Text (WAR:TXT) Cash-to-Debt : 307.49 (As of Dec. 2023)

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What is Text 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. Text's cash to debt ratio for the quarter that ended in Dec. 2023 was 307.49.

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, Text could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

WAR:TXT' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.33 Med: No Debt Max: No Debt
Current: 307.49

During the past 10 years, Text's highest Cash to Debt Ratio was No Debt. The lowest was 11.33. And the median was No Debt.

WAR:TXT's Cash-to-Debt is ranked better than
88.52% of 2796 companies
in the Software industry
Industry Median: 2.42 vs WAR:TXT: 307.49

Text Cash-to-Debt Historical Data

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

Text Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

12.59

25.32

34.47

No Debt

Text 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															85.16	No Debt	No Debt	107.19	307.49

Competitive Comparison of Text's Cash-to-Debt

For the Software - Application subindustry, Text'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.

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

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

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

Text 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.

Text's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Text had no debt ⁽¹⁾.

Text'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)
	=	92.247	/	(0.3	+	0)
	=	307.49

Text (WAR:TXT) 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.

Text Cash-to-Debt Related Terms

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Text (WAR:TXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Text SA (WAR:TXT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LCHTF:USA 886:Germany

Address

ul. Zwycieska 47, Wroclaw, POL, 53-033

Website

https://www.text.com

Text SA is a Poland-based company offering services in the SaaS (Software as a Service) model supporting sales and customer service. The company provides better customer service at scale by analyzing, enriching, and automating text communication. It has developed LiveChat, a tool used for direct communication between the website visitor and its owner. For the end user, it has the form of a chat window placed on the website, ChatBot, an all-in-one platform to build and launch conversational chatbots without coding; HelpDesk that supports customers with tickets; KnowledgeBase and OpenWidget.