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. Accenture's cash to debt ratio for the quarter that ended in Feb. 2024 was 1.62.
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, Accenture could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.
The historical rank and industry rank for Accenture's Cash-to-Debt or its related term are showing as below:
ACN'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.54 Med: 114.57 Max: 270.55
Current: 1.62
During the past 13 years, Accenture's highest Cash to Debt Ratio was 270.55. The lowest was 1.54. And the median was 114.57.
Accenture Cash-to-Debt Historical Data
The historical data trend for Accenture'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.
|
Accenture Annual Data
|
|
Trend |
Aug14 |
Aug15 |
Aug16 |
Aug17 |
Aug18 |
Aug19 |
Aug20 |
Aug21 |
Aug22 |
Aug23 |
| Cash-to-Debt |
|
|
|
|
|
|
270.55 |
2.44 |
2.33 |
2.37 |
2.87 |
|
Accenture Quarterly Data
|
|
May19 |
Aug19 |
Nov19 |
Feb20 |
May20 |
Aug20 |
Nov20 |
Feb21 |
May21 |
Aug21 |
Nov21 |
Feb22 |
May22 |
Aug22 |
Nov22 |
Feb23 |
May23 |
Aug23 |
Nov23 |
Feb24 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.95 |
2.76 |
2.87 |
2.32 |
1.62 |
Competitive Comparison
For the Information Technology Services subindustry, Accenture'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.
Accenture Cash-to-Debt Distribution
For the Software industry and Technology sector, Accenture's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Accenture's Cash-to-Debt falls into.
Accenture 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.
Accenture's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:
Accenture's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:
* 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.
Accenture (Accenture) Business Description
Traded in Other Exchanges
Address
1 Grand Canal Square, Grand Canal Harbour, Dublin, IRL, 2
Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.
Executives
| Julie Spellman Sweet |
officer: General Counsel, Sec & CCO |
C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
| Manish Sharma |
officer: Chief Operating Officer |
161 NORTH CLARK, CHICAGO IL 60601 |
| Jean-marc Ollagnier |
officer: Group Chief Exec-Resources |
C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
| Jaime Ardila |
director |
300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000 |
| Paula A Price |
director |
ONE CVS DRIVE, WOONSOCKET RI 02895 |
| Joel Unruch |
officer: General Counsel, Sec & CCO |
C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
| John F Walsh |
officer: Grp Chief Exec-Com, Med & Tech |
C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
| Ellyn Shook |
officer: Chief Human Resources Officer |
C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
| Leonardo Framil |
officer: CEO-Growth Markets |
500 W. MADISON STREET, CHICAGO IL 60661 |
| Melissa A Burgum |
officer: Chief Accounting Officer |
C/O SRA INTERNATIONAL, INC., 4300 FAIR LAKES COURT, FAIRFAX VA 22033 |
| Alan C. Jope |
director |
500 W. MADISON STREET, CHICAGO IL 60661 |
| James O Etheredge |
officer: Group Chief Exec-North America |
C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
| Gianfranco Casati |
officer: Group Chief Executive?Products |
C/O ACCENTURE, 161 N. CLARK STREET, CHCIAGO IL 60601 |
| Kathleen R Mcclure |
officer: Chief Financial Officer |
C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
| Richard P Clark |
officer: Chief Accounting Officer |
C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
Accenture (Accenture) Headlines
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