Tecsys (Tecsys) Cash-to-Debt : 14.41 (As of Jan. 2024)

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What is Tecsys 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. Tecsys's cash to debt ratio for the quarter that ended in Jan. 2024 was 14.41.

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

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

TCYSF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.58 Med: 2.61 Max: 221.58
Current: 14.41

During the past 13 years, Tecsys's highest Cash to Debt Ratio was 221.58. The lowest was 0.58. And the median was 2.61.

TCYSF's Cash-to-Debt is ranked better than
71.41% of 2802 companies
in the Software industry
Industry Median: 2.51 vs TCYSF: 14.41

Tecsys Cash-to-Debt Historical Data

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

Tecsys Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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1.26

1.80

2.44

3.04

12.73

Tecsys Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															5.03	12.73	11.81	13.45	14.41

Competitive Comparison of Tecsys's Cash-to-Debt

For the Software - Application subindustry, Tecsys'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.

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

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

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

Tecsys 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.

Tecsys's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	27.492	/	(0.588	+	1.572)
	=	12.73

Tecsys's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	24.741	/	(0.595	+	1.122)
	=	14.41

Tecsys (OTCPK:TCYSF) 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.

Tecsys Cash-to-Debt Related Terms

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Tecsys (Tecsys) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tecsys Inc (OTCPK:TCYSF) » Definitions » Cash-to-Debt

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TCS:Canada

Address

1 Place Alexis Nihon, Suite 800, Montreal, QC, CAN, H3Z 3B8

Website

https://www.tecsys.com

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada and Other Countries. Its only operating segment is the development and marketing of enterprise-wide distribution software and related services.