Amcomri Entertainment (Amcomri Entertainment) Cash-to-Debt : 0.12 (As of Sep. 2023)

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What is Amcomri Entertainment 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. Amcomri Entertainment's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.12.

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, Amcomri Entertainment couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

AMNNF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.21 Max: 0.35
Current: 0.12

During the past 2 years, Amcomri Entertainment's highest Cash to Debt Ratio was 0.35. The lowest was 0.00. And the median was 0.21.

AMNNF's Cash-to-Debt is ranked worse than
85.08% of 1032 companies
in the Media - Diversified industry
Industry Median: 1.25 vs AMNNF: 0.12

Amcomri Entertainment Cash-to-Debt Historical Data

The historical data trend for Amcomri Entertainment'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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Amcomri Entertainment Cash-to-Debt Chart

Amcomri Entertainment Annual Data

Trend

Sep21

Dec22

Cash-to-Debt

0.32

0.35

Amcomri Entertainment Quarterly Data
	Sep20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial					0.31	0.35	0.13	0.12	0.12

Competitive Comparison of Amcomri Entertainment's Cash-to-Debt

For the Entertainment subindustry, Amcomri Entertainment'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.

Amcomri Entertainment's Cash-to-Debt Distribution in the Media - Diversified Industry

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

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

Amcomri Entertainment 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.

Amcomri Entertainment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	2.941	/	(8.146	+	0.185)
	=	0.35

Amcomri Entertainment's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1.071	/	(8.806	+	0.105)
	=	0.12

Amcomri Entertainment (OTCPK:AMNNF) 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.

Amcomri Entertainment Cash-to-Debt Related Terms

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Amcomri Entertainment (Amcomri Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Amcomri Entertainment Inc (OTCPK:AMNNF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

25Y0:Germany AMEN:Canada

Address

1800-510 West Georgia Street, Vancouver, BC, CAN, V6B 0M3

Website

https://www.amcomrient.com

Amcomri Entertainment Inc is a film and television media production company. It has five operating segments which include Film Distribution, Film Production, Television, Intellectual Property, and Administration. The majority of its revenue derives from the Television segment followed by Film Production. The Company's Film Production, Film Distribution, and Television segments generate revenue principally from the licensing of content in theatrical exhibitions, home entertainment (e.g., digital media and packaged media), television, and international marketplaces. Geographically it has a presence in North America, and Europe where Europe generates key revenue.