Himalaya Technologies (Himalaya Technologies) Cash-to-Debt : 0.03 (As of Jan. 2024)

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What is Himalaya Technologies 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. Himalaya Technologies's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.03.

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, Himalaya Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

HMLA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.41
Current: 0.03

During the past 11 years, Himalaya Technologies's highest Cash to Debt Ratio was 0.41. The lowest was 0.00. And the median was 0.03.

HMLA's Cash-to-Debt is ranked worse than
97.61% of 586 companies
in the Interactive Media industry
Industry Median: 4.905 vs HMLA: 0.03

Himalaya Technologies Cash-to-Debt Historical Data

The historical data trend for Himalaya Technologies'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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Himalaya Technologies Cash-to-Debt Chart

Himalaya Technologies Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul21

Jul22

Jul23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.07

0.01

Himalaya Technologies Quarterly Data
	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															-	-	-	-	0.03

Competitive Comparison of Himalaya Technologies's Cash-to-Debt

For the Internet Content & Information subindustry, Himalaya Technologies'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.

Himalaya Technologies's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Himalaya Technologies's Cash-to-Debt distribution charts can be found below:

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

Himalaya Technologies 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.

Himalaya Technologies's Cash to Debt Ratio for the fiscal year that ended in Jul. 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	/	(0.203	+	0)
	=	0.00

Himalaya Technologies's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	0.005	/	(0.156	+	0)
	=	0.03

Himalaya Technologies (OTCPK:HMLA) 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.

Himalaya Technologies Cash-to-Debt Related Terms

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Himalaya Technologies (Himalaya Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Himalaya Technologies Inc (OTCPK:HMLA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

831 West North Avenue, Pittsburgh, PA, USA, 15233

Website

https://www.himalayatechnologies.com

Himalaya Technologies Inc along with its subsidiaries is targeting information services for the cannabis industry. The company uses its social site Kanab.Club. It is a cannabis social media platform which acts as a benchmark for uniting the cannabis community.

Executives

Vikram P Grover	director, 10 percent owner, officer: CEO, Chairman	1340 BROOK ST. UNIT M, ST CHARLES IL 60174
Paul D Maniscalco	officer: Chief Financial Officer	1600 STOUT STREET, #450, DENVER CO 80202
St James David M	director	3395 S. JONES BLVD., #169, LAS VEGAS NV 89146
Thomas Fw Campbell	10 percent owner	1155 W. CALLE FUENTE DE CARINO, SAHUARITA AZ 85629