Corporate Universe (Corporate Universe) Cash-to-Debt : 0.14 (As of Sep. 2023)

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What is Corporate Universe 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. Corporate Universe's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.14.

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, Corporate Universe 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 Corporate Universe's Cash-to-Debt or its related term are showing as below:

COUV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.23
Current: 0.14

During the past 5 years, Corporate Universe's highest Cash to Debt Ratio was 0.23. The lowest was 0.00. And the median was 0.04.

COUV's Cash-to-Debt is ranked worse than
88.83% of 3000 companies
in the Industrial Products industry
Industry Median: 1.18 vs COUV: 0.14

Corporate Universe Cash-to-Debt Historical Data

The historical data trend for Corporate Universe'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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Corporate Universe Cash-to-Debt Chart

Corporate Universe Annual Data

Trend

Mar00

Mar01

Dec20

Dec21

Dec22

Cash-to-Debt

0.02

0.06

0.05

0.23

Corporate Universe Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.23	0.02	0.02	0.14

Competitive Comparison of Corporate Universe's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Corporate Universe'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.

Corporate Universe's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Corporate Universe's Cash-to-Debt distribution charts can be found below:

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

Corporate Universe 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.

Corporate Universe'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)
	=	0.464	/	(1.773	+	0.272)
	=	0.23

Corporate Universe'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)
	=	0.476	/	(3.277	+	0.184)
	=	0.14

Corporate Universe (OTCPK:COUV) 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.

Corporate Universe Cash-to-Debt Related Terms

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Corporate Universe (Corporate Universe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Corporate Universe Inc (OTCPK:COUV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2093 Philadelphia Pike, Suite 8334, Claymont, DE, USA, 33431

Website

http://www.corpuniverse.com

Corporate Universe Inc along with its subsidiaries is engaged in developing next generation supercapacitor technology aimed at the grid and other energy storage applications.