XTM (XCNQ:PAID) Cash-to-Debt : 0.13 (As of Sep. 2023)

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What is XTM 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. XTM's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.13.

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, XTM couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XCNQ:PAID' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 13.61 Max: No Debt
Current: 0.13

During the past 5 years, XTM's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 13.61.

XCNQ:PAID's Cash-to-Debt is ranked worse than
89.75% of 2799 companies
in the Software industry
Industry Median: 2.45 vs XCNQ:PAID: 0.13

XTM Cash-to-Debt Historical Data

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

XTM Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

0.01

0.49

35.37

18.29

XTM Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial														25.06	24.56	18.29	8.93	0.13

Competitive Comparison of XTM's Cash-to-Debt

For the Information Technology Services subindustry, XTM'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.

XTM's Cash-to-Debt Distribution in the Software Industry

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

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

XTM 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.

XTM'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)
	=	2.688	/	(0.147	+	0)
	=	18.29

XTM's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.417	/	(0.084	+	3.127)
	=	0.13

XTM (XCNQ:PAID) 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.

XTM Cash-to-Debt Related Terms

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XTM (XCNQ:PAID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » XTM Inc (XCNQ:PAID) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

XTMIF:USA 7XT:Germany

Address

67 Mowat Avenue, Suite 437, Toronto, ON, CAN, M6K 1E3

Website

https://www.xtminc.com

XTM Inc is a fintech company. The company provides necessary support systems including mobile and web applications and ancillary banking services. Its product includes Issuing Cards; Pre-Authorized Debit; Direct Deposit Accounts; Digital Banking; Visa Direct/Mastercard Send; ACH/EFT transfers and Reverse ATM. The company serves Hospitality and Salons; Payroll; Government Payouts companies. Its revenues are primarily generated from financial service fees charged to cardholders and merchants accepting the cards for payment. Revenue from financial services is generated from multiple sources including transaction fees, cardholder fees, load fees, and interchange fees.

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