Zoomd Technologies (TSXV:ZOMD) Cash-to-Debt : 0.37 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Zoomd 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. Zoomd Technologies's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.37.

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

TSXV:ZOMD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: No Debt Max: No Debt
Current: 0.37

During the past 9 years, Zoomd Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.37. And the median was No Debt.

TSXV:ZOMD's Cash-to-Debt is ranked worse than
84.16% of 587 companies
in the Interactive Media industry
Industry Median: 4.63 vs TSXV:ZOMD: 0.37

Zoomd Technologies Cash-to-Debt Historical Data

The historical data trend for Zoomd 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.

* Premium members only.

Zoomd Technologies Cash-to-Debt Chart

Zoomd Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

3.30

1.80

1.89

0.79

Zoomd Technologies Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.91	0.79	0.57	0.45	0.37

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

For the Internet Content & Information subindustry, Zoomd 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.

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

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

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

Zoomd 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.

Zoomd Technologies'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)
	=	5.13	/	(3.391	+	3.085)
	=	0.79

Zoomd Technologies'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)
	=	1.978	/	(2.777	+	2.597)
	=	0.37

Zoomd Technologies (TSXV:ZOMD) 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.

Zoomd Technologies Cash-to-Debt Related Terms

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

Zoomd Technologies (TSXV:ZOMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zoomd Technologies Ltd (TSXV:ZOMD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ZMDTF:USA 3ZD:Germany

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, V7Y 1B3

Website

https://www.zoomd.com

Zoomd Technologies Ltd has developed a proprietary patented technology that targets the needs of many segments of the digital marketing industry. It focuses on efficient user acquisition for companies and products aimed at mobile users. The Company leverages onsite search providing increased monetization and engagement for publishers as well as more efficient management of digital advertising budgets for media agencies and advertisers, targeting usually mobile app user acquisition.

Zoomd Technologies (TSXV:ZOMD) Headlines

No Headlines