VeriSign (VeriSign) Cash-to-Debt

: 0.52 (As of Dec. 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. VeriSign's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.52.

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, VeriSign couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

VRSN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.52 Med: 0.7 Max: 1.05
Current: 0.52

During the past 13 years, VeriSign's highest Cash to Debt Ratio was 1.05. The lowest was 0.52. And the median was 0.70.

VRSN's Cash-to-Debt is ranked worse than
74.41% of 2790 companies
in the Software industry
Industry Median: 2.415 vs VRSN: 0.52

VeriSign Cash-to-Debt Historical Data

The historical data trend for VeriSign'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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VeriSign Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.68

0.65

0.67

0.55

0.52

VeriSign 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															0.55	0.57	0.52	0.53	0.52

Competitive Comparison

For the Software - Infrastructure subindustry, VeriSign'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.

VeriSign Cash-to-Debt Distribution

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

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

VeriSign 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.

VeriSign'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)
	=	926.4	/	(5.1	+	1792.4)
	=	0.52

VeriSign'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)
	=	926.4	/	(5.1	+	1792.4)
	=	0.52

VeriSign (NAS:VRSN) 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.

VeriSign Cash-to-Debt Related Terms

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

VeriSign (VeriSign) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VeriSign Inc (NAS:VRSN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VRSN:Mexico VRS:Germany VRS:Germany VRSN34:Brazil VRSN:Argentina

Address

12061 Bluemont Way, Reston, VA, USA, 20190

Website

https://www.verisign.com

Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.

Executives

D James Bidzos	director	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Danny R Mcpherson	officer: EVP- Engineering, Ops. & CSO	12061 BLUEMONT WAY, RESTON VA 20190
Thomas C Indelicarto	officer: SVP, Gen Counsel & Secretary	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Timothy Tomlinson	director	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Todd B Strubbe	officer: EVP and COO	VERISIGN, 12061 BLUEMONT WAY, RESTON VA 20190
Kathleen A Cote	director	12061 BLUEMONT WAY, RESTON VA 20190
Yehuda Ari Buchalter	director	12061 BLUEMONT WAY, RESTON VA 20190
Kilguss George E Iii	officer: EVP and CFO	C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190
Frist Thomas F Iii	director	3100 WEST END AVENUE SUITE 1225, NASHVILLE TN 37203
Armstrong Courtney D	director	12061 BLUEMONT WAY, RESTON VA 20190
Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET, OMAHA NE 68131
Jamie S Gorelick	director	12061 BLUEMONT WAY, RESTON VA 20190
Richard H Goshorn	officer: SVP, GC and Secretary	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
John D Roach	director	PMI GROUP INC, 601 MONTGOMERY ST, SAN FRANCISCO CA 94111
Warren E Buffett	10 percent owner	3555 FARNAM ST, STE 1440, OMAHA NE 68131