Ajia Innogroup Holdings (Ajia Innogroup Holdings) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is Ajia Innogroup 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. Ajia Innogroup Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt ⁽¹⁾.

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, Ajia Innogroup Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(1) 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.

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

AJIA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: No Debt
Current: No Debt

During the past 9 years, Ajia Innogroup Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.09.

AJIA's Cash-to-Debt is ranked better than
99.86% of 2805 companies
in the Software industry
Industry Median: 2.57 vs AJIA: No Debt

Ajia Innogroup Holdings Cash-to-Debt Historical Data

The historical data trend for Ajia Innogroup 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.

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Ajia Innogroup Holdings Cash-to-Debt Chart

Ajia Innogroup Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.08

0.05

0.01

0.10

No Debt

Ajia Innogroup Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.10	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Ajia Innogroup Holdings's Cash-to-Debt

For the Software - Application subindustry, Ajia Innogroup 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.

Ajia Innogroup Holdings's Cash-to-Debt Distribution in the Software Industry

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

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

Ajia Innogroup 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.

Ajia Innogroup Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Ajia Innogroup Holdings had no debt ⁽¹⁾.

Ajia Innogroup Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Ajia Innogroup Holdings had no debt ⁽¹⁾.

Ajia Innogroup Holdings (OTCPK:AJIA) 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.

Ajia Innogroup Holdings Cash-to-Debt Related Terms

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

Ajia Innogroup Holdings (Ajia Innogroup Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ajia Innogroup Holdings Ltd (OTCPK:AJIA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

187 E. Warm Springs Road, Suite B307, Las Vegas, NV, USA, 89119

Website

http://www.ajiainnogroup.com

Ajia Innogroup Holdings Ltd is an all-in-one point-of-sale and restaurant management platform. As a cloud-based system built specifically for restaurants. AJIA offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface.

Executives

Ajia Group Ltd

10 percent owner

FLAT/RM 303, 3F, AUSTIN TOWER, 22-26 AUSTIN AVENUE, TSIM SHA TSUI, KOWLOON K3 00000

Ajia Innogroup Holdings (Ajia Innogroup Holdings) Headlines

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Ajia Innogroup Holdings (Ajia Innogroup Holdings) Cash-to-Debt : No Debt (1) (As of Jun. 2023)