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Synnex Cash-to-Debt

: 0.48 (As of Aug. 2020)
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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. Synnex's cash to debt ratio for the quarter that ended in Aug. 2020 was 0.48.

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, Synnex couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2020.

NYSE:SNX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07   Med: 0.26   Max: 9.84
Current: 0.57

0.07
9.84

During the past 13 years, Synnex's highest Cash to Debt Ratio was 9.84. The lowest was 0.07. And the median was 0.26.

NYSE:SNX's Cash-to-Debt is ranked lower than
77% of the 2284 Companies
in the Software industry.

( Industry Median: 2.42 vs. NYSE:SNX: 0.57 )

Synnex Cash-to-Debt Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Synnex Annual Data
Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.29 0.13 0.08 0.57

Synnex Quarterly Data
Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20
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 0.08 0.10 0.37 0.48 0.57

Competitive Comparison
* 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.


Synnex Cash-to-Debt Distribution

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



Synnex 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.

Synnex's Cash to Debt Ratio for the fiscal year that ended in Nov. 2019 is calculated as:

Synnex's Cash to Debt Ratio for the quarter that ended in Aug. 2020 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Synnex  (NYSE:SNX) 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.


Synnex Cash-to-Debt Related Terms


Synnex Cash-to-Debt Headlines

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