Insyde Software (ROCO:6231) Cash-to-Debt : 9.84 (As of Mar. 2024)

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What is Insyde Software 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. Insyde Software's cash to debt ratio for the quarter that ended in Mar. 2024 was 9.84.

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, Insyde Software could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ROCO:6231' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.62 Med: 15.75 Max: 28322.63
Current: 9.84

During the past 13 years, Insyde Software's highest Cash to Debt Ratio was 28322.63. The lowest was 2.62. And the median was 15.75.

ROCO:6231's Cash-to-Debt is ranked better than
67.39% of 2800 companies
in the Software industry
Industry Median: 2.47 vs ROCO:6231: 9.84

Insyde Software Cash-to-Debt Historical Data

The historical data trend for Insyde Software'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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Insyde Software Cash-to-Debt Chart

Insyde Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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7.01

10.21

12.32

25.56

8.39

Insyde Software Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															34.55	62.59	6.97	8.39	9.84

Competitive Comparison of Insyde Software's Cash-to-Debt

For the Software - Application subindustry, Insyde Software'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.

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

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

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

Insyde Software 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.

Insyde Software'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)
	=	888.03	/	(46.236	+	59.577)
	=	8.39

Insyde Software's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	929.418	/	(45.104	+	49.352)
	=	9.84

Insyde Software (ROCO:6231) 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.

Insyde Software Cash-to-Debt Related Terms

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

Insyde Software (ROCO:6231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Insyde Software Inc (ROCO:6231) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

12F No.161, Sec. 2 Minsheng E. Rd., Jhongshan District, Taipei, TWN

Website

http://www.insydesw.com.tw

Insyde Software Inc is a provider of system firmware and software engineering services in Taiwan. It offers Supervyse systems management software; BlinkBoot UEFI Boot Loader; and mobile applications. Its products are mainly used for the mobile, desktop, server, and embedded systems industries.

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