SYZLF (Sylogist) Cash-to-Debt : 0.69 (As of Dec. 2024)

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What is Sylogist 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. Sylogist's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.69.

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, Sylogist couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

SYZLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.65 Med: No Debt Max: No Debt
Current: 0.69

During the past 13 years, Sylogist's highest Cash to Debt Ratio was No Debt. The lowest was 0.65. And the median was No Debt.

SYZLF's Cash-to-Debt is ranked worse than
71.45% of 2785 companies
in the Software industry
Industry Median: 2.57 vs SYZLF: 0.69

Sylogist Cash-to-Debt Historical Data

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

Sylogist Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

86.03

1.56

0.65

0.69

Sylogist Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.65	0.52	0.26	0.69	0.69

Competitive Comparison of Sylogist's Cash-to-Debt

For the Software - Application subindustry, Sylogist'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.

Sylogist's Cash-to-Debt Distribution in the Software Industry

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

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

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Sylogist 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.

Sylogist's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	9.31	/	(0.109	+	13.443)
	=	0.69

Sylogist's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	9.31	/	(0.109	+	13.443)
	=	0.69

Sylogist (OTCPK:SYZLF) 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.

Sylogist Cash-to-Debt Related Terms

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Sylogist Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sylogist Ltd (OTCPK:SYZLF) » Definitions » Cash-to-Debt

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SYZ:Canada

Address

5 Richard Way South West, Suite 102, Calgary, AB, CAN, T3E 7M8

Website

https://www.sylogist.com

Sylogist Ltd is a software company that provides software-as-a-service (SaaS) solutions that provides ERP, CRM, fundraising, education administration, and payments solutions to education verticals. , including fund accounting, grant management, and payroll to public service organizations. The company's revenue is divided inti verticals, namely, SylogistMission, SylogistEd, SylogistGov, and SylogistServices. It receives maximum revenue in the form of SaaS subscriptions. Geographically, the company offers its services to the United States of America, Canada, the United Kingdom, and other regions. The majority of the revenue comes from the United States of America.