Model N (Model N) Cash-to-Debt : 1.04 (As of Dec. 2023)

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What is Model N 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. Model N's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.04.

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

MODN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.84 Med: 1.14 Max: No Debt
Current: 1.04

During the past 13 years, Model N's highest Cash to Debt Ratio was No Debt. The lowest was 0.84. And the median was 1.14.

MODN's Cash-to-Debt is ranked worse than
63.93% of 2792 companies
in the Software industry
Industry Median: 2.41 vs MODN: 1.04

Model N Cash-to-Debt Historical Data

The historical data trend for Model N'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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Model N Cash-to-Debt Chart

Model N Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

1.37

1.70

1.13

1.27

1.03

Model N 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															0.95	0.92	1.03	1.03	1.04

Competitive Comparison of Model N's Cash-to-Debt

For the Software - Application subindustry, Model N'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.

Model N's Cash-to-Debt Distribution in the Software Industry

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

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

Model N 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.

Model N's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	301.355	/	(4.408	+	287.113)
	=	1.03

Model N'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)
	=	303.375	/	(4.254	+	286.519)
	=	1.04

Model N (NYSE:MODN) 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.

Model N Cash-to-Debt Related Terms

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Model N (Model N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Model N Inc (NYSE:MODN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

2MD:Germany

Address

777 Mariners Island Boulevard, Suite 300, San Mateo, CA, USA, 94404

Website

https://www.modeln.com

Model N Inc is a provider of cloud revenue management solutions for life science and technology companies. The products of the company involve Revenue Cloud for Life Sciences for helps life science companies improve revenue and operational efficiency while adhering to government regulations as it creates and executes contracts with its customers; and Revenue Cloud for High Tech that enables customers to modernize their sales processes by adopting a strategic approach to manage the revenue lifecycle by planned revenue. It has one operating segment with one business activity - developing and monetizing revenue management solutions. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.

Executives

Mark, Albert Anderson,	officer: SVP, Global Services	C/O MODEL N, INC.,1600 SEAPORT BOULEVARD, SUITE 400, PACIFIC SHORES CENTER - BLD.6, REDWOOD CITY CA 94063
Manisha Shetty Gulati	director	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Kimberly Decarlis	director	3400 BRIDGE PARKWAY, SUITE 200, REDWOOD SHORES CA 94065
Rehmann Rayani	officer: Chief Strategy & Mktg Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Christopher Lyon	officer: SVP & Chief Revenue Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Laura Selig	officer: SVP, Chief People Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Jason Blessing	director, officer: Chief Executive Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Suresh Kannan	officer: SVP & Chief Product Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
John Ederer	officer: SVP, Chief Financial Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Yarnold	director	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Timothy M Adams	director	311 ARSENAL STREET, WATERTOWN MA 02472
Alan S. Henricks	director	MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Michaud	officer: SVP & Chief Marketing Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Cathy A Lewis	officer: Chief Accounting Officer	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
David Barter	officer: SVP, Chief Financial Officer	C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063