Euronet Worldwide (Euronet Worldwide) Cash-to-Debt : 0.88 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Euronet Worldwide 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. Euronet Worldwide's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.88.

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

EEFT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.88 Med: 1.14 Max: 1.78
Current: 0.88

During the past 13 years, Euronet Worldwide's highest Cash to Debt Ratio was 1.78. The lowest was 0.88. And the median was 1.14.

EEFT's Cash-to-Debt is ranked worse than
66.69% of 2792 companies
in the Software industry
Industry Median: 2.41 vs EEFT: 0.88

Euronet Worldwide Cash-to-Debt Historical Data

The historical data trend for Euronet Worldwide'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.

* Premium members only.

Euronet Worldwide Cash-to-Debt Chart

Euronet Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.99

1.14

0.93

0.88

Euronet Worldwide Quarterly Data
	Mar19	Jun19	Sep19	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															0.93	0.95	1.00	0.90	0.88

Competitive Comparison of Euronet Worldwide's Cash-to-Debt

For the Software - Infrastructure subindustry, Euronet Worldwide'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.

Euronet Worldwide's Cash-to-Debt Distribution in the Software Industry

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

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

Euronet Worldwide 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.

Euronet Worldwide'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)
	=	1779.4	/	(202.2	+	1811.2)
	=	0.88

Euronet Worldwide'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)
	=	1779.4	/	(202.2	+	1811.2)
	=	0.88

Euronet Worldwide (NAS:EEFT) 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.

Euronet Worldwide Cash-to-Debt Related Terms

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

Euronet Worldwide (Euronet Worldwide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Euronet Worldwide Inc (NAS:EEFT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EEF:Germany EEF:Germany E2EF34:Brazil

Address

11400 Tomahawk Creek Parkway, Suite 300, Leawood, KS, USA, 66211

Website

https://www.euronetworldwide.com

Euronet Worldwide Inc is a provider of electronic financial transaction solutions. The company operates an independent network of ATMs in Europe, along with a network for prepaid products such as mobile top-ups, and processes point-of-sale transactions. Euronet Worldwide also offers global money transfers, payment services and software, banking services, credit and debit card outsourcing services, and card issuing and merchant acquiring services. The largest segment by operating income, electronical financial transaction processing, mainly generates revenue from monthly ATM management fees and currency conversion transactions. The largest country by revenue is the United States of America.

Executives

Michael J Brown	director, officer: CEO & President	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Fentanes Ligia Torres	director	11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
M Jeannine Strandjord	director
Andrej Olechowski	director	WIERETNICZA 51, WARSAW POLAND R9 92200
Juan Bianchi	officer: Executive Vice President	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Rick Weller	officer: Chief Financial Officer/ EVP	C/O EURONET WORLDWIDE, INC, 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEADWOOD KS 66211
Michael N Frumkin	director	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Scott Claassen	officer: General Counsel and Secretary	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Jeffrey B Newman	officer: Exec VP and General Counsel	C/O EURONET WORLDWIDE, INC., 3500 COLLEGE BOULEVARD, LEAWOOD KS 66211
Martin L. Bruckner	officer: SVP - Chief Technology Officer	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Nikos Fountas	officer: Managing Director EMEA EFT Div	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Kevin J Caponecchi	officer: President	C/O EURONET WORLDWIDE, INC, 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Eriberto R Scocimara	director	C/O QUAKER FABRIC CORP, 941 GRINNELL ST, FALL RIVER MA 02726
Mark R Callegari	director	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Andrew B Schmitt	director	1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205