Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ReadCloudASX:RCL +1.69% Cash-to-Debt is 22.48 as of Mar. 2026, which is 58% above its 10-year median of 14.27. The stock has 3 warning signs investors should review. Among 2,846 Software companies, ReadCloud ranks better than 75.76% on this metric.
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. ReadCloud's cash to debt ratio for the quarter that ended in Mar. 2026 was 22.48.
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, ReadCloudcould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for ReadCloud's Cash-to-Debt or its related term are showing as below:
ASX:RCL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 6.46 Med: 14.27 Max: No Debt
Current: 22.48
During the past 9 years, ReadCloud's highest Cash to Debt Ratio was No Debt. The lowest was 6.46. And the median was 14.27.
ASX:RCL's Cash-to-Debt is ranked better than 75.76% of 2846
companies
in the Software industry
Industry Median: 2.455
vs ASX:RCL: 22.48
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.
ReadCloud Cash-to-Debt Related Terms
ReadCloud Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for ReadCloud'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.
ASX:RCL vs CRM, SHOP, UBER: Cash-to-Debt Comparison
For the Software - Application subindustry, ReadCloud'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.
ReadCloud Cash-to-Debt vs Software Industry
For the Software industry and Technology sector, ReadCloud's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where ReadCloud's Cash-to-Debt falls into.
* 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.
ReadCloud (ASX:RCL) has a Cash-to-Debt of 22.48 as of Mar. 2026. This is 58% above median its historical median of 14.27. Over the past decade, ReadCloud's Cash-to-Debt has ranged from 6.46 to 10,000.00. According to the industry distribution chart, ReadCloud ranks #690 out of 2846 companies in the Software industry, placing it in the top 24.2%.
Is ReadCloud's Cash-to-Debt too high?
ReadCloud's current Cash-to-Debt of 22.48 is 58% above median its 10-year median of 14.27. Over the past 10 years, this metric has ranged from a low of 6.46 to a high of 10,000.00. The Software industry median Cash-to-Debt is 2.46. ReadCloud's value of 22.48 is 815.7% above this industry median. Based on the distribution chart, ReadCloud ranks #690 out of 2846 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does ReadCloud's Cash-to-Debt compare to CRM and SHOP?
According to the Software industry distribution chart, ReadCloud ranks #690 out of 2846 companies for Cash-to-Debt. This places ReadCloud in the top 24% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 2.46. ReadCloud's value of 22.48 is 815.7% above this benchmark. Historically, ReadCloud's own Cash-to-Debt has ranged from 6.46 to 10,000.00 over the past decade. While the company's 10-year median is 14.27 vs. the industry median of 2.46, ReadCloud has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Software company?
The median Cash-to-Debt among Software companies is 2.46, based on 2,846 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ReadCloud's current Cash-to-Debt of 22.48 is 815.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Cash-to-Debt is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ReadCloud's current Cash-to-Debt is 22.48, which is 58% above median its own 10-year median of 14.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReadCloud stock overvalued right now?
Based on GuruFocus' analysis, ReadCloud (ASX:RCL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.09, compared to a current price of A$0.06 — trading 33.3% below its estimated fair value. The current Cash-to-Debt is 22.48, which is 58% above median its 10-year median of 14.27 and 815.7% above the Software industry median of 2.46. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For ReadCloud (ASX:RCL), the current Cash-to-Debt is 22.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:RCL has been successfully added to your 
