Ault Disruptive Technologies (Ault Disruptive Technologies) Cash-to-Debt : 0.30 (As of Dec. 2023)

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What is Ault Disruptive 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. Ault Disruptive Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.30.

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, Ault Disruptive Technologies 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 Ault Disruptive Technologies's Cash-to-Debt or its related term are showing as below:

ADRT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: No Debt Max: No Debt
Current: 0.3

During the past 3 years, Ault Disruptive Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.30. And the median was No Debt.

ADRT's Cash-to-Debt is ranked worse than
67.88% of 551 companies
in the Diversified Financial Services industry
Industry Median: 3.34 vs ADRT: 0.30

Ault Disruptive Technologies Cash-to-Debt Historical Data

The historical data trend for Ault Disruptive 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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Ault Disruptive Technologies Cash-to-Debt Chart

Ault Disruptive Technologies Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

0.30

Ault Disruptive Technologies Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							No Debt	No Debt	No Debt	0.49	0.30

Competitive Comparison of Ault Disruptive Technologies's Cash-to-Debt

For the Shell Companies subindustry, Ault Disruptive 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.

Ault Disruptive Technologies's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ault Disruptive Technologies's Cash-to-Debt distribution charts can be found below:

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

Ault Disruptive 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.

Ault Disruptive Technologies'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)
	=	0.163	/	(0.55	+	0)
	=	0.30

Ault Disruptive Technologies'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)
	=	0.163	/	(0.55	+	0)
	=	0.30

Ault Disruptive Technologies (AMEX:ADRT) 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.

Ault Disruptive Technologies Cash-to-Debt Related Terms

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

Ault Disruptive Technologies (Ault Disruptive Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ault Disruptive Technologies Corp (AMEX:ADRT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV, USA, 89141

Website

https://www.aultdisruptive.com/

Ault Disruptive Technologies Corp is a blank check company.

Executives

Ault Milton C Iii	director	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Robert O Smith	director	DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
William B. Horne	director, officer: Chief Executive Officer	C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Jeffrey Allen Bentz	director	107 E BONITA WAY, TEMPE AZ 85281
Henry Carl Nisser	director, officer: President and General Counsel	100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
Kenneth S Cragun	officer: Chief Financial Officer	3775 CHIPPEWA CIRCLE, CORONA CA 92881
David J Katzoff	officer: Vice President - Finance	201 SHIPYARD WAY, NEWPORT BEACH CA 92663
Mark Gustafson	director	10691 ROSECROFT CRESCENT, RICHMOND A1 V7A 2H9
Ault Disruptive Technologies Company, Llc	10 percent owner	11411 SOUTHERN HIGHLANDS PKWY, SUITE 240, LAS VEGAS NV 89141
Mark Christian Nelson	director	C/O AULT DISRUPTIVE TECHNOLOGIES CORP, 11411 SOUTHERN HIGHLANDS, PKWY 240, LAS VEGAS NV 89141

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