Evertec (Evertec) Cash-to-Debt : 0.28 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Evertec 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. Evertec's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.28.

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, Evertec couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

EVTC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.15 Max: 0.61
Current: 0.28

During the past 13 years, Evertec's highest Cash to Debt Ratio was 0.61. The lowest was 0.04. And the median was 0.15.

EVTC's Cash-to-Debt is ranked worse than
82.57% of 2800 companies
in the Software industry
Industry Median: 2.45 vs EVTC: 0.28

Evertec Cash-to-Debt Historical Data

The historical data trend for Evertec'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.

Evertec Cash-to-Debt Chart

Evertec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.20

0.39

0.55

0.42

0.30

Evertec 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															0.41	0.46	0.43	0.30	0.28

Competitive Comparison of Evertec's Cash-to-Debt

For the Software - Infrastructure subindustry, Evertec'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.

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

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

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

Evertec 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.

Evertec'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)
	=	295.6	/	(30.56	+	955.849)
	=	0.30

Evertec'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)
	=	293.666	/	(111.442	+	950.403)
	=	0.28

Evertec (NYSE:EVTC) 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.

Evertec Cash-to-Debt Related Terms

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

Evertec (Evertec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Evertec Inc (NYSE:EVTC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EVTC:Mexico

Address

Cupey Center Building, Road 176, Kilometer 1.3, San Juan, PRI, 00926

Website

https://www.evertecinc.com

Evertec Inc is a transaction processing business in Latin America and the Caribbean. Its business segments are Merchant Acquiring, Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, and Business Solutions. The company serves a diversified customer base of financial institutions, merchants, corporations and government agencies with mission-critical technology solutions that enable them to issue, process and accept transactions securely. The company derives revenue based on transaction or discount fees or fees based on the number of accounts on file.

Executives

Diego Viglianco	officer: EVP & Chief Operating Officer	PO BOX 364527, SAN JUAN PR 00936
Paola Perez-surillo	officer: Senior Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Virginia Gambale	director	C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Joaquin A. Castrillo-salgado	officer: Vice President of Finance	PO BOX 364527, SAN JUAN PR 00936-4527
Luis A Rodriguez-gonzalez	officer: General Counsel & Secretary	PO BOX 364527, SAN JUAN PR 00936-4527
Morgan M Schuessler	director, officer: President & CEO	PO BOX 364527, SAN JUAN PR 00936-4527
Popular Inc	10 percent owner	P.O. BOX 362708, SAN JUAN PR 00936-2708
Guillermo Rospigliosi	officer: Executive Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Castillo Rodrigo Del	officer: Executive Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Kelly Hefner Barrett	director	4630 WYNMEADE PARK, MARIETTA GA 30067
Philip E. Steurer	officer: Chief Operating Officer	PO BOX 364527, SAN JUAN PR 00936-4527
Miguel Vizcarrondo	officer: Executive Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Frank D. D'angelo	director	PO BOX 364527, SAN JUAN PR 00936-4527
Carlos J. Ramirez	officer: Executive Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Ivan Pagan	director	PO BOX 364527, SAN JUAN PR 00936-4527