OVH Groupe (XPAR:OVH) Cash-to-Debt : 0.06 (As of Feb. 2024)

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What is OVH Groupe 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. OVH Groupe's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.06.

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, OVH Groupe couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

XPAR:OVH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.07 Max: 0.46
Current: 0.06

During the past 7 years, OVH Groupe's highest Cash to Debt Ratio was 0.46. The lowest was 0.06. And the median was 0.07.

XPAR:OVH's Cash-to-Debt is ranked worse than
94.23% of 2810 companies
in the Software industry
Industry Median: 2.37 vs XPAR:OVH: 0.06

OVH Groupe Cash-to-Debt Historical Data

The historical data trend for OVH Groupe'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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OVH Groupe Cash-to-Debt Chart

OVH Groupe Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.07

0.14

0.07

0.06

OVH Groupe Semi-Annual Data
	Aug18	Aug19	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial					0.18	0.06	0.46	0.06	0.06

Competitive Comparison of OVH Groupe's Cash-to-Debt

For the Software - Infrastructure subindustry, OVH Groupe'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.

OVH Groupe's Cash-to-Debt Distribution in the Software Industry

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

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

OVH Groupe 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.

OVH Groupe's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	48.999	/	(26.12	+	757.735)
	=	0.06

OVH Groupe's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	46.941	/	(33.106	+	808.137)
	=	0.06

OVH Groupe (XPAR:OVH) 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.

OVH Groupe Cash-to-Debt Related Terms

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OVH Groupe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OVH Groupe (XPAR:OVH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

OVHp:UK 7U7:Germany

Address

2 rue Kellermann, Roubaix, FRA, 59100

Website

https://www.ovhcloud.com

OVH Groupe is a provider of cloud services, occupying a unique position in the cloud market. It provides businesses with a complete suite of solutions designed to meet the growing demand for multi-cloud and hybrid cloud strategies, addressing a wide range of needs and customer segments.

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