What is Appgate 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. Appgate's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.03.
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, Appgate couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.
The historical rank and industry rank for Appgate's Cash-to-Debt or its related term are showing as below:
APGTQ'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.34
Current: 0.03
During the past 3 years, Appgate's highest Cash to Debt Ratio was 0.34. The lowest was 0.02. And the median was 0.09.
Appgate Cash-to-Debt Historical Data
The historical data trend for Appgate'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.
Appgate Cash-to-Debt Chart
|
Appgate Annual Data
|
|
Trend |
Dec20 |
Dec21 |
Dec22 |
| Cash-to-Debt |
|
0.02 |
0.34 |
0.09 |
|
Appgate Quarterly Data
|
|
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
| Cash-to-Debt |
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|
|
|
|
|
0.10 |
0.09 |
0.06 |
0.04 |
0.03 |
Competitive Comparison of Appgate's Cash-to-Debt
For the Software - Infrastructure subindustry, Appgate'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.
Appgate's Cash-to-Debt Distribution in the Software Industry
For the Software industry and Technology sector, Appgate's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Appgate's Cash-to-Debt falls into.
Appgate 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.
Appgate's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:
Appgate's Cash to Debt Ratio for the quarter that ended in Sep. 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.
Appgate (Appgate) Business Description
Traded in Other Exchanges
N/A
Address
2 Alhambra Plaza, Suite PH-1-B, Coral Gables, FL, USA, 33134
Appgate Inc is engaged in providing secure access solutions which help enterprises make sure the right people connect to the resources. Its products and services consist of Software Defined Perimeter, Digital Threat protection, Risk-Based Authentication, and Threat Advisory services. Geographically, it derives a majority of revenue from the United States.
Executives
| Leo Taddeo |
director, officer: CEO and President |
C/O CYXTERA TECHNOLOGIES, INC., 2333 PONCE DE LEON, SUITE 900, CORAL CABLES FL 33134 |
| Benjamin Phillips |
director |
2 ALHAMBRA PLAZA, SUITE PH-1-B, CORAL GABLES FL 33134 |
| Lisa Marie Sibenac |
director |
C/O CHEWY, INC., 1855 GRIFFIN ROAD, DANIA BEACH FL 33004 |
| Vikram Somaya |
director |
132 E. PUTNAM AVENUE, FLOOR 2W, COS COB CT 06807 |
| Jawahar Sivasankaran |
officer: President and COO |
2333 PONCE DE LEON BLVD., SUITE 900, CORAL GABLES FL 33134 |
| Medina Capital Fund Ii - Sis Holdco, Lp |
10 percent owner |
C/O CYXTERA TECHNOLOGIES, INC., 2333 PONCE DE LEON, SUITE 900, CORAL GABLES FL 33134 |
| Sis Holdings Gp Llc |
10 percent owner |
C/O CYXTERA TECHNOLOGIES, INC., 2333 PONCE DE LEON, SUITE 900, CORAL CABLES FL 33134 |
| Sis Holdings Lp |
10 percent owner |
C/O CYXTERA TECHNOLOGIES, INC., 2333 PONCE DE LEON, SUITE 900, CORAL CABLES FL 33134 |
| Bcec Management X Ltd |
10 percent owner |
ARNOLD HOUSE PO BOX 273, ST JULIAN'S AVENUE, ST PETER PORT Y7 GY1 3RD |
| Rene A. Rodriguez |
officer: Chief Financial Officer |
2333 PONCE DE LEON BLVD., SUITE 900, CORAL GABLES FL 33134 |
| Barry Field |
director, officer: Chief Executive Officer |
2333 PONCE DE LEON BLVD., SUITE 900, CORAL GABLES FL 33134 |
| Jeremy M. Dale |
officer: General Counsel and Secretary |
2333 PONCE DE LEON BLVD., SUITE 900, CORAL GABLES FL 33134 |
| Bc Partners Group Holdings Ltd |
10 percent owner |
C/O BC PARTNERS, WEST WING, FLOOR 2, TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 4LY |
| Raymond Svider |
director |
650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022 |
| Manuel D Medina |
director, 10 percent owner, officer: Executive Chairman |
2 SOUTH BISCAYNE BLVD., SUITE 2900, MIAMI FL 33131 |
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