PAR Technology (PAR Technology) Cash-to-Debt : 0.19 (As of Mar. 2024)

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What is PAR Technology 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. PAR Technology's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.19.

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, PAR Technology couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

PAR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.62 Max: 16
Current: 0.19

During the past 13 years, PAR Technology's highest Cash to Debt Ratio was 16.00. The lowest was 0.19. And the median was 0.62.

PAR's Cash-to-Debt is ranked worse than
86.03% of 2799 companies
in the Software industry
Industry Median: 2.43 vs PAR: 0.19

PAR Technology Cash-to-Debt Historical Data

The historical data trend for PAR Technology'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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PAR Technology Cash-to-Debt Chart

PAR Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.42

1.66

0.61

0.28

0.20

PAR Technology 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															0.23	0.22	0.20	0.20	0.19

Competitive Comparison of PAR Technology's Cash-to-Debt

For the Software - Application subindustry, PAR Technology'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.

PAR Technology's Cash-to-Debt Distribution in the Software Industry

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

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

PAR Technology 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.

PAR Technology'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)
	=	74.563	/	(1.366	+	380.466)
	=	0.20

PAR Technology'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)
	=	72.51	/	(1.201	+	380.674)
	=	0.19

PAR Technology (NYSE:PAR) 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.

PAR Technology Cash-to-Debt Related Terms

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

PAR Technology (PAR Technology) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

35U:Germany

Address

PAR Technology Park, 8383 Seneca Turnpike, New Hartford, NY, USA, 13413-4991

Website

https://www.partech.com

PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation and communication services. It has two segments. Restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software and integrated technical solutions to the restaurant and retail industries. Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.

Executives

Douglas Gregory Rauch	director	54 WILDE ROAD, WABAN MA 02468
Michael Anthony Steenberge	officer: Chief Accounting Officer	PAR TECHNOLOGY CORPORATION, 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Cathy A King	officer: VP, GEN COUNSEL & CORP SEC	5424 LAKE HOUSE ROAD, BRANTINGHAM NY 13312
Michael David Nelson	officer: President of Subsidiary	747 GRAND WOOD CT., SPRINGBORO OH 45066
Raju Malhotra	officer: CHF PRODUCT & TECH OFFICER	745 BROMFIELD RD, HILLSBOROUGH CA 94010
Narinder Singh	director	4096 PIEDMONT AVENUE, #231, OAKLAND CA 94618
Keith Pascal	director	1520 FOREST AVE., HIGHLAND PARK IL 60035
Sammon John W Jr	director	8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Bryan A Menar	officer: VP & Chief Financial Officer	8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Matthew R Cicchinelli	officer: President, PGSC & RRC	8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Donald H Foley	director, officer: President & CEO	8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Adam D Wyden	10 percent owner	1133 BROADWAY, SUITE 719, NEW YORK NY 10010
Adw Capital Management, Llc	10 percent owner	6431 ALLISON ROAD, MIAMI BEACH FL 33141
Adw Capital Partners, L.p.	10 percent owner	6431 ALLISON ROAD, MIAMI BEACH FL 33141
James C Stoffel	director	101 KNOLLWOOD DRIVE, ROCHESTER NY 14618