Odysight ai (Odysight ai) Cash-to-Debt : 12.46 (As of Mar. 2024)

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What is Odysight ai 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. Odysight ai's cash to debt ratio for the quarter that ended in Mar. 2024 was 12.46.

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, Odysight ai could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ODYS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 13.14 Max: No Debt
Current: 12.46

During the past 11 years, Odysight ai's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 13.14.

ODYS's Cash-to-Debt is ranked better than
80.06% of 2473 companies
in the Hardware industry
Industry Median: 1.35 vs ODYS: 12.46

Odysight ai Cash-to-Debt Historical Data

The historical data trend for Odysight ai'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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Odysight ai Cash-to-Debt Chart

Odysight ai Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.15

31.52

42.69

49.99

12.85

Odysight ai Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															85.08	38.63	13.14	12.85	12.46

Competitive Comparison of Odysight ai's Cash-to-Debt

For the Scientific & Technical Instruments subindustry, Odysight ai'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.

Odysight ai's Cash-to-Debt Distribution in the Hardware Industry

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

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

Odysight ai 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.

Odysight ai's Cash to Debt Ratio for the fiscal year 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)
	=	17.041	/	(0.47	+	0.856)
	=	12.85

Odysight ai's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	15.59	/	(0.472	+	0.779)
	=	12.46

Odysight ai (OTCPK:ODYS) 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.

Odysight ai Cash-to-Debt Related Terms

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Odysight ai (Odysight ai) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Odysight ai Inc (OTCPK:ODYS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Park, Suite 7A and 3B, P.O. Box 3030, Omer, ISR, 8496500

Website

https://www.odysight.ai

Odysight ai Inc is engaged in the development, production, and marketing of innovative Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) technologies, providing visual sensing and AI-based video analytics solutions for critical systems in the aviation, maritime, industrial non-destructing-testing industries, transportation, and energy industries.