Sidus Space (Sidus Space) Cash-to-Debt : 0.25 (As of Dec. 2023)

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What is Sidus Space 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. Sidus Space's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.25.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Sidus Space couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SIDU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.25 Max: 3.31
Current: 0.25

During the past 5 years, Sidus Space's highest Cash to Debt Ratio was 3.31. The lowest was 0.00. And the median was 0.25.

SIDU's Cash-to-Debt is ranked worse than
69.48% of 308 companies
in the Aerospace & Defense industry
Industry Median: 0.725 vs SIDU: 0.25

Sidus Space Cash-to-Debt Historical Data

The historical data trend for Sidus Space'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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Sidus Space Cash-to-Debt Chart

Sidus Space Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.01

3.31

0.95

0.25

Sidus Space Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										0.95	0.93	3.37	0.59	0.25

Competitive Comparison of Sidus Space's Cash-to-Debt

For the Aerospace & Defense subindustry, Sidus Space'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.

Sidus Space's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Sidus Space's Cash-to-Debt distribution charts can be found below:

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

Sidus Space 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.

Sidus Space'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)
	=	1.216	/	(4.818	+	0)
	=	0.25

Sidus Space'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)
	=	1.216	/	(4.818	+	0)
	=	0.25

Sidus Space (NAS:SIDU) 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.

Sidus Space Cash-to-Debt Related Terms

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Sidus Space (Sidus Space) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Sidus Space Inc (NAS:SIDU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 N. Sykes Creek Parkway, Suite 200, Merritt Island, FL, USA, 32953

Website

https://www.sidusspace.com

Sidus Space Inc is a Space and Defense as-a-Service company focused on providing complex space hardware, satellite/spacecraft design, manufacture, launch, and data solutions for both government and commercial in-space missions for all destinations through the solar system. This includes a Space-based infrastructure of multi-mission satellites with hyperspectral, multi-spectral and other sensors to provide monitoring services and solutions to multiple sectors and industries. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers.

Executives

Carol Marlene Craig	director, 10 percent owner, officer: CEO	150 N. SYKES CREEK PKWY, SUITE 200, MERRITT ISLAND FL 32953
Leonardo Riera	director	18688 SEA TURTLE LANE, BOCA RATON FL 33498
Miguel Valero	director	150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32953
Oliver John Cole	director	150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32943
Dana S Kilborne	director	102 WEST BAKER STREET, PLANT CITY FL 33563
Scott J Silverman	officer: Chief Financial Officer	1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134