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Ibotta (Ibotta) Cash-to-Debt : 0.75 (As of Dec. 2022)


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What is Ibotta 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. Ibotta's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.75.

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, Ibotta couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

IBTA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.75   Med: 0.86   Max: 0.97
Current: 0.97

During the past 2 years, Ibotta's highest Cash to Debt Ratio was 0.97. The lowest was 0.75. And the median was 0.86.

IBTA's Cash-to-Debt is ranked worse than
65.59% of 2799 companies
in the Software industry
Industry Median: 2.51 vs IBTA: 0.97

Ibotta Cash-to-Debt Historical Data

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

Ibotta Annual Data
Trend Dec22 Dec23
Cash-to-Debt
0.75 0.97

Ibotta Quarterly Data
Dec22 Dec23
Cash-to-Debt 0.75 0.97

Competitive Comparison of Ibotta's Cash-to-Debt

For the Software - Application subindustry, Ibotta'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.

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

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

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


Ibotta 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.

Ibotta'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)
=62.591 / (0 + 64.448)
=0.97

Ibotta's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
=45.499 / (0 + 61.052)
=0.75

* 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.

Ibotta  (NYSE:IBTA) 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.

Ibotta Cash-to-Debt Related Terms

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Ibotta (Ibotta) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ibotta Inc (NYSE:IBTA) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
1801 California Street, Suite 400, Denver, CO, USA, 80202
Website
https://www.home.ibotta.com
Ibotta Inc is a performance marketing platform. It allows CPG brands to deliver digital promotions to consumers through a single, convenient network called the Ibotta Performance Network (IPN).