TaskUs (TaskUs) Cash-to-Debt : 0.40 (As of Dec. 2023)

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What is TaskUs 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. TaskUs's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.40.

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

TASK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.4 Max: 0.44
Current: 0.4

During the past 5 years, TaskUs's highest Cash to Debt Ratio was 0.44. The lowest was 0.18. And the median was 0.40.

TASK's Cash-to-Debt is ranked worse than
78% of 2796 companies
in the Software industry
Industry Median: 2.42 vs TASK: 0.40

TaskUs Cash-to-Debt Historical Data

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

TaskUs Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.18

0.44

0.27

0.43

0.40

TaskUs Quarterly Data
	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												0.43	0.54	0.50	0.37	0.40

Competitive Comparison of TaskUs's Cash-to-Debt

For the Information Technology Services subindustry, TaskUs'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.

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

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

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

TaskUs 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.

TaskUs'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)
	=	125.776	/	(23.931	+	287.641)
	=	0.40

TaskUs'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)
	=	125.776	/	(23.931	+	287.641)
	=	0.40

TaskUs (NAS:TASK) 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.

TaskUs Cash-to-Debt Related Terms

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

TaskUs (TaskUs) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

6VY:Germany

Address

1650 Independence Drive, Suite 100, New Braunfels, TX, USA, 78132

Website

https://www.taskus.com

TaskUs Inc is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies. It serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech.

Executives

Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Stephan Daoust	officer: Chief Operating Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Kelly L Tuminelli	director	TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568
Jill A Greenthal	director	MARTHA STEWART LIVING OMNIMEDIA INC, 11 WEST 42ND STREET 25TH FLOOR, NEW YORK NY 10036
Rajnish Sinha	officer: Chief People Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Michelle H Gonzalez	director	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Claudia F Walsh	officer: General Counsel	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Bcp Fc Aggregator L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Jaspar Weir	director, 10 percent owner, officer: President	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Blackstone Holdings Iii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bryce Maddock	director, 10 percent owner, officer: Chief Executive Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Susir Kumar	director	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Amit Dixit	director	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Jarrod Johnson	officer: Chief Customer Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Steven Amaya	officer: See Remarks	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132