TSS (TSSI) Cash-to-Debt : 2.74 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is TSS 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. TSS's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.74.

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

TSSI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33 Med: 1.88 Max: 5.96
Current: 2.74

During the past 13 years, TSS's highest Cash to Debt Ratio was 5.96. The lowest was 0.33. And the median was 1.88.

TSSI's Cash-to-Debt is ranked better than
51.72% of 2792 companies
in the Software industry
Industry Median: 2.415 vs TSSI: 2.74

TSS Cash-to-Debt Historical Data

The historical data trend for TSS'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.

TSS Cash-to-Debt Chart

TSS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.39

5.96

1.01

4.27

2.74

TSS 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															4.27	1.39	5.21	6.41	2.74

Competitive Comparison of TSS's Cash-to-Debt

For the Information Technology Services subindustry, TSS'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.

TSS's Cash-to-Debt Distribution in the Software Industry

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

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

TSS 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.

TSS'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)
	=	11.831	/	(0.688	+	3.631)
	=	2.74

TSS'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)
	=	11.831	/	(0.688	+	3.631)
	=	2.74

TSS (OTCPK:TSSI) 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.

TSS Cash-to-Debt Related Terms

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

TSS (TSSI) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 East Old Settlers Road, Round Rock, TX, USA, 78664

Website

https://www.totalsitesolutions.com

TSS Inc provides various services for planning, design, development, and maintenance of mission-critical facilities and information infrastructure, as well as integration services. Its services consist of technology consulting, design and engineering, project management, systems integration, systems installation, and facilities management. Its Facilities unit which is involved in the design, project management and maintenance of data center and mission-critical business operations, and Systems Integration unit that integrates IT equipment for Original Equipment Manufacturer vendors and customers to use inside data center environments, including modular data centers. The activities are organized into two segments: facilities, and systems integration. It generates revenue from United States.

Executives

Darryll E Dewan	director, officer: President and CEO	4400 VIA ESPERANZA, SANTA BARBARA CA 93110
Richard M. Metzler	director	1805 WEST AVENUE, AUSTIN TX 78701
Matt Crichton	officer: Sr. V.P., Business Development	101 LOCHINVAR COURT, CARY NC 27511
Kieran Brennan	officer: Sr. V.P., Sales & Marketing	5131 BRIARGROVE LANE, DALLAS TX 75287
Gerard J Gallagher	director, 10 percent owner, officer: President and COO	7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Glen Ikeda	10 percent owner	P.O. BOX 3306, AUBURN CA 95604
Peter H Woodward	director	30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
John K Penver	officer: Interim CFO	3709 HUMBLE COVE, AUSTIN TX 78730
Martin T. Olsen	officer: Exec. VP, Sales & Marketing	2128 W. BRAKER LANE BK12, AUSTIN TX 78758
Thomas P Rosato	director, 10 percent owner, officer: Chief Executive Officer	7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Maura Mcnerney	officer: Chief Financial Officer	7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Ken Schwarz	officer: Chief Financial Officer	14901 BOGLE DRIVE, SUITE 300, CHANTILLY VA 20151
Daniel J Phelps	director	1001 O'BRIEN DRIVE, MENLO PARK CA 94025
Anthony Angelini	director, officer: Chief Executive Officer
Tarsier Nanocap Value Fund, Lp	10 percent owner, other: see footnote #1	C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022