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BlockQuarry (BlockQuarry) Cash-to-Debt : 0.02 (As of Dec. 2022)


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What is BlockQuarry 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. BlockQuarry's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.02.

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, BlockQuarry couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

BLQC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.07
Current: 0.02

During the past 7 years, BlockQuarry's highest Cash to Debt Ratio was 0.07. The lowest was 0.00. And the median was 0.02.

BLQC's Cash-to-Debt is ranked worse than
97.29% of 775 companies
in the Capital Markets industry
Industry Median: 2.22 vs BLQC: 0.02

BlockQuarry Cash-to-Debt Historical Data

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

BlockQuarry Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22
Cash-to-Debt
Get a 7-Day Free Trial 0.01 - 0.06 0.07 0.02

BlockQuarry Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22
Cash-to-Debt Get a 7-Day Free Trial 0.01 - 0.06 0.07 0.02

Competitive Comparison of BlockQuarry's Cash-to-Debt

For the Capital Markets subindustry, BlockQuarry'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.


BlockQuarry's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BlockQuarry's Cash-to-Debt distribution charts can be found below:

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



BlockQuarry 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.

BlockQuarry's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

BlockQuarry's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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.


BlockQuarry  (OTCPK:BLQC) 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.


BlockQuarry Cash-to-Debt Related Terms

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BlockQuarry (BlockQuarry) Business Description

Traded in Other Exchanges
N/A
Address
700 Louisiana Street, Suite 3950, Houston, TX, USA, 77002
BlockQuarry Corp operates in the cryptocurrency mining industry. The cryptocurrency mining and mining equipment segment is focused on capitalizing on the Bitcoin ecosystem and its surrounding associated growth opportunities through proof-of-work mining. It also produced and sold premium liquor beverages and sold cannabinoid products.

BlockQuarry (BlockQuarry) Headlines