GoodRx Holdings (GoodRx Holdings) Cash-to-Debt : 0.95 (As of Dec. 2023)

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What is GoodRx 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. GoodRx Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.95.

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

GDRX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 1 Max: 1.37
Current: 0.95

During the past 6 years, GoodRx Holdings's highest Cash to Debt Ratio was 1.37. The lowest was 0.04. And the median was 1.00.

GDRX's Cash-to-Debt is ranked better than
55.42% of 655 companies
in the Healthcare Providers & Services industry
Industry Median: 0.74 vs GDRX: 0.95

GoodRx Holdings Cash-to-Debt Historical Data

The historical data trend for GoodRx 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.

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GoodRx Holdings Cash-to-Debt Chart

GoodRx Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.04

1.37

1.34

1.06

0.95

GoodRx Holdings Quarterly Data
	Dec18	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															1.06	1.06	1.07	1.12	0.95

Competitive Comparison of GoodRx Holdings's Cash-to-Debt

For the Health Information Services subindustry, GoodRx 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.

GoodRx Holdings's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, GoodRx Holdings's Cash-to-Debt distribution charts can be found below:

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

GoodRx 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.

GoodRx 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)
	=	672.296	/	(14.964	+	696.106)
	=	0.95

GoodRx 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)
	=	672.296	/	(14.964	+	696.106)
	=	0.95

GoodRx Holdings (NAS:GDRX) 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.

GoodRx Holdings Cash-to-Debt Related Terms

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

GoodRx Holdings (GoodRx Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » GoodRx Holdings Inc (NAS:GDRX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2701 Olympic Boulevard, Santa Monica, CA, USA, 90404

Website

https://www.goodrx.com

GoodRx Holdings Inc is a consumer-focused digital healthcare platform that aims to lower the cost of healthcare in the United States. It operates a price comparison platform that provides consumers with curated, geographically relevant prescription pricing, and provides access to negotiated prices through codes that can be used to save money on prescriptions across the United States. GoodRx generates revenue from core business from pharmacy benefit managers (PBMs) that manage formularies and prescription transactions including establishing pricing between consumers and pharmacies. It also offers other healthcare products and services, including pharma manufacturer solutions, subscriptions, and telehealth services.

Executives

Scott Wagner	officer: Interim Chief Executive Office	C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
Raj Beri	officer: Chief Operating Officer	C/O GOODRX HOLDINGS, INC., 2701 OLYMPIC BOULEVARD, SANTA MONICA CA 90404
Romin Nabiey	officer: Chief Accounting Officer	C/O GOODRX HOLDINGS, INC., 2701 OLYMPIC BOULEVARD, SANTA MONICA CA 90404
Andrew Slutsky	officer: President & Consumer	233 WILSHIRE ROAD, SANTA MONICA CA 90410
Idea Men, Llc	10 percent owner	2701 OLYMPIC BOULEVARD, WEST BUILDING - SUITE 200, SANTA MONICA CA 90404
Karsten Voermann	officer: Chief Financial Officer	233 WILSHIRE ROAD, SANTA MONICA CA 90410
Trevor Bezdek	director, officer: Co-CEO	233 WILSHIRE ROAD, SANTA MONICA CA 90410
Abdiel Qualified Master Fund Lp	10 percent owner	90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Douglas Joseph Hirsch	director, officer: Co-CEO	233 WILSHIRE ROAD, SANTA MONICA CA 90410
Babak Azad	officer: See Remarks	233 WILSHIRE ROAD, SANTA MONICA CA 90410
Bansi Nagji	officer: President, Healthcare	MCKESSON CORPORATION, 6555 STATE HIGHWAY 161, IRVING TX 75039
Agnes Rey-giraud	director
Abdiel Capital Lp	10 percent owner	C/O ABDIEL CAPITAL ADVISORS, LP, 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Abdiel Capital Advisors, Lp	10 percent owner	90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Abdiel Capital Management, Llc	10 percent owner	90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016