River Tech (OSL:RIVER) Cash-to-Debt : 3.86 (As of Dec. 2023)

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What is River Tech 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. River Tech's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.86.

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

OSL:RIVER' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.42 Max: No Debt
Current: 3.86

During the past 7 years, River Tech's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.42.

OSL:RIVER's Cash-to-Debt is ranked better than
56.01% of 2805 companies
in the Software industry
Industry Median: 2.57 vs OSL:RIVER: 3.86

River Tech Cash-to-Debt Historical Data

The historical data trend for River Tech'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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River Tech Cash-to-Debt Chart

River Tech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.08

0.06

0.12

0.42

3.86

River Tech Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							0.12	0.04	0.42	0.50	3.86

Competitive Comparison of River Tech's Cash-to-Debt

For the Information Technology Services subindustry, River Tech'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.

River Tech's Cash-to-Debt Distribution in the Software Industry

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

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

River Tech 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.

River Tech'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)
	=	68.232	/	(5.718	+	11.964)
	=	3.86

River Tech'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)
	=	68.232	/	(5.718	+	11.964)
	=	3.86

River Tech (OSL:RIVER) 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.

River Tech Cash-to-Debt Related Terms

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

River Tech (OSL:RIVER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » River Tech PLC (OSL:RIVER) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dragonara Road, Aragon House Business Center, Saint Julian's, MLT, STJ 3140

Website

https://www.river.tech

River Tech PLC is a technology company. The company offers business to business technology products. The company is focused on assisting companies with specialist competencies, by providing secure and tailormade, yet user-friendly solutions, for the delivery of services within the online sphere.

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