Quizam Media (XCNQ:QQ) Cash-to-Debt : 0.03 (As of Feb. 2024)

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What is Quizam Media 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. Quizam Media's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.03.

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, Quizam Media couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

XCNQ:QQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.33 Max: No Debt
Current: 0.03

During the past 13 years, Quizam Media's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.33.

XCNQ:QQ's Cash-to-Debt is ranked worse than
97.78% of 586 companies
in the Interactive Media industry
Industry Median: 4.69 vs XCNQ:QQ: 0.03

Quizam Media Cash-to-Debt Historical Data

The historical data trend for Quizam Media'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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Quizam Media Cash-to-Debt Chart

Quizam Media Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.01

1.12

0.13

0.01

Quizam Media Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.01	0.03	0.05	0.03

Competitive Comparison of Quizam Media's Cash-to-Debt

For the Internet Content & Information subindustry, Quizam Media'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.

Quizam Media's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Quizam Media's Cash-to-Debt distribution charts can be found below:

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

Quizam Media 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.

Quizam Media's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	0.021	/	(0.567	+	1.563)
	=	0.01

Quizam Media's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	0.053	/	(0.243	+	1.436)
	=	0.03

Quizam Media (XCNQ:QQ) 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.

Quizam Media Cash-to-Debt Related Terms

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

Quizam Media (XCNQ:QQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Quizam Media Corp (XCNQ:QQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6

Website

http://www.quizammedia.com

Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. It produces and acquires content for both entertainment and corporate education. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.

Quizam Media (XCNQ:QQ) Headlines

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