's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cyber Enviro-Tech's Cash-to-Debt distribution charts can be found below:

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

Cyber Enviro-Tech 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.

Cyber Enviro-Tech'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)
	=	0.239	/	(0.498	+	2.771)
	=	0.07

Cyber Enviro-Tech's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	0.208	/	(0.221	+	2.649)
	=	0.07

Cyber Enviro-Tech (OTCPK:CETI) 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.

Cyber Enviro-Tech Cash-to-Debt Related Terms

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Cyber Enviro-Tech (Cyber Enviro-Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cyber Enviro-Tech Inc (OTCPK:CETI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6991 East Camelback Road, Suite D-300, Scottsdale, AZ, USA, 85251

Website

https://www.cyberenviro.tech

Cyber Enviro-Tech Inc is a water science technology company that designs water purification and cyber solutions for commercial applications and industries. The company manufacture and sell water filtration, desalination, and oil separation systems. It serves Oil and Gas; Dairy Farms and Feedlots; Agriculture; Mining and other industries.