N-able (N-able) Cash-to-Debt : 0.41 (As of Dec. 2023)

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What is N-able 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. N-able's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.41.

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

NABL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.26 Max: 0.41
Current: 0.41

During the past 6 years, N-able's highest Cash to Debt Ratio was 0.41. The lowest was 0.10. And the median was 0.26.

NABL's Cash-to-Debt is ranked worse than
77.69% of 2792 companies
in the Software industry
Industry Median: 2.44 vs NABL: 0.41

N-able Cash-to-Debt Historical Data

The historical data trend for N-able'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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N-able Cash-to-Debt Chart

N-able Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.10

0.26

0.18

0.26

0.41

N-able Quarterly Data
	Dec18	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													0.26	0.26	0.29	0.34	0.41

Competitive Comparison of N-able's Cash-to-Debt

For the Information Technology Services subindustry, N-able'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.

N-able's Cash-to-Debt Distribution in the Software Industry

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

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

N-able 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.

N-able'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)
	=	153.048	/	(9.943	+	364.573)
	=	0.41

N-able'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)
	=	153.048	/	(9.943	+	364.573)
	=	0.41

N-able (NYSE:NABL) 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.

N-able Cash-to-Debt Related Terms

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

N-able (N-able) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » N-able Inc (NYSE:NABL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Corporate Drive, Suite 400, Burlington, MA, USA, 01803

Website

https://www.n-able.com

N-able Inc is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises. With a flexible technology platform and powerful integrations, N-able makes it easy for MSPs to monitor, manage, and protect their end-customer systems, data, and networks. The company's growing portfolio of management, security, automation, and data protection solutions is built for IT services management professionals. Geographically, the majority of revenue is from the United States. it also has a presence in the United Kingdom and all other International regions.

Executives

Peter C Anastos	officer: EVP, General Cnsl, Secretary	N-ABLE, INC., 301 EDGEWATER DRIVE, SUITE 306, WAKEFIELD MA 01880
John Pagliuca	director, officer: President and CEO	30 CORPORATE DRIVE, 4TH FLOOR, BURLINGTON MA 01803
Tim James O'brien	officer: EVP, Chief Financial Officer	30 CORPORATE DRIVE, 4TH FLOOR, BURLINGTON MA 01803
Frank Colletti	officer: Exec VP, Worldwide Sales	30 CORPORATE DRIVE, 4TH FLOOR, BURLINGTON MA 01803
Ann Johnson	director	C/O N-ABLE, INC., 301 EDGEWATER DRIVE #305, WAKEFIELD MA 01880
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