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Snail (SNAL) Cash-to-Debt : 1.77 (As of Mar. 2024)


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What is Snail 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. Snail's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.77.

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, Snail could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SNAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19   Med: 0.56   Max: 1.77
Current: 1.77

During the past 5 years, Snail's highest Cash to Debt Ratio was 1.77. The lowest was 0.19. And the median was 0.56.

SNAL's Cash-to-Debt is ranked worse than
63.65% of 586 companies
in the Interactive Media industry
Industry Median: 4.635 vs SNAL: 1.77

Snail Cash-to-Debt Historical Data

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

Snail Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
N/A 1.54 0.55 0.58 1.02

Snail Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.19 0.29 1.02 1.77

Competitive Comparison of Snail's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Snail'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.


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

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

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



Snail 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.

Snail's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

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

* 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.


Snail  (NAS:SNAL) 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.


Snail Cash-to-Debt Related Terms

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


Snail (SNAL) Business Description

Traded in Other Exchanges
N/A
Address
12049 Jefferson Boulevard, Culver City, CA, USA, 90230
Snail Inc is a global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PC's and mobile devices. Geographic presence of company is in United States and International majority of its revenue comes from United States.
Executives
Heidy Kingwan Chow officer: Chief Financial Officer 92 KESTREL, IRVINE CA 92618
Neil Foster director 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Hai Shi director 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Jim S. Tsai officer: Chief Executive Officer 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Sandra Pundmann director 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Peter Yung Kang officer: Chief Operating Officer 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Ying Zhou director 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Xiaoming Ye 10 percent owner ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Qianrong Capital Ltd 10 percent owner ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Suzhou Ding Rong Investment Management Ltd 10 percent owner ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Hua Yuan International Ltd 10 percent owner ROOM 8201, INTERNATIONAL COMMERCE CENTRE, 1 AUSTIN ROAD WEST, KOWLOON, HONG KONG K3 999077
Ancient Jade (east) Holdings Ltd 10 percent owner FLOOR 12 - TOWER D, NO.1 XUANWUMENWAI ST, XICHENG DISTRICT, BEIJING F4 100000