Cloudflare (Cloudflare) Cash-to-Debt : 1.20 (As of Mar. 2024)

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What is Cloudflare 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. Cloudflare's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.20.

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, Cloudflare could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

NET' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.04 Med: 1.88 Max: 61.22
Current: 1.2

During the past 8 years, Cloudflare's highest Cash to Debt Ratio was 61.22. The lowest was 1.04. And the median was 1.88.

NET's Cash-to-Debt is ranked worse than
62.05% of 2796 companies
in the Software industry
Industry Median: 2.42 vs NET: 1.20

Cloudflare Cash-to-Debt Historical Data

The historical data trend for Cloudflare'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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Cloudflare Cash-to-Debt Chart

Cloudflare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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60.63

2.41

1.41

1.05

1.17

Cloudflare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.09	1.09	1.11	1.17	1.20

Competitive Comparison of Cloudflare's Cash-to-Debt

For the Software - Infrastructure subindustry, Cloudflare'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.

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

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

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

Cloudflare 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.

Cloudflare'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)
	=	1673.744	/	(38.351	+	1396.852)
	=	1.17

Cloudflare's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	1716.202	/	(39.273	+	1397.369)
	=	1.19

Cloudflare (NYSE:NET) 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.

Cloudflare Cash-to-Debt Related Terms

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Cloudflare (Cloudflare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloudflare Inc (NYSE:NET) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NET:Mexico 0A3Z:UK 8CF:Germany 8CF:Germany

Address

101 Townsend Street, San Francisco, CA, USA, 94107

Website

https://www.cloudflare.com

Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.

Executives

Michelle Zatlyn	director, officer: Chief Operating Officer	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Thomas J Seifert	officer: Chief Financial Officer	101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Carl Ledbetter	director, 10 percent owner	2755 EAST COTTONWOOD PARKWAY, SUITE 520, SALT LAKE CITY UT 84121
Matthew Prince	director, 10 percent owner, officer: CEO and Chair of the Board	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Douglas James Kramer	officer: General Counsel	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Scott D Sandell	director, 10 percent owner
Katrin Suder	director	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Janel Riley	officer: Chief Accounting Officer	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Paul D. Underwood	officer: Chief Accounting Officer	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Mark J Hawkins	director	C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Maria S Eitel	director	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Stanley J Meresman	director	2071 HUNTINGTON LANE, LOS ALTOS CA 94024
Forest Baskett	10 percent owner
Patrick J Kerins	10 percent owner
Venrock Associates V Lp	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304