FalconStor Software (FalconStor Software) Cash-to-Debt

: 0.59 (As of Jun. 2023)

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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. FalconStor Software's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.59.

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, FalconStor Software couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

FALC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 1.42 Max: No Debt
Current: 1.44

During the past 13 years, FalconStor Software's highest Cash to Debt Ratio was No Debt. The lowest was 0.24. And the median was 1.42.

FALC's Cash-to-Debt is ranked worse than
58.85% of 2790 companies
in the Software industry
Industry Median: 2.425 vs FALC: 1.44

FalconStor Software Cash-to-Debt Historical Data

The historical data trend for FalconStor Software'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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FalconStor Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.24

0.41

1.40

0.85

1.44

FalconStor Software Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt																0.75	0.85	0.81	0.59	1.44

Competitive Comparison

For the Software - Application subindustry, FalconStor Software'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.

FalconStor Software Cash-to-Debt Distribution

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

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

FalconStor Software 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.

FalconStor Software'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)
	=	3.409	/	(0.161	+	2.208)
	=	1.44

FalconStor Software's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1.286	/	(0.025	+	2.168)
	=	0.59

FalconStor Software (OTCPK:FALC) 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.

FalconStor Software Cash-to-Debt Related Terms

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

FalconStor Software (FalconStor Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FalconStor Software Inc (OTCPK:FALC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 Congress Avenue, Suite 150, Austin, TX, USA, 78701

Website

https://www.falconstor.com

FalconStor Software Inc operates in the trusted data protection software industry. The company enables enterprise customers and managed service providers to secure, migrate, and protect their data while reducing data storage and long-term retention costs. The products are offered through and supported by a worldwide network of managed service providers, systems integrators, resellers, and original equipment manufacturers. It's software products create investment protection, flexibility, and leverage of modern cloud-based technologies, through software-defined functionality that provides backup and long-term retention, and business continuity driven data replication. The company's geographical markets are the Americas, Asia Pacific, Europe, Middle East, Africa and Others.

Executives

Robert Todd Brooks	officer: Chief Executive Officer	C/O NOVATION COMPANIES, INC., 2 HUNTINGTON QUADRANGLE, SUITE 2S01, MELVILLE NY 11747
Vincent Sita	officer: Chief Financial Officer	C/O FALCONSTOR SOFTWARE, INC., 701 BRAZOS STREET, SUITE 400, AUSTIN TX 78701
Michael P Kelly	director
Brad Wolfe	officer: Chief Financial Officer	C/O FALCONSTOR SOFTWARE, INC., 701 BRAZOS STREET, SUITE 400, AUSTIN TX 78701
Hcp-fva, Llc	director, 10 percent owner	17 STATE STREET, SUITE 3230, NEW YORK NY 10004
Esw Capital, Llc	10 percent owner	401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Joseph Liemandt	10 percent owner	5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Patrick Mcclain	officer: EVP, CFO & Treasurer	C/O FALCONSTOR SOFTWARE, INC., 2 HUNTINGTON QUADRANGLE, SUITE 2S01, MELVILLE NY 11747
Todd Oseth	officer: CEO & President	C/O MCDATA CORPORATION, 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
William D Miller	director
Barry Rudolph	director	1351 S SUNSET STREET, LONGMONT CO 80501
Daniel Murale	officer: VP of Finance & Interim CFO	C/O FALCONSTOR SOFTWARE, INC., 2 HUNTINGTON QUADRANGLE, SUITE 2S01, MELVILLE NY 11747
Gary Quinn	officer: COO and EVP	C/O COMPUTER ASSOCIATES INTER INC, ONE COMPUTER ASSOC PLAZA, ISLANDIA NY 11749
Alan Komet	officer: EVP Worldwide Field Operations	2 HUNTINGTON QUADRANGLE, MELVILLE NY 11747
Hale Martin M Jr	director, 10 percent owner