UMeWorld (UMeWorld) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is UMeWorld 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. UMeWorld'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, UMeWorld 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 UMeWorld's Cash-to-Debt or its related term are showing as below:

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

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

UMEWF's Cash-to-Debt is ranked better than
99.83% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs UMEWF: No Debt

UMeWorld Cash-to-Debt Historical Data

The historical data trend for UMeWorld'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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UMeWorld Cash-to-Debt Chart

UMeWorld Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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No Debt

UMeWorld Semi-Annual Data
	Sep04	Sep05	Sep06	Sep07	Sep08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of UMeWorld's Cash-to-Debt

For the Packaged Foods subindustry, UMeWorld'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.

UMeWorld's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, UMeWorld's Cash-to-Debt distribution charts can be found below:

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

UMeWorld 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.

UMeWorld's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

UMeWorld had no debt ⁽¹⁾.

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

UMeWorld had no debt ⁽¹⁾.

UMeWorld (OTCPK:UMEWF) 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.

UMeWorld Cash-to-Debt Related Terms

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

UMeWorld (UMeWorld) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » UMeWorld Ltd (OTCPK:UMEWF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Yee Wo Street, Unit B, 12th Floor, Hang Seng Causeway Bay Building, Causeway Bay, Hong Kong, HKG

Website

http://www.umeworld.com

UMeWorld Ltd is an internet technology company. It has developed a UMFun, the kindergarten-to-grade (K-12) product of the company which is a cloud-based, adaptive learning and assessment platform which analyzes and adapts to a student's performance and personalizes the delivery of proprietary educational items in accordance with the student's learning needs. The company offers UMFun's off-school version to Chinese K-12 students through China Mobile. Its other products are UMTang, UEXiao, and 17Speech.

Executives

Sandro Persia	officer: Secretary & Treasurer	10-75 EAST BEAVER CREEK, RICHMOND HILL A6 L4B 1B8
John David Milroy	director
Marcel Urbanc	officer: Chief Financial Officer
Sai Ming Wong	other: Former Director & Officer	10-75 EAST BEAVER CREEK, RICHMOND HILL A6 L4B 1B8
Michael Weisspapir	officer: Chief Medical Scientist	CO/ EASGATE, 2681 EAST PARLEYS WAY, SUITE 204, SALT LAKE CITY UT 84109
Man Ching Lee	director, 10 percent owner, officer: President	10-75 EAST BEAVER CREEK, RICHMOND HILL A6 L4B 1B8
Keith Ford Moore	director	NEUMARKET, ONT CANADA, L3Y 1J8 A6 00000
Joseph Schwarz	officer: Chief Scientist	CO/ EASTGATE, 2681 EAST PARLEYS WAY, SUITE 204, SALT LAKE CITY UT 84109