IDOX (FRA:LWL) Cash-to-Debt : 0.48 (As of Oct. 2023)

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What is IDOX 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. IDOX's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.48.

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, IDOX couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

FRA:LWL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.24 Max: 0.63
Current: 0.48

During the past 13 years, IDOX's highest Cash to Debt Ratio was 0.63. The lowest was 0.09. And the median was 0.24.

FRA:LWL's Cash-to-Debt is ranked worse than
76.16% of 2802 companies
in the Software industry
Industry Median: 2.51 vs FRA:LWL: 0.48

IDOX Cash-to-Debt Historical Data

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

IDOX Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

Get a 7-Day Free Trial

0.21

0.61

0.63

0.62

0.48

IDOX Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															0.63	0.79	0.62	0.98	0.48

Competitive Comparison of IDOX's Cash-to-Debt

For the Software - Application subindustry, IDOX'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.

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

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

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

IDOX 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.

IDOX's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	17.099	/	(0.254	+	35.13)
	=	0.48

IDOX's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	17.099	/	(0.254	+	35.13)
	=	0.48

IDOX (FRA:LWL) 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.

IDOX Cash-to-Debt Related Terms

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IDOX (FRA:LWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IDOX PLC (FRA:LWL) » Definitions » Cash-to-Debt

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IDOX.GB:UK IDOX:UK

Address

Forsyth Road, Unit 5, Woking 8, Surrey, GBR, GU21 5SB

Website

https://www.idoxgroup.com

IDOX PLC is a provider of applications to the United Kingdom's local government related to land, people, and property. The company provides public sector companies tools to manage information and knowledge, documents, content, business processes and workflow, and elections management solutions. Its operating segments include Public Sector Software (PSS), Engineering Information Management (EIM). The company generates maximum revenue from the PSS segment. The PSS segment delivers specialist information management solutions and services to the public sector. Geographically, it derives a majority of its revenue from the United Kingdom.

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