Forge Global Holdings (Forge Global Holdings) Cash-to-Debt : 29.18 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Forge Global Holdings 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. Forge Global Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 29.18.

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, Forge Global Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FRGE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.77 Med: 7.1 Max: 29.18
Current: 29.18

During the past 5 years, Forge Global Holdings's highest Cash to Debt Ratio was 29.18. The lowest was 0.77. And the median was 7.10.

FRGE's Cash-to-Debt is ranked better than
77.97% of 2792 companies
in the Software industry
Industry Median: 2.44 vs FRGE: 29.18

Forge Global Holdings Cash-to-Debt Historical Data

The historical data trend for Forge Global Holdings'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.

* Premium members only.

Forge Global Holdings Cash-to-Debt Chart

Forge Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.77

1.30

7.10

25.97

29.18

Forge Global Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										25.97	27.43	30.28	36.79	29.18

Competitive Comparison of Forge Global Holdings's Cash-to-Debt

For the Software - Application subindustry, Forge Global Holdings'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.

Forge Global Holdings's Cash-to-Debt Distribution in the Software Industry

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

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

Forge Global Holdings 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.

Forge Global Holdings'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)
	=	152.416	/	(2.516	+	2.707)
	=	29.18

Forge Global Holdings's Cash to Debt Ratio for the quarter 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)
	=	152.416	/	(2.516	+	2.707)
	=	29.18

Forge Global Holdings (NYSE:FRGE) 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.

Forge Global Holdings Cash-to-Debt Related Terms

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

Forge Global Holdings (Forge Global Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Forge Global Holdings Inc (NYSE:FRGE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

415 Mission Street, Suite 5510, San Francisco, CA, USA, 94105

Website

https://www.forgeglobal.com

Forge Global Holdings Inc is a financial service platform created to serve the unique needs of the private market. It provides marketplace infrastructure, data services, and technology solutions for private market participants. The Company offers a trusted trading platform, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors confidently navigate and transact in the private market.

Executives

Kelly Rodriques	director, officer: Chief Executive Officer	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Kimberley H Vogel	director	63 CONSTITUTION DRIVE, CHICO CA 95973
Christoph Hansmeyer	director	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Johnathan H Short	officer: Chief Legal Officer	2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Asiff S Hirji	director	250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Herbert James H. Ii	director	1230 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10020
Ashwin Kumar	director	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Stephen J. George	director	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Jose Cobos	officer: Chief Operating Officer	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Borse Ag Deutsche	10 percent owner
Mark P Lee	officer: Chief Financial Officer	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Steven J. Mclaughlin	director	277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Kristy Trieste	director, officer: CFO and Director	C/O MOTIVE CAPITAL, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Motive Capital Funds Sponsor, Llc	10 percent owner	7 WORLD TRADE CENTER, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Stephen C. Daffron	director	C/O THE DUN & BRADSTREET CORPORATION, 103 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078-2708