SolarWinds (SolarWinds) Cash-to-Debt : 0.23 (As of Dec. 2023)

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What is SolarWinds 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. SolarWinds's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.23.

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, SolarWinds couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SWI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.13 Max: 0.37
Current: 0.23

During the past 8 years, SolarWinds's highest Cash to Debt Ratio was 0.37. The lowest was 0.05. And the median was 0.13.

SWI's Cash-to-Debt is ranked worse than
84.53% of 2792 companies
in the Software industry
Industry Median: 2.41 vs SWI: 0.23

SolarWinds Cash-to-Debt Historical Data

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

SolarWinds Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.09

0.13

0.37

0.12

0.23

SolarWinds 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															0.12	0.11	0.14	0.19	0.23

Competitive Comparison of SolarWinds's Cash-to-Debt

For the Software - Infrastructure subindustry, SolarWinds'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.

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

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

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

SolarWinds 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.

SolarWinds'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)
	=	289.172	/	(27.375	+	1240.782)
	=	0.23

SolarWinds'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)
	=	289.172	/	(27.375	+	1240.782)
	=	0.23

SolarWinds (NYSE:SWI) 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.

SolarWinds Cash-to-Debt Related Terms

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

SolarWinds (SolarWinds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SolarWinds Corp (NYSE:SWI) » Definitions » Cash-to-Debt

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0OIA:Germany

Address

7171 Southwest Parkway, Building 400, Austin, TX, USA, 78735

Website

https://www.solarwinds.com

SolarWinds Corp is a provider of information technology (IT), and management software. Company offers full-stack observability solutions. The company's business is focused on building products that enable technology professionals and leaders to securely monitor and manage the performance of their IT environments, whether on-premises, in the cloud or in hybrid deployments. The products offered are designed to monitor and manage networks, systems, databases and applications across on-premises, multi-cloud and hybrid IT environments without the need for customization or professional services. Majority of company's revenue is earned in United States.

Executives

Easwaran Sundaram	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Jason Bliss	officer: EVP General Counsel	7171 SOUTHWEST PKWY STE 400, AUSTIN TX 78735-6140
Rohini Kasturi	officer: EVP, Chief Product Officer	7171 SOUTHWEST PARKWAY, BUILDING 400, AUSTIN TX 78735
Andrea Webb	officer: EVP, Chief Customer Officer	7171 SOUTHWEST PARKWAY, BUILDING 400, AUSTIN TX 78735
Sudhakar Ramakrishna	director, officer: CEO & President	4750 WILLOW RD., PLEASANTON CA 94588
Cathleen A Benko	director	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Douglas P Smith	director	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
David Gardiner	officer: Executive VP, Core IT	7171 SOUTHWEST PKWY STE 400, AUSTIN TX 78735-6140
James Barton Kalsu	officer: EVP CFO & Treasurer	7171 SOUTHWEST PARKWAY, BUILDING 400, AUSTIN TX 78735
Hermes Usa Investors Venture Ii, Lp	other: See Remarks	C/O CORPORATION SERVICES COMPANY, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808-1674
Neuberger Berman Insurance Fund Series Interests Of The Sali Multi-series Fund, L.p.	10 percent owner	325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Harbourvest Global Annual Private Equity Fund L.p.	other: See Remarks	HARBOURVEST PARTNERS, LLC, ONE FINANCIAL CENTER, 44TH FLOOR, BOSTON MA 02111
Alpinvest Partners B.v.	10 percent owner	JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Nb Alternatives Advisers Llc	10 percent owner	325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Howard Hughes Medical Institute	other: HHMI is a member of 10% group	4000 JONES BRIDGE ROAD, CHEVY CHASE MD 20815-6789