Perion Network (Perion Network) Cash-to-Debt : 61.82 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Perion Network 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. Perion Network's cash to debt ratio for the quarter that ended in Dec. 2023 was 61.82.

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

PERI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 1.75 Max: 61.82
Current: 61.82

During the past 13 years, Perion Network's highest Cash to Debt Ratio was 61.82. The lowest was 0.42. And the median was 1.75.

PERI's Cash-to-Debt is ranked better than
75.47% of 587 companies
in the Interactive Media industry
Industry Median: 4.63 vs PERI: 61.82

Perion Network Cash-to-Debt Historical Data

The historical data trend for Perion Network'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.

Perion Network Cash-to-Debt Chart

Perion Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.51

1.98

24.02

37.42

61.82

Perion Network 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															37.42	41.84	51.42	62.67	61.82

Competitive Comparison of Perion Network's Cash-to-Debt

For the Internet Content & Information subindustry, Perion Network'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.

Perion Network's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Perion Network's Cash-to-Debt distribution charts can be found below:

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

Perion Network 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.

Perion Network'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)
	=	472.675	/	(4.198	+	3.448)
	=	61.82

Perion Network'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)
	=	472.675	/	(4.198	+	3.448)
	=	61.82

Perion Network (NAS:PERI) 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.

Perion Network Cash-to-Debt Related Terms

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

Perion Network (Perion Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Perion Network Ltd (NAS:PERI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PERI:Israel IW2:Germany

Address

26 HaRokmim Street, Holon, ISR, 5885849

Website

https://www.perion.com

Perion Network Ltd is a technology company. It offers online advertising and searching solutions to brands, agencies, and publishers through desktop, mobile and social channels. Its products and services include Undertone, Codefuel, Make me reach, and Smilebox. The company earns prime revenue from search fees and online advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the group has a business presence in North America, Europe, and Other countries of which a majority of the revenue is derived from North America.

Executives

Longview Fund Lp

10 percent owner

VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402