Rubicon Technologies (MEX:RBT) Cash-to-Debt : 0.08 (As of Mar. 2024)

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What is Rubicon 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. Rubicon Technologies's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.08.

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, Rubicon Technologies 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 Rubicon Technologies's Cash-to-Debt or its related term are showing as below:

MEX:RBT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.28
Current: 0.08

During the past 5 years, Rubicon Technologies's highest Cash to Debt Ratio was 0.28. The lowest was 0.04. And the median was 0.08.

MEX:RBT's Cash-to-Debt is ranked worse than
93.39% of 2798 companies
in the Software industry
Industry Median: 2.55 vs MEX:RBT: 0.08

Rubicon Technologies Cash-to-Debt Historical Data

The historical data trend for Rubicon 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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Rubicon Technologies Cash-to-Debt Chart

Rubicon Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.28

0.07

0.10

0.07

0.11

Rubicon Technologies Quarterly Data
	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial									0.07	0.16	0.08	0.11	0.08

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

For the Software - Application subindustry, Rubicon 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.

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

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

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

Rubicon 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.

Rubicon Technologies'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)
	=	317.334	/	(1219.532	+	1651.645)
	=	0.11

Rubicon Technologies'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)
	=	229.792	/	(1201.171	+	1700.203)
	=	0.08

Rubicon Technologies (MEX:RBT) 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.

Rubicon Technologies Cash-to-Debt Related Terms

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Rubicon Technologies (MEX:RBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rubicon Technologies Inc (MEX:RBT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RBTC:USA

Address

100 West Main Street, Suite 610, Lexington, KY, USA, 40507

Website

https://www.rubicon.com

Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

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