Toast (STU:71Y) Cash-to-Debt : 25.55 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

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. Toast's cash to debt ratio for the quarter that ended in Dec. 2023 was 25.55.

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

STU:71Y' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.38 Med: 12.79 Max: 25.55
Current: 25.55

During the past 5 years, Toast's highest Cash to Debt Ratio was 25.55. The lowest was 3.38. And the median was 12.79.

STU:71Y's Cash-to-Debt is ranked better than
76.68% of 2792 companies
in the Software industry
Industry Median: 2.415 vs STU:71Y: 25.55

Toast Cash-to-Debt Historical Data

The historical data trend for Toast'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.

Toast Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

16.30

3.38

12.79

10.86

25.55

Toast Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											10.86	10.33	30.00	32.19	25.55

Competitive Comparison

For the Software - Infrastructure subindustry, Toast'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.

Toast Cash-to-Debt Distribution

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

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

Toast 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.

Toast'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)
	=	1030.708	/	(10.087	+	30.261)
	=	25.55

Toast'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)
	=	1030.708	/	(10.087	+	30.261)
	=	25.55

Toast (STU:71Y) 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.

Toast Cash-to-Debt Related Terms

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

Toast (STU:71Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Toast Inc (STU:71Y) » Definitions » Cash-to-Debt

Comparable Companies

PATH CFLT DBX NTNX FFIV HOOD DOX WEX KVYO CCCS MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

TOST:USA TOST:Mexico 71Y:Germany

Address

401 Park Drive, Suite 801, Boston, MA, USA, 02215

Website

https://www.toasttab.com

Toast is a U.S.-based restaurant technology company that provides point-of-sale, payment processing, and various software services to 99,000 restaurant locations across the United States at the end of September 2023. The firm generates sales from software subscription fees, as a percentage take rate from each financial transaction it processes, from loan origination and servicing fees from its Toast Capital arm, and from hardware installation and professional services. Unlike competitors, Toast intermediates every payment transaction on its platform, processing some $92 billion in gross platform volume in 2022. The firm's product offerings span point-of-sale systems, inventory and payroll management, delivery integration, e-commerce ordering, reservation management, and loyalty programs.

Toast (STU:71Y) Headlines

No Headlines