C-Comtellite Systems (C-Comtellite Systems) Cash-to-Debt : No Debt ⁽¹⁾ (As of Feb. 2024)

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What is C-Comtellite Systems 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. C-Comtellite Systems's cash to debt ratio for the quarter that ended in Feb. 2024 was No Debt ⁽¹⁾.

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, C-Comtellite Systems could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(1) 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.

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

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

During the past 13 years, C-Comtellite Systems's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

CYSNF's Cash-to-Debt is ranked better than
99.76% of 2474 companies
in the Hardware industry
Industry Median: 1.34 vs CYSNF: No Debt

C-Comtellite Systems Cash-to-Debt Historical Data

The historical data trend for C-Comtellite Systems'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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C-Comtellite Systems Cash-to-Debt Chart

C-Comtellite Systems Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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No Debt

C-Comtellite Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of C-Comtellite Systems's Cash-to-Debt

For the Communication Equipment subindustry, C-Comtellite Systems'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.

C-Comtellite Systems's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, C-Comtellite Systems's Cash-to-Debt distribution charts can be found below:

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

C-Comtellite Systems 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.

C-Comtellite Systems's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

C-Comtellite Systems had no debt ⁽¹⁾.

C-Comtellite Systems's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

C-Comtellite Systems had no debt ⁽¹⁾.

C-Comtellite Systems (OTCPK:CYSNF) 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.

C-Comtellite Systems Cash-to-Debt Related Terms

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C-Comtellite Systems (C-Comtellite Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » C-Com Satellite Systems Inc (OTCPK:CYSNF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CMI:Canada

Address

2574 Sheffield Road, Ottawa, ON, CAN, K1B 3V7

Website

https://www.c-comsat.com

C-Com Satellite Systems Inc. is a Canadian based company. It is engaged in the designing, development, and manufacturing of mobile satellite-based antenna systems. The product portfolio comprises Driveaway antennas, Flyaway antennas, Fixed motorized antennas and others Geographically, the group has a business presence in Canada, Singapore, Europe, Asia, the US and other countries.