Oblong (Oblong) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Oblong 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. Oblong's cash to debt ratio for the quarter that ended in Mar. 2024 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, Oblong could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 Oblong's Cash-to-Debt or its related term are showing as below:

OBLG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 1.92 Max: No Debt
Current: 315.29

During the past 13 years, Oblong's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 1.92.

OBLG's Cash-to-Debt is ranked better than
88.41% of 2788 companies
in the Software industry
Industry Median: 2.515 vs OBLG: 315.29

Oblong Cash-to-Debt Historical Data

The historical data trend for Oblong'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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Oblong Cash-to-Debt Chart

Oblong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.52

1.31

12.28

13.07

352.35

Oblong Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															26.72	101.06	157.35	352.35	No Debt

Competitive Comparison of Oblong's Cash-to-Debt

For the Software - Application subindustry, Oblong'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.

Oblong's Cash-to-Debt Distribution in the Software Industry

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

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

Oblong 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.

Oblong'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)
	=	5.99	/	(0.017	+	0)
	=	352.35

Oblong's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Oblong had no debt ⁽¹⁾.

Oblong (NAS:OBLG) 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.

Oblong Cash-to-Debt Related Terms

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Oblong (Oblong) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Oblong Inc (NAS:OBLG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

25587 Conifer Road, Suite 105-231, Conifer, CO, USA, 80433

Website

https://www.oblong.com

Oblong Inc delivers visual solutions for collaboration and computing environments. The company's flagship product Mezzanine is the technology platform that defines computing: simultaneous multi-user, multi-screen, multi-device, and multi-location for dynamic and immersive visual collaboration. Mezzanine transforms routine meetings and workflows into agile, engaging experiences by making data visible and accessible in a collaborative setting. Mezzanine enables multiple, concurrent pieces of content to be shared, manipulated, created, and captured across distance. It serves various industries including aerospace, consulting, executive search, broadcast media, technology, financial services, education, healthcare, real estate, retail, construction, hospitality, and government, among others.

Executives

Jason T Adelman	director	900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Deborah Jean Meredith	director	460 VAN BUREN STREET, LOS ALTOS CA 94022
Robert Weinstein	director	3960 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Jonathan Schechter	director	C/O ATRINSIC, INC. 1 GRAND CENTRAL PLACE, SUITE 2319, NEW YORK NY 10165
Stepstone Group Lp	10 percent owner	4225 EXECUTIVE SQUARE, SUITE 1600, LA JOLLA CA 92037
Matthew Yavner Blumberg	director	26 DORIS DRIVE, SCARSDALE NY 10583
Peter Joseph Hawkes	officer: SVP Design, Product, & Engnrg	650 SANTA ROSA AVENUE, BERKLEY CA 94707
Bradley A Feld	10 percent owner	C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Ryan A Mcintyre	10 percent owner
Foundry Select Fund Gp, Llc	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Foundry Group Select Fund, L.p.	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Foundry Venture Capital 2007, L.p.	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Foundry Venture 2007, Llc	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Seth Levine	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Greenspring Opportunities Iv, L.p.	10 percent owner	100 PAINTERS MILL ROAD, OWINGS MILLS MD 2111