Q2 Holdings (Q2 Holdings) Cash-to-Debt : 0.62 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Q2 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. Q2 Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.62.

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, Q2 Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Q2 Holdings's Cash-to-Debt or its related term are showing as below:

QTWO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 1.18 Max: No Debt
Current: 0.62

During the past 13 years, Q2 Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.24. And the median was 1.18.

QTWO's Cash-to-Debt is ranked worse than
72.1% of 2796 companies
in the Software industry
Industry Median: 2.42 vs QTWO: 0.62

Q2 Holdings Cash-to-Debt Historical Data

The historical data trend for Q2 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.

* Premium members only.

Q2 Holdings Cash-to-Debt Chart

Q2 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.28

0.90

0.69

0.59

Q2 Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.50	0.51	0.53	0.59	0.62

Competitive Comparison of Q2 Holdings's Cash-to-Debt

For the Software - Application subindustry, Q2 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.

Q2 Holdings's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Q2 Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Q2 Holdings's Cash-to-Debt falls into.

Q2 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.

Q2 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)
	=	324.008	/	(12.864	+	536.052)
	=	0.59

Q2 Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	338.461	/	(10.63	+	535.389)
	=	0.62

Q2 Holdings (NYSE:QTWO) 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.

Q2 Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Q2 Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Q2 Holdings (Q2 Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Q2 Holdings Inc (NYSE:QTWO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0Q2:Germany

Address

10355 Pecan Park Boulevard, Austin, TX, USA, 78729

Website

https://www.q2ebanking.com

Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States.

Executives

John E Breeden	officer: EVP, Operations	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kirk L Coleman	officer: Chief Banking Officer	10355 PECAN PARK BLVD, AUSITN TX 78729
Kim Rutledge	officer: SVP, Human Resources	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
James Offerdahl	director	11501 DOMAIN DRIVE, SUITE 200, AUSTIN TX 78758
Michael A. Volanoski	officer: Chief Revenue Officer	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
David J Mehok	officer: Chief Financial Officer	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
R. H. Seale	director, 10 percent owner, officer: Chairman	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Michael S Kerr	officer: SVP, General Counsel	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Jonathan Price	officer: SVP, Corp and Business Dev	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Matthew P Flake	director, officer: President and CEO	10355 PECAN PARK BOULEVARD CONTACT STREE, AUSTIN TX 78729
Barry G Benton	officer: SVP, General Counsel	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Lynn Antipas Tyson	director	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Rebecca Lynn Atchison	director	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Adam D Anderson	officer: EVP, Chief Technology Officer	13785 RESEARCH BLVD., SUITE 150, AUSTIN TX 78750
Bharath Oruganti	officer: SVP, Service Delivery	C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085