ZoomAway Technologies (ZoomAway Technologies) Cash-to-Debt : 0.00 (As of Dec. 2023)

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What is ZoomAway Technologies 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. ZoomAway Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.00.

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, ZoomAway Technologies 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 ZoomAway Technologies's Cash-to-Debt or its related term are showing as below:

During the past 13 years, ZoomAway Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.07.

ZMWYF's Cash-to-Debt is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.57
* Ranked among companies with meaningful Cash-to-Debt only.

ZoomAway Technologies Cash-to-Debt Historical Data

The historical data trend for ZoomAway Technologies'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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ZoomAway Technologies Cash-to-Debt Chart

ZoomAway Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.16

0.01

ZoomAway Technologies 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															0.01	0.02	0.01	-	-

Competitive Comparison of ZoomAway Technologies's Cash-to-Debt

For the Travel Services subindustry, ZoomAway Technologies'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.

ZoomAway Technologies's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ZoomAway Technologies's Cash-to-Debt distribution charts can be found below:

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

ZoomAway Technologies 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.

ZoomAway Technologies'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)
	=	0.024	/	(5.853	+	0)
	=	0.00

ZoomAway Technologies'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)
	=	0.024	/	(5.853	+	0)
	=	0.00

ZoomAway Technologies (OTCPK:ZMWYF) 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.

ZoomAway Technologies Cash-to-Debt Related Terms

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ZoomAway Technologies (ZoomAway Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ZoomAway Technologies Inc (OTCPK:ZMWYF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ZMA:Canada

Address

960 Matley Lane, No. 4, Reno, NV, USA, 89502

Website

https://www.zoomaway.com

ZoomAway Technologies Inc is a technology company in the Hospitality and Travel Industries. It has developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Its flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, it is able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience.