Hypercharge Networks (Hypercharge Networks) Cash-to-Debt : 13.46 (As of Dec. 2023)

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What is Hypercharge Networks 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. Hypercharge Networks's cash to debt ratio for the quarter that ended in Dec. 2023 was 13.46.

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, Hypercharge Networks could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Hypercharge Networks's Cash-to-Debt or its related term are showing as below:

HCNWF' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.55 Med: 12.23 Max: No Debt
Current: 13.44

During the past 1 years, Hypercharge Networks's highest Cash to Debt Ratio was No Debt. The lowest was 3.55. And the median was 12.23.

HCNWF's Cash-to-Debt is ranked better than
87.91% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs HCNWF: 13.44

Hypercharge Networks Cash-to-Debt Historical Data

The historical data trend for Hypercharge Networks'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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Hypercharge Networks Cash-to-Debt Chart

Hypercharge Networks Annual Data

Trend

Aug21

Cash-to-Debt

No Debt

Hypercharge Networks Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							3.56	6.95	14.99	13.27	13.46

Competitive Comparison of Hypercharge Networks's Cash-to-Debt

For the Auto Parts subindustry, Hypercharge Networks'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.

Hypercharge Networks's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hypercharge Networks's Cash-to-Debt distribution charts can be found below:

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

Hypercharge Networks 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.

Hypercharge Networks's Cash to Debt Ratio for the fiscal year that ended in Aug. 2021 is calculated as:

Hypercharge Networks had no debt ⁽¹⁾.

Hypercharge Networks'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)
	=	3.256	/	(0.151	+	0.091)
	=	13.45

Hypercharge Networks (OTCPK:HCNWF) 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.

Hypercharge Networks Cash-to-Debt Related Terms

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Hypercharge Networks (Hypercharge Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hypercharge Networks Corp (OTCPK:HCNWF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PB7:Germany HC:Canada

Address

1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4

Website

https://www.hypercharge.com

Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.

Hypercharge Networks (Hypercharge Networks) Headlines

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