Arcario AB (OSTO:ARCA) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Arcario AB 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. Arcario AB's cash to debt ratio for the quarter that ended in Sep. 2023 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, Arcario AB could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Arcario AB's Cash-to-Debt or its related term are showing as below:

OSTO:ARCA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: No Debt Max: No Debt
Current: 0.1

During the past 13 years, Arcario AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was No Debt.

OSTO:ARCA's Cash-to-Debt is ranked worse than
89.94% of 795 companies
in the Capital Markets industry
Industry Median: 1.89 vs OSTO:ARCA: 0.10

Arcario AB Cash-to-Debt Historical Data

The historical data trend for Arcario AB'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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Arcario AB Cash-to-Debt Chart

Arcario AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.05

2.40

0.78

0.22

Arcario AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.09	0.22	No Debt	No Debt	No Debt

Competitive Comparison of Arcario AB's Cash-to-Debt

For the Capital Markets subindustry, Arcario AB'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.

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

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

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

Arcario AB 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.

Arcario AB'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)
	=	5.901	/	(13.471	+	13.077)
	=	0.22

Arcario AB's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Arcario AB had no debt ⁽¹⁾.

Arcario AB (OSTO:ARCA) 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.

Arcario AB Cash-to-Debt Related Terms

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Arcario AB (OSTO:ARCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Arcario AB (OSTO:ARCA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

869:Germany

Address

Munkedamsveien 45, Oslo, NOR, 0250

Website

https://www.arcario.com

Arcario AB is a holding company with broad exposure to the digital assets industry. The Company holds 100% stakes in K33, a research-led digital assets brokerage with investment services across EMEA, Green Data, an environmentally sustainable Bitcoin mining operation based in northern Norway. Arcario is a community-powered, value-driven web3 venture builder, originating from Scandinavian roots and extending its influence worldwide.

Arcario AB (OSTO:ARCA) Headlines

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Arcario AB (OSTO:ARCA) Cash-to-Debt : No Debt (1) (As of Sep. 2023)