LeadDesk Oyj (OHEL:LEADD) Cash-to-Debt : 0.32 (As of Jun. 2024)

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What is LeadDesk Oyj 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. LeadDesk Oyj's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.32.

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, LeadDesk Oyj couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

OHEL:LEADD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 0.39 Max: 9.6
Current: 0.32

During the past 8 years, LeadDesk Oyj's highest Cash to Debt Ratio was 9.60. The lowest was 0.24. And the median was 0.39.

OHEL:LEADD's Cash-to-Debt is ranked worse than
80.89% of 2810 companies
in the Software industry
Industry Median: 2.385 vs OHEL:LEADD: 0.32

LeadDesk Oyj Cash-to-Debt Historical Data

The historical data trend for LeadDesk Oyj'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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LeadDesk Oyj Cash-to-Debt Chart

LeadDesk Oyj Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

8.25

9.07

0.68

0.33

0.30

LeadDesk Oyj Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial										0.36	0.33	0.32	0.30	0.32

Competitive Comparison of LeadDesk Oyj's Cash-to-Debt

For the Software - Application subindustry, LeadDesk Oyj'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.

LeadDesk Oyj's Cash-to-Debt Distribution in the Software Industry

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

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

LeadDesk Oyj 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.

LeadDesk Oyj'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)
	=	2.236	/	(2.133	+	5.445)
	=	0.30

LeadDesk Oyj's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	2.49	/	(1.496	+	6.412)
	=	0.31

LeadDesk Oyj (OHEL:LEADD) 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.

LeadDesk Oyj Cash-to-Debt Related Terms

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

LeadDesk Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LeadDesk Oyj (OHEL:LEADD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hameentie 19, Helsinki, FIN, 00500

Website

https://www.leaddesk.com

LeadDesk Oyj offers cloud service for sales and customer-service needs, such as contact centers. The company's major customer industries includes media, security services, energy, telecommunications, financial services, and market research.

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