NCR Voyix (LTS:0K45) Cash-to-Debt

: 0.09 (As of Dec. 2023)

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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. NCR Voyix's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.09.

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, NCR Voyix couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LTS:0K45' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.12 Max: 0.18
Current: 0.09

During the past 13 years, NCR Voyix's highest Cash to Debt Ratio was 0.18. The lowest was 0.04. And the median was 0.12.

LTS:0K45's Cash-to-Debt is ranked worse than
92.58% of 2790 companies
in the Software industry
Industry Median: 2.415 vs LTS:0K45: 0.09

NCR Voyix Cash-to-Debt Historical Data

The historical data trend for NCR Voyix'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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NCR Voyix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.13

0.09

0.08

0.04

0.09

NCR Voyix Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.09	0.10	0.09	0.09

Competitive Comparison

For the Information Technology Services subindustry, NCR Voyix'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.

NCR Voyix Cash-to-Debt Distribution

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

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

NCR Voyix 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.

NCR Voyix'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)
	=	262	/	(15	+	2817)
	=	0.09

NCR Voyix'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)
	=	262	/	(15	+	2817)
	=	0.09

NCR Voyix (LTS:0K45) 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.

NCR Voyix Cash-to-Debt Related Terms

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NCR Voyix (LTS:0K45) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NCR Voyix Corp (LTS:0K45) » Definitions » Cash-to-Debt

Comparable Companies

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NCRRP.PFD:USA VYX:USA NCR1:Germany

Address

864 Spring Street NW, Atlanta, GA, USA, 30308

Website

NCR Voyix Corp

NCR Voyix Corp is a company providing services of digital commerce solutions for retail, restaurant and digital banking. NCR Voyix transforms retail, restaurant and digital banking experiences with comprehensive platform-based SaaS and service capabilities.

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