Allot (ALLT) Cash-to-Debt

: 1.27 (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. Allot's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.27.

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, Allot 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 Allot's Cash-to-Debt or its related term are showing as below:

ALLT' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.27 Med: 5010.54 Max: No Debt
Current: 1.27

During the past 13 years, Allot's highest Cash to Debt Ratio was No Debt. The lowest was 1.27. And the median was 5010.54.

ALLT's Cash-to-Debt is ranked worse than
61% of 2790 companies
in the Software industry
Industry Median: 2.415 vs ALLT: 1.27

Allot Cash-to-Debt Historical Data

The historical data trend for Allot'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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Allot Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

11.98

21.09

10.18

1.91

1.27

Allot 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																1.91	1.75	1.49	1.40	1.27

Competitive Comparison

For the Software - Infrastructure subindustry, Allot'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.

Allot Cash-to-Debt Distribution

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

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

Allot 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.

Allot'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)
	=	53.045	/	(1.453	+	40.475)
	=	1.27

Allot'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)
	=	53.045	/	(1.453	+	40.475)
	=	1.27

Allot (NAS:ALLT) 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.

Allot Cash-to-Debt Related Terms

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Allot (ALLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Allot Ltd (NAS:ALLT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ALLT:Israel AG6:Germany

Address

22 Hanagar Street, Neve Ne’eman Industrial Zone B, Hod-Hasharon, ISR, 4501317

Website

https://www.allot.com

Allot Ltd is a provider of leading innovative network intelligence and security solutions for service providers and enterprises. The company's solutions are deployed globally for network and application analytics, traffic control and shaping, and network-based security services. The firm's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1000 enterprises.

Executives

Gemini Israel Ii Parallel Fund Lp /ny	10 percent owner
Gemini Israel Ii Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Israel Funds Ltd.	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Partners Investors L.p.	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Capital Associates Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Advent Pggm Gemini Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725