FD Technologies (FD Technologies) Cash-to-Debt : 0.45 (As of Feb. 2024)

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What is FD Technologies 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. FD Technologies's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.45.

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, FD Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

FDRVF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.52 Max: 0.68
Current: 0.45

During the past 13 years, FD Technologies's highest Cash to Debt Ratio was 0.68. The lowest was 0.25. And the median was 0.52.

FDRVF's Cash-to-Debt is ranked worse than
77.09% of 2798 companies
in the Software industry
Industry Median: 2.55 vs FDRVF: 0.45

FD Technologies Cash-to-Debt Historical Data

The historical data trend for FD Technologies'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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FD Technologies Cash-to-Debt Chart

FD Technologies Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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0.25

0.60

0.68

0.65

0.45

FD Technologies Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.68	0.60	0.65	0.47	0.45

Competitive Comparison of FD Technologies's Cash-to-Debt

For the Information Technology Services subindustry, FD Technologies'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.

FD Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

FD Technologies 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.

FD Technologies's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	26.246	/	(3.114	+	55.664)
	=	0.45

FD Technologies's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	26.246	/	(3.114	+	55.664)
	=	0.45

FD Technologies (OTCPK:FDRVF) 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.

FD Technologies Cash-to-Debt Related Terms

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FD Technologies (FD Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FD Technologies PLC (OTCPK:FDRVF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GYQ:Ireland FDP.GB:UK FDP:UK

Address

3 Canal Quay, Brian Conlon House, Newry, County Down, GBR, BT35 6BP

Website

https://www.fdtechnologies.com

FD Technologies PLC is a group of data-driven businesses that unlock the value of insight, hindsight, and foresight to drive organizations forward. It comprises KX, the technology for real-time continuous intelligence; First Derivative, a provider of technology-led services in capital markets; and MRP, the enterprise-class, predictive Accounts Based Marketing solution. The Group has determined that its reportable segments are KX, First Derivative, and MRP. First Derivative (FD) segment provides technology and data services in its primary market of Financial Services. The majority of revenue is from the FD segment.

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