Luxoft Holding (Luxoft Holding) Cash-to-Debt : 19.92 (As of Dec. 2018)

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What is Luxoft Holding 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. Luxoft Holding's cash to debt ratio for the quarter that ended in Dec. 2018 was 19.92.

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, Luxoft Holding could pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.

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

LXFT's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.43
* Ranked among companies with meaningful Cash-to-Debt only.

Luxoft Holding Cash-to-Debt Historical Data

The historical data trend for Luxoft Holding'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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Luxoft Holding Cash-to-Debt Chart

Luxoft Holding Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Cash-to-Debt

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1.83

34.20

235.97

173.08

121.91

Luxoft Holding Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Cash-to-Debt	Get a 7-Day Free Trial															134.66	121.91	4.50	8.63	19.92

Competitive Comparison of Luxoft Holding's Cash-to-Debt

For the Software - Application subindustry, Luxoft Holding'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.

Luxoft Holding's Cash-to-Debt Distribution in the Software Industry

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

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

Luxoft Holding 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.

Luxoft Holding's Cash to Debt Ratio for the fiscal year that ended in Mar. 2018 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)
	=	104.357	/	(0.856	+	0)
	=	121.91

Luxoft Holding's Cash to Debt Ratio for the quarter that ended in Dec. 2018 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)
	=	107.395	/	(5.392	+	0)
	=	19.92

Luxoft Holding (NYSE:LXFT) 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.

Luxoft Holding Cash-to-Debt Related Terms

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Luxoft Holding (Luxoft Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Luxoft Holding Inc (NYSE:LXFT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gubelstrasse, 24, Zug, CHE, 6300

Website

http://www.luxoft.com

Luxoft Holding Inc is a provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. The company's software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Its solutions are based on its proprietary products and platforms that directly impact its clients' business outcomes and efficiently deliver continuous innovation. The company develops its solutions and delivers its services from 34 cities with dedicated delivery centers worldwide. It has business activities in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa.