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. Workiva's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.03.
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, Workiva 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 Workiva's Cash-to-Debt or its related term are showing as below:
WK'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.03 Med: 2.29 Max: 5.34
Current: 1.03
During the past 12 years, Workiva's highest Cash to Debt Ratio was 5.34. The lowest was 1.03. And the median was 2.29.
Workiva Cash-to-Debt Historical Data
The historical data trend for Workiva'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.
|
Workiva Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
1.51 |
1.61 |
1.57 |
1.15 |
1.03 |
|
Workiva 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.15 |
1.18 |
1.26 |
0.99 |
1.03 |
Competitive Comparison
For the Software - Application subindustry, Workiva'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.
Workiva Cash-to-Debt Distribution
For the Software industry and Technology sector, Workiva's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Workiva's Cash-to-Debt falls into.
Workiva 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.
Workiva's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Workiva's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Workiva (Workiva) Business Description
Traded in Other Exchanges
Address
2900 University Boulevard, Ames, IA, USA, 50010
Workiva Inc is a cloud-native platform that simplifies the complexities of reporting and compliance. Workiva platform empowers customers by connecting and transforming data from hundreds of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, as well as other third-party cloud and on-premise applications. Customers use the platform to create, review and publish data-linked documents and reports with greater control, consistency, accuracy, and productivity and it is also used for SEC Filings. The firm derives its revenue in the form of subscription and support fees and the remainder from professional services.
Executives
| Jill Klindt |
officer: VP & CAO |
2900 UNIVERSITY BLVD, AMES IA 50010 |
| Brandon Ziegler |
officer: Senior Vice President, other: Gen Counsel & Corp. Secretary |
C/O WORKIVA INC., 2900 UNIVERSITY BLVD., AMES IA 50010 |
| Robert H Herz |
director |
C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005 |
| Michael D. Hawkins |
officer: EVP, Sales |
2900 UNIVERSITY BLVD., AMES IA 50010 |
| Junko Swain |
officer: SVP, Chief Accounting Officer |
2900 UNIVERSITY BLVD., AMES IA 50010 |
| Michael M Crow |
director |
20 W. 9TH STREET, KANSAS CITY MO 64105 |
| Brigid A Bonner |
director |
C/O ANALYSTS INTERNATIONAL CORPORATION, 3601 WEST 76TH STREET, EDINA MN 55435 |
| Mithun Banarjee |
officer: EVP, Global Client Services |
2900 UNIVERSITY BOULEVARD, AMES IA 50010 |
| Jeff D Trom |
10 percent owner, officer: Executive VP & CTO |
2900 UNIVERSITY BLVD., AMES IA 50010 |
| Martin J Vanderploeg |
director, 10 percent owner, officer: President & COO |
2900 UNIVERSITY BLVD., AMES IA 50010 |
| Julie Iskow |
officer: EVP & Chief Operating Officer |
2900 UNIVERSITY BOULEVARD, AMES X1 50010 |
| J Stuart Miller |
officer: Executive VP, Treasurer & CFO |
2900 UNIVERSITY BLVD., AMES IA 50010 |
| Eugene S Katz |
director |
8 GOLDSBOROUGH ST., EASTON MD 21601 |
| Troy M. Calkins |
officer: Executive VP, Secretary & GC |
55 WEST MONROE, SUITE 3150, CHICAGO IL 60603 |
| Scott G. Ryan |
officer: Executive VP, Global Sales |
2900 UNIVERSITY BOULEVARD, AMES IA 50010 |
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