Shutterstock (Shutterstock) Cash-to-Debt : 1.69 (As of Dec. 2023)

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Shutterstock Cash-to-Debt Definition

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. Shutterstock's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.69.

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

SSTK' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.35 Med: 5005.15 Max: No Debt
Current: 1.69

During the past 13 years, Shutterstock's highest Cash to Debt Ratio was No Debt. The lowest was 1.35. And the median was 5005.15.

SSTK's Cash-to-Debt is ranked worse than
64.74% of 587 companies
in the Interactive Media industry
Industry Median: 4.57 vs SSTK: 1.69

Shutterstock Cash-to-Debt Historical Data

The historical data trend for Shutterstock'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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Shutterstock Cash-to-Debt Chart

Shutterstock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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6.41

10.30

8.50

1.35

1.69

Shutterstock 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															1.35	2.82	1.38	1.22	1.69

Competitive Comparison of Shutterstock's Cash-to-Debt

For the Internet Content & Information subindustry, Shutterstock'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.

Shutterstock Cash-to-Debt Distribution

For the Interactive Media industry and Communication Services sector, Shutterstock's Cash-to-Debt distribution charts can be found below:

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

Shutterstock 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.

Shutterstock'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)
	=	100.49	/	(30	+	29.404)
	=	1.69

Shutterstock'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)
	=	100.49	/	(30	+	29.404)
	=	1.69

Shutterstock (NYSE:SSTK) 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.

Shutterstock Cash-to-Debt Related Terms

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Shutterstock (Shutterstock) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shutterstock Inc (NYSE:SSTK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

S3T:Germany S3T:Germany

Address

350 Fifth Avenue, 20th Floor, New York, NY, USA, 10118

Website

https://www.shutterstock.com

Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include photographs, illustrations, vector art, video clips, and music tracks, generates almost all of the company's revenue. Shutterstock's digital content products are marketed under brands including Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial. Shutterstock is the company's flagship brand, and the majority of the company's sales are derived from the company's shutterstock.com website. The firm's customers include traditional enterprises, marketing agencies, and media organizations. Geographically, North America and Europe jointly account for the majority of the company's revenue.

Executives

Jonathan Oringer	director, 10 percent owner, officer: Chief Executive Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Steven Ciardiello	officer: Chief Accounting Officer	269 HANCE ROAD, FAIR HAVEN NJ 07704
John Caine	officer: Global Head of eCommerce	350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Paul J. Hennessy	director	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Deirdre Mary Bigley	director	109 INWOOD AVENUE, MONTCLAIR NJ 07043
Jarrod Yahes	officer: Chief Financial Officer	425 W. 53RD STREET, PH1, NEW YORK NY 10119
Peter Silvio	officer: Chief Technology Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Stan Pavlovsky	director, officer: Chief Executive Officer	3316 LINCOLN AVE NE, RENTON WA 98056
Thomas R Evans	director	11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Alfonse L Upshaw	director	350 FIFTH AVENUE, 21ST FL, NEW YORK NY 10118
Abraham Moshe Muchnick	officer: Chief Product Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Rachna Bhasin	director	1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Martin Brodbeck	officer: Chief Technology Officer	26 BLAIR ROAD, ARMONK NY 10504
Louis Weiss	officer: Chief Marketing Officer	C/O VITAMIN SHOPPE, 2101 91ST STREET, NORTH BERGEN NJ 07047
Jeffrey Kane Weiser	officer: Chief Marketing Officer	314 S. GLENROY AVENUE, LOS ANGELES CA 90049