Insperity (Insperity) Cash-to-Debt : 1.61 (As of Mar. 2024)

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What is Insperity 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. Insperity's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.61.

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, Insperity could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

NSP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.94 Med: 1.98 Max: No Debt
Current: 1.61

During the past 13 years, Insperity's highest Cash to Debt Ratio was No Debt. The lowest was 0.94. And the median was 1.98.

NSP's Cash-to-Debt is ranked better than
58.31% of 1065 companies
in the Business Services industry
Industry Median: 0.99 vs NSP: 1.61

Insperity Cash-to-Debt Historical Data

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

Insperity Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.23

1.36

1.40

1.80

1.66

Insperity Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.74	1.47	1.64	1.66	1.61

Competitive Comparison of Insperity's Cash-to-Debt

For the Staffing & Employment Services subindustry, Insperity'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.

Insperity's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Insperity's Cash-to-Debt distribution charts can be found below:

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

Insperity 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.

Insperity'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)
	=	708.778	/	(0	+	426.894)
	=	1.66

Insperity's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	683	/	(0	+	425)
	=	1.61

Insperity (NYSE:NSP) 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.

Insperity Cash-to-Debt Related Terms

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Insperity (Insperity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Insperity Inc (NYSE:NSP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ASF:Germany

Address

19001 Crescent Springs Drive, Kingwood, TX, USA, 77339

Website

https://www.insperity.com

Insperity Inc is a company that primarily provides a wide range of human resources and business solutions that help businesses improve their performance. Small and midsize enterprises are the company's primary target customers. Most of the company's products are offered through the company's Workforce Optimization and Workforce Synchronization solutions, which comprise various human resource functions, such as payroll and employment administration, employee benefits and compensation, government compliance, performance management, training and development services, and human capital management. The company generates all of its revenue in the United States.

Executives

Ellen H Masterson	director	P O BOX 3247, HOUSTON TX 77253-3247
Richard G Rawson	director, officer: President	C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Arthur A Arizpe	officer: EVP of Client Services and COO	19001 CRESCENT SPRINGS DR, C/O INSPERITY, KINGWOOD TX 77339
Paul J Sarvadi	director, officer: Chairman of the Board & CEO	C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Daniel D Herink	officer: SVP Legal, Gen Counsel & Sec	19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
James D Allison	officer: SVP of Gross Profit Operations	C/O INSPERITY, INC., 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John M Morphy	director	911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Douglas S Sharp	officer: SVP Finance, CFO & Treasurer	C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Tim Clifford	director	C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Jay E Mincks	officer: EVP of Sales & Marketing	C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Eli Jones	director	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Randall Mehl	director	8620 N DEAN CIR, RIVER HILLS WI 53217
Latha Ramchand	director	19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John L Lumelleau	director	19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
Austin P Young	director	6200 ARNOT, HOUSTON TX 77007