Castlight Health (Castlight Health) Cash-to-Debt : 7.35 (As of Sep. 2021)

View and export this data going back to 2014. Start your Free Trial

What is Castlight Health 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. Castlight Health's cash to debt ratio for the quarter that ended in Sep. 2021 was 7.35.

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, Castlight Health could pay off its debt using the cash in hand for the quarter that ended in Sep. 2021.

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

CSLT's Cash-to-Debt is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.74
* Ranked among companies with meaningful Cash-to-Debt only.

Castlight Health Cash-to-Debt Historical Data

The historical data trend for Castlight Health'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.

* Premium members only.

Castlight Health Cash-to-Debt Chart

Castlight Health Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

18.83

23.77

3.11

3.72

Castlight Health Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt	Get a 7-Day Free Trial															3.20	3.72	4.77	5.82	7.35

Competitive Comparison of Castlight Health's Cash-to-Debt

For the Health Information Services subindustry, Castlight Health'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.

Castlight Health's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Castlight Health's Cash-to-Debt distribution charts can be found below:

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

Castlight Health 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.

Castlight Health'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)
	=	49.242	/	(5.789	+	7.446)
	=	3.72

Castlight Health's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	65.768	/	(5.004	+	3.95)
	=	7.35

Castlight Health (NYSE:CSLT) 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.

Castlight Health Cash-to-Debt Related Terms

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

Castlight Health (Castlight Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Castlight Health Inc (NYSE:CSLT) » Definitions » Cash-to-Debt

Comparable Companies

XPAR:CGM SHSE:600767 TSE:3902 CLNH XSWX:ASCN HKSE:06819 TSE:2150 TSX:CARE XKRX:032620 TSE:6078

Traded in Other Exchanges

N/A

Address

150 Spear Street, Suite 400, San Francisco, CA, USA, 94105

Website

https://www.castlighthealth.com

Castlight Health Inc provides a software-as-a-service platform. It is used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits. The company derives its revenue from sales of cloud-based subscription service and professional services contracts. Castlight generates its geographical revenue from the United States.

Executives

Venrock Partners Management V, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Management V, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Management Vi, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Associates Vi, L.p.	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners Management Vi, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners Vi, L.p.	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Entrepreneurs Fund V, L.p.	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Vef Management V, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners V L P	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Associates V Lp	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Maeve O'meara	officer: EVP,Product&CustomerExperience	C/O CASTLIGHT HEALTH, INC., 150 SPEAR ST., SUITE 400, SAN FRANCISCO CA 94105
William Bondurant	officer: Chief Financial Officer	C/O CASTLIGHT HEALTH, INC. 150 SPEAR STREET, SUITE 400 SAN FRANCISCO CA 94105
Chan M.p. Eric	officer: Chief Accounting Officer	C/O CASTLIGHT HEALTH, INC. 150 SPEAR ST., SUITE 400 SAN FRANCISCO CA 94105
Bryan E Roberts	director, 10 percent owner	C/O VENROCK ASSOCIATES, 2494 SAND HILL ROAD STE 200, MENLO PARK CA 94025
Seth B. Cohen	director	C/O CASTLIGHT HEALTH, INC. 150 SPEAR ST., SUITE 400 SAN FRANCISCO CA 94105