Quantum-Si (Quantum-Si) Cash-to-Debt : 16.26 (As of Mar. 2024)

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What is Quantum-Si 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. Quantum-Si's cash to debt ratio for the quarter that ended in Mar. 2024 was 16.26.

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

QSI' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.26 Med: 21.1 Max: No Debt
Current: 16.26

During the past 5 years, Quantum-Si's highest Cash to Debt Ratio was No Debt. The lowest was 16.26. And the median was 21.10.

QSI's Cash-to-Debt is ranked better than
62.38% of 1539 companies
in the Biotechnology industry
Industry Median: 6.49 vs QSI: 16.26

Quantum-Si Cash-to-Debt Historical Data

The historical data trend for Quantum-Si'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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Quantum-Si Cash-to-Debt Chart

Quantum-Si Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

21.10

58.34

20.14

16.84

Quantum-Si Quarterly Data
	Dec19	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												19.28	18.33	17.77	16.84	16.26

Competitive Comparison of Quantum-Si's Cash-to-Debt

For the Biotechnology subindustry, Quantum-Si'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.

Quantum-Si's Cash-to-Debt Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Quantum-Si's Cash-to-Debt distribution charts can be found below:

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

Quantum-Si 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.

Quantum-Si'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)
	=	257.736	/	(1.566	+	13.737)
	=	16.84

Quantum-Si'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)
	=	235.431	/	(1.61	+	12.873)
	=	16.26

Quantum-Si (NAS:QSI) 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.

Quantum-Si Cash-to-Debt Related Terms

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Quantum-Si (Quantum-Si) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Quantum-Si Inc (NAS:QSI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

530 Old Whitfield Street, Guilford, CT, USA

Website

https://www.quantum-si.com

Quantum-Si Inc is focused on revolutionizing the growing field of proteomics. The company's suite of technologies is powered by a first-of-its-kind semiconductor chip designed to enable single-molecule next-generation protein sequencing and genomics, and digitize proteomic research in order to advance drug discovery and diagnostics beyond DNA sequencing.

Executives

Amir Jafri	director	C/O QUANTUM-SI INCORPORATED, 29 BUSINESS PARK DR., BRANFORD CT 06405
John P. Kenny	director	3471 RIVER HILLS DRIVE, CINCINNATI OH 45244
Jeffry R. Keyes	officer: Chief Financial Officer	13950 STOWE DRIVE, POWAY CA 92064-8803
Scott Mendel	director	5964 LA PLACE COURT, ADDRESS 2, CARLSBAD CA 92008
Christian Lapointe	officer: General Counsel & Corp. Secr.	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Grace Johnston	officer: Chief Commercial Officer	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Kevin Rakin	director, officer: Chairman and CEO	36 CHURCH LANE, WESTPORT CT 06880
Jeffrey Alan Hawkins	director, officer: Chief Executive Officer	5964 LA PLACE COURT, CARLSBAD CA 92008
Vikram Bajaj	director	600 MONTGOMERY STREET, SUITE 4500, SAN FRANCISCO CA 94111
Jonathan M Rothberg	director, 10 percent owner	C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD ST., GUILFORD CT 06437
Matthew Dyer	officer: Chief Business Officer	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Michael P Mckenna	officer: President and COO	C/O CURAGEN CORP, 555 LONG WHARF DR. 11TH FL., NEW HAVEN CT 06511
Patrick Schneider	officer: President and COO	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
John Viii Stark	director, officer: Chief Executive Officer	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
2012 Jmr Trust Common Llc	10 percent owner	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437