Climb Global Solutions (Climb Global Solutions) Cash-to-Debt : 13.85 (As of Dec. 2023)

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What is Climb Global Solutions 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. Climb Global Solutions's cash to debt ratio for the quarter that ended in Dec. 2023 was 13.85.

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

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

CLMB' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.58 Med: 5006.92 Max: No Debt
Current: 13.85

During the past 13 years, Climb Global Solutions's highest Cash to Debt Ratio was No Debt. The lowest was 5.58. And the median was 5006.92.

CLMB's Cash-to-Debt is ranked better than
80.73% of 2470 companies
in the Hardware industry
Industry Median: 1.38 vs CLMB: 13.85

Climb Global Solutions Cash-to-Debt Historical Data

The historical data trend for Climb Global Solutions'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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Climb Global Solutions Cash-to-Debt Chart

Climb Global Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

5.83

11.05

12.81

5.58

13.85

Climb Global Solutions 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															5.58	18.32	14.10	17.51	13.85

Competitive Comparison of Climb Global Solutions's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Climb Global Solutions'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.

Climb Global Solutions's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Climb Global Solutions's Cash-to-Debt distribution charts can be found below:

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

Climb Global Solutions 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.

Climb Global Solutions'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)
	=	36.295	/	(0.99	+	1.631)
	=	13.85

Climb Global Solutions'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)
	=	36.295	/	(0.99	+	1.631)
	=	13.85

Climb Global Solutions (NAS:CLMB) 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.

Climb Global Solutions Cash-to-Debt Related Terms

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

Climb Global Solutions (Climb Global Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Climb Global Solutions Inc (NAS:CLMB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Industrial Way West, Suite 300, Eatontown, NJ, USA, 07724

Website

https://www.waysidetechnology.com

Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value added resellers (VARs), consultants and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware and services to customers under the names Grey Matter.

Executives

Timothy Popovich	officer: COO & President	715 OCEAN GATE AVE, PO BOX 523, OCEAN GATE NJ 08740
Andrew S Bryant	director	ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Andrew E Clark	officer: Chief Financial Officer	6011 UNIVERSITY BLVD., SUITE 370, ELLICOTT CITY MD 21043
Geygan Jeffrey Richart Geygan	director	1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
John R Mccarthy	director	4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Kimberly Boren	director	18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Gerri Gold	director	4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Dale Richard Foster	officer: Executive VP	10900 PUMP HOUSE ROAD, ANNAPOLIS JUNCTION MD 20701
Charles Edward Bass	officer: VP New Business	12427 BAYHILL DRIVE, CARMEL IN 46033
Vito Legrottaglie	officer: VP Management Info Systems
Greg Scorziello	director	4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Matthew M Sullivan	officer: CAO	4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Carol Dibattiste	director	1155 W FREDERICK SMALL RD, JUPITER FL 33458
Diana Kurty	director	C/O WAYSIDE TECHNOLOGY GROUP, 11, SHREWSBURY NJ 07702
Michael Faith	director, officer: Director	ONE DANIEL BURNHAM CT., #400C, SAN FRANCISCO CA 94109