Flywheel Advanced Technology (Flywheel Advanced Technology) Cash-to-Debt : 0.44 (As of Dec. 2023)

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What is Flywheel Advanced Technology 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. Flywheel Advanced Technology's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.44.

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, Flywheel Advanced Technology 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 Flywheel Advanced Technology's Cash-to-Debt or its related term are showing as below:

FWFW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.58 Max: 1.08
Current: 0.44

During the past 8 years, Flywheel Advanced Technology's highest Cash to Debt Ratio was 1.08. The lowest was 0.00. And the median was 0.58.

FWFW's Cash-to-Debt is ranked worse than
76.81% of 2700 companies
in the Software industry
Industry Median: 2.43 vs FWFW: 0.44

Flywheel Advanced Technology Cash-to-Debt Historical Data

The historical data trend for Flywheel Advanced Technology'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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Flywheel Advanced Technology Cash-to-Debt Chart

Flywheel Advanced Technology Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

N/A

0.99

Flywheel Advanced Technology Quarterly Data
	Dec13	Mar14	Jun14	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															-	0.72	1.08	0.99	0.44

Competitive Comparison of Flywheel Advanced Technology's Cash-to-Debt

For the Information Technology Services subindustry, Flywheel Advanced Technology'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.

Flywheel Advanced Technology's Cash-to-Debt Distribution in the Software Industry

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

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

Flywheel Advanced Technology 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.

Flywheel Advanced Technology's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	0.621	/	(0.142	+	0.484)
	=	0.99

Flywheel Advanced Technology'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)
	=	0.316	/	(0.26	+	0.453)
	=	0.44

Flywheel Advanced Technology (OTCPK:FWFW) 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.

Flywheel Advanced Technology Cash-to-Debt Related Terms

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Flywheel Advanced Technology (Flywheel Advanced Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flywheel Advanced Technology Inc (OTCPK:FWFW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 West Nye Lane, Suite 455, Carson, NV, USA, 89706

Website

http://www.panglobalcorp.com

Flywheel Advanced Technology Inc is an investment holding company. The company's segments include provision of IoT maintenance and support services, IoT BPO services, and IoT development services in Hong Kong and Australia. It generates maximum revenue from the IoT BPO services segment.

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