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ServiceNow Cash-to-Debt

: 1.79 (As of Jun. 2022)
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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. ServiceNow's cash to debt ratio for the quarter that ended in Jun. 2022 was 1.79.

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, ServiceNow could pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

NOW' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.31   Med: 1.64   Max: No Debt
Current: 1.79

During the past 12 years, ServiceNow's highest Cash to Debt Ratio was No Debt. The lowest was 1.31. And the median was 1.64.

NOW's Cash-to-Debt is ranked worse than
60.68% of 2696 companies
in the Software industry
Industry Median: 3.56 vs NOW: 1.79

ServiceNow Cash-to-Debt Historical Data

The historical data trend for ServiceNow'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.

* Premium members only.

ServiceNow Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.52 2.26 1.50 1.45 1.49

ServiceNow Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.36 1.49 1.82 1.79

Competitive Comparison

For the Software - Application subindustry, ServiceNow'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.

   

ServiceNow Cash-to-Debt Distribution

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

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



ServiceNow 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.

ServiceNow's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

ServiceNow's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

* 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.


ServiceNow  (NYSE:NOW) 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.


ServiceNow Cash-to-Debt Related Terms

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


ServiceNow Business Description

ServiceNow logo
Address
2225 Lawson Lane, Santa Clara, CA, USA, 95054
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management (ITSM), expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service (PaaS).
Executives
Caimi Lara officer: Chief Customer & Partner Ofc C/O CONFLUENT, INC. 899 W EVELYN AVENUE MOUNTAIN VIEW CA 94041
Bedi Christopher officer: Chief Information Officer 2225 LAWSON LANE SANTA CLARA CA 95054
Smith Paul John officer: Chief Commercial Officer 2225 LAWSON LANE SANTA CLARA CA 95054
Mcbride Kevin Thomas officer: Principal Accounting Officer 2200 MISSION COLLEGE BLVD SANTA CLARA CA 95054
Tzitzon Nicholas officer: Chief Strat & Corp Affairs Ofc 2225 LAWSON LANE SANTA CLARA CA 95054
Rathnam Sukumar director 2225 LAWSON LANE SANTA CLARA CA 95054
Canney Jacqueline P officer: Chief People Officer 702 SW 8TH STREET BENTONVILLE AR 72716
Quinlan Larry director 2225 LAWSON LANE SANTA CLARA CA 95054
Toledano Gabrielle B officer: Chief Talent Officer 209 REDWOOD SHORES PARKWAY REDWOOD CITY CA 94065
Jackson Lawrence director 2225 LAWSON LANE SANTA CLARA CA 95054
Haverty Kevin officer: Chief Revenue Officer 2225 LAWSON LANE SANTA CLARA CA 95054
Mastantuono Gina officer: Chief Financial Officer 237 PARK AVENUE 14TH FLOOR NEW YORK NY 10017
Mcdermott William R director, officer: President & CEO C/O UNDER ARMOUR, INC. 1020 HULL STREET, 3RD FLOOR BALTIMORE MD 21230
Goon Fay Sien officer: Principal Accounting Officer 2225 LAWSON LANE SANTA CLARA CA 95054
Briggs Teresa director 2225 LAWSON LANE SANTA CLARA CA 95054

ServiceNow Headlines

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