OneSoft Solutions (TSXV:OSS) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is OneSoft Solutions 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. OneSoft Solutions's cash to debt ratio for the quarter that ended in Dec. 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, OneSoft Solutions 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 OneSoft Solutions's Cash-to-Debt or its related term are showing as below:

TSXV:OSS' s Cash-to-Debt Range Over the Past 10 Years
Min: 471.86 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, OneSoft Solutions's highest Cash to Debt Ratio was No Debt. The lowest was 471.86. And the median was No Debt.

TSXV:OSS's Cash-to-Debt is ranked better than
99.85% of 2700 companies
in the Software industry
Industry Median: 2.43 vs TSXV:OSS: No Debt

OneSoft Solutions Cash-to-Debt Historical Data

The historical data trend for OneSoft Solutions'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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OneSoft Solutions Cash-to-Debt Chart

OneSoft Solutions Annual Data

Trend

Feb14

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Dec23

Cash-to-Debt

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No Debt

OneSoft Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of OneSoft Solutions's Cash-to-Debt

For the Software - Application subindustry, OneSoft Solutions'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.

OneSoft Solutions's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, OneSoft Solutions's Cash-to-Debt distribution charts can be found below:

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

OneSoft Solutions 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.

OneSoft Solutions's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

OneSoft Solutions had no debt ⁽¹⁾.

OneSoft Solutions's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

OneSoft Solutions had no debt ⁽¹⁾.

OneSoft Solutions (TSXV:OSS) 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.

OneSoft Solutions Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of OneSoft Solutions's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

OneSoft Solutions (TSXV:OSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneSoft Solutions Inc (TSXV:OSS) » Definitions » Cash-to-Debt

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OSSIF:USA

Address

10230 Jasper Avenue, Suite 4227, Enterprise Square, Edmonton, AB, CAN, T5J 4P6

Website

https://www.onesoft.ca

OneSoft Solutions Inc is a provider of software solutions for select markets, all of which are developed using Microsoft's new Cloud technologies. Its mission is to acquire, manage and build next-generation software businesses that will provide specialized, mission-critical cloud software solutions to address customer needs. It has developed software technology and products that have the capability to transition legacy, on-premise licensed software applications to operate on the Microsoft Azure Cloud Platform. It seeks opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. The Company generates it's majority of the revenue from USA..

Executives

David Shong-tak Tam

Senior Officer