Softcat (LSE:SCT) Cash-to-Debt : 15.30 (As of Jul. 2024)

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What is Softcat 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. Softcat's cash to debt ratio for the quarter that ended in Jul. 2024 was 15.30.

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, Softcat could pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

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

LSE:SCT' s Cash-to-Debt Range Over the Past 10 Years
Min: 8.15 Med: 5007.65 Max: No Debt
Current: 15.3

During the past 12 years, Softcat's highest Cash to Debt Ratio was No Debt. The lowest was 8.15. And the median was 5007.65.

LSE:SCT's Cash-to-Debt is ranked better than
81.74% of 2454 companies
in the Hardware industry
Industry Median: 1.285 vs LSE:SCT: 15.30

Softcat Cash-to-Debt Historical Data

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

Softcat Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Cash-to-Debt

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8.15

12.25

14.60

12.56

15.30

Softcat Semi-Annual Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial															14.60	15.20	12.56	12.81	15.30

Competitive Comparison of Softcat's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Softcat'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.

Softcat's Cash-to-Debt Distribution in the Hardware Industry

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

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

Softcat 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.

Softcat's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	158.454	/	(2.253	+	8.105)
	=	15.30

Softcat's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	158.454	/	(2.253	+	8.105)
	=	15.30

Softcat (LSE:SCT) 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.

Softcat Cash-to-Debt Related Terms

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Softcat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Softcat PLC (LSE:SCT) » Definitions » Cash-to-Debt

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SCTl:UK

Address

Fieldhouse Lane, Solar House, Marlow, Buckinghamshire, GBR, SL7 1LW

Website

https://www.softcat.com

Softcat PLC is a information technology infrastructure and service provider. It offers software licensing, workplace technology, networking and security, and cloud and data center solutions to the corporates, public sector organizations and small to medium-sized business segment, of which small to medium-sized business segment is the business provider to the company. The entity earns revenue from offering products like software, hardware, and services, as well as the sale of the company's own services, of which majority of the revenue is derived from offering software products.