SSH Communications Security Oyj (OHEL:SSH1V) Cash-to-Debt : 1.86 (As of Jun. 2023)

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What is SSH Communications Security Oyj 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. SSH Communications Security Oyj's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.86.

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, SSH Communications Security Oyj could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

OHEL:SSH1V' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.51 Med: 48.53 Max: No Debt
Current: 1.51

During the past 13 years, SSH Communications Security Oyj's highest Cash to Debt Ratio was No Debt. The lowest was 1.51. And the median was 48.53.

OHEL:SSH1V's Cash-to-Debt is ranked worse than
57.94% of 2725 companies
in the Software industry
Industry Median: 2.49 vs OHEL:SSH1V: 1.51

SSH Communications Security Oyj Cash-to-Debt Historical Data

The historical data trend for SSH Communications Security Oyj'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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SSH Communications Security Oyj Cash-to-Debt Chart

SSH Communications Security Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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13.98

6.57

2.40

2.18

1.51

SSH Communications Security Oyj Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															2.40	N/A	2.18	1.86	1.51

Competitive Comparison of SSH Communications Security Oyj's Cash-to-Debt

For the Software - Infrastructure subindustry, SSH Communications Security Oyj'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.

SSH Communications Security Oyj's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where SSH Communications Security Oyj's Cash-to-Debt falls into.

SSH Communications Security Oyj 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.

SSH Communications Security Oyj'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)
	=	3.661	/	(0.968	+	1.465)
	=	1.50

SSH Communications Security Oyj's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	2.6	/	(1.1	+	0.3)
	=	1.86

SSH Communications Security Oyj (OHEL:SSH1V) 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.

SSH Communications Security Oyj Cash-to-Debt Related Terms

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

SSH Communications Security Oyj (OHEL:SSH1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SSH Communications Security Oyj (OHEL:SSH1V) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

XXH:Germany

Address

Karvaamokuja 2B, Helsinki, FIN, 00380

Website

http://www.ssh.com

SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company provides software, professional services, and recurring services. Its recurring service generates maximum revenue for the company. The company products consist of the crypto auditor, tectia ssh, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and others. Its EMEA region generates maximum revenue for the company.

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