Sykes Enterprises (Sykes Enterprises) Cash-to-Debt : 0.60 (As of Jun. 2021)

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What is Sykes Enterprises 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. Sykes Enterprises's cash to debt ratio for the quarter that ended in Jun. 2021 was 0.60.

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, Sykes Enterprises couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

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

SYKE's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.44
* Ranked among companies with meaningful Cash-to-Debt only.

Sykes Enterprises Cash-to-Debt Historical Data

The historical data trend for Sykes Enterprises'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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Sykes Enterprises Cash-to-Debt Chart

Sykes Enterprises Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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1.03

1.29

1.37

0.49

Sykes Enterprises Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Cash-to-Debt	Get a 7-Day Free Trial															0.51	0.61	0.49	0.52	0.60

Competitive Comparison of Sykes Enterprises's Cash-to-Debt

For the Information Technology Services subindustry, Sykes Enterprises'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.

Sykes Enterprises's Cash-to-Debt Distribution in the Software Industry

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

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

Sykes Enterprises 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.

Sykes Enterprises's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	119.857	/	(55.928	+	189.336)
	=	0.49

Sykes Enterprises's Cash to Debt Ratio for the quarter that ended in Jun. 2021 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)
	=	103.209	/	(48.321	+	123.342)
	=	0.60

Sykes Enterprises (NAS:SYKE) 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.

Sykes Enterprises Cash-to-Debt Related Terms

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Sykes Enterprises (Sykes Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sykes Enterprises Inc (NAS:SYKE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 North Ashley Drive, Suite 2800, Tampa, FL, USA, 33602

Website

http://www.sykes.com

Sykes Enterprises Inc or Sykes is a provider of multichannel demand generation and global customer engagement services. Their end customers are in communications, financial services, technology, transportation and leisure, healthcare, retail and other industries. Sykes serves its clients through two geographic operating regions which are the Americas & EMEA. In Europe, it also provides fulfillment services, which includes order processing, payment processing, inventory control, product delivery and product returns handling.

Executives

John Chapman	officer: EVP & CFO	400 N ASHLEY DRIVE TAMPA FL 33602
James T Holder	officer: Executive VP & Secretary	3916 STATE STREET SUITE 300 SANTA BARBARA CA 93105
Lawrence Zingale	officer: Executive Vice President	400 N. ASHLEY DRIVE, 2800, TAMPA FL 33602
William J Meurer	director
David Pearson	officer: Executive Vice President	400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602
Charles E Sykes	officer: CEO & President	400 N ASHLEY DRIVE TAMPA FL 33602
W. Mark Watson	director	324 S. HYDE PARK AVENUE, STE 350, TAMPA FL 33606
Mark C Bozak	director
James S Macleod	director	250 E KILBOURN AVE, MILWAUKEE WI 53202
Chang Vanessa C L	director	P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Carlos E Evans	director	3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Lorraine L Lutton	director	400 N. ASHLEY DRIVE, SUITE 2800 TAMPA FL 33602
Muir William D Jr	director	10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
William Rocktoff	officer: VP & Corporate Controller	400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602
Jenna Nelson	officer: Executive Vice President	400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602