Flywire (Flywire) Cash-to-Debt : 446.83 (As of Dec. 2023)

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What is Flywire 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. Flywire's cash to debt ratio for the quarter that ended in Dec. 2023 was 446.83.

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, Flywire could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FLYW' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.49 Med: 14.86 Max: 446.83
Current: 446.83

During the past 5 years, Flywire's highest Cash to Debt Ratio was 446.83. The lowest was 3.49. And the median was 14.86.

FLYW's Cash-to-Debt is ranked better than
89.18% of 2792 companies
in the Software industry
Industry Median: 2.41 vs FLYW: 446.83

Flywire Cash-to-Debt Historical Data

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

Flywire Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

3.49

4.27

14.86

193.24

446.83

Flywire 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												193.24	181.71	253.92	643.35	446.83

Competitive Comparison of Flywire's Cash-to-Debt

For the Software - Infrastructure subindustry, Flywire'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.

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

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

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

Flywire 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.

Flywire'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)
	=	654.608	/	(1.465	+	0)
	=	446.83

Flywire'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)
	=	654.608	/	(1.465	+	0)
	=	446.83

Flywire (NAS:FLYW) 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.

Flywire Cash-to-Debt Related Terms

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

Flywire (Flywire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flywire Corp (NAS:FLYW) » Definitions » Cash-to-Debt

Comparable Companies

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Traded in Other Exchanges

9E2:Germany

Address

141 Tremont Street, Suite 10, Boston, MA, USA, 02111

Website

https://www.flywire.com

Flywire Corp provides a secure global payments platform, offering its clients an innovative and streamlined process to receive reconciled domestic and international payments in a more cost-effective and efficient manner. The company's solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.

Executives

Michael G Ellis	officer: Chief Financial Officer	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Peter Butterfield	officer: General Counsel and CCO	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Rob Orgel	officer: President and COO	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Michael Massaro	director, officer: Chief Executive Officer	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
David R. King	officer: Chief Technology Officer	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Gretchen Howard	director	707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Matthew C Harris	director, 10 percent owner	1 BANK STREET, 2ND FLOOR, WILLIAMSTOWN MA 01267
Edwin J Santos	director	234 MOURNING DOVE DRIVE, SAUNDERSTOWN RI 02874
Bain Capital Venture Investors, Llc	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Venture Coinvestment Fund Ii, L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Enrique T Salem	10 percent owner	SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Ajay Agarwal	10 percent owner	C/O BAIN CAPITAL VENTURE INVESTORS, LLC, 200 CLARENDON STREET, BOSTON MA 02116
Alex Finkelstein	director, 10 percent owner	C/O WAYFAIR INC, 4 COPLEY PLACE, 7TH FLOOR, BOSTON MA 02116
Phillip John Riese	director	2851 WEST KATHLEEN ROAD, PHOENIX AZ 85053
Diane E Offereins	director	2500 LAKE COOK ROAD, RIVERWOODS IL 60015