HashiCorp (FRA:YR8) Cash-to-Debt : 91.11 (As of Jan. 2024)

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What is HashiCorp 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. HashiCorp's cash to debt ratio for the quarter that ended in Jan. 2024 was 91.11.

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, HashiCorp could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

FRA:YR8' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.71 Med: 72.84 Max: 91.11
Current: 91.11

During the past 5 years, HashiCorp's highest Cash to Debt Ratio was 91.11. The lowest was 6.71. And the median was 72.84.

FRA:YR8's Cash-to-Debt is ranked better than
84.85% of 2798 companies
in the Software industry
Industry Median: 2.42 vs FRA:YR8: 91.11

HashiCorp Cash-to-Debt Historical Data

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

HashiCorp Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

6.71

14.15

72.84

83.12

91.11

HashiCorp Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															83.12	87.91	89.93	96.71	91.11

Competitive Comparison of HashiCorp's Cash-to-Debt

For the Software - Infrastructure subindustry, HashiCorp'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.

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

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

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

HashiCorp 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.

HashiCorp's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	1173.734	/	(3.695	+	9.187)
	=	91.11

HashiCorp's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	1173.734	/	(3.695	+	9.187)
	=	91.11

HashiCorp (FRA:YR8) 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.

HashiCorp Cash-to-Debt Related Terms

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

HashiCorp (FRA:YR8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » HashiCorp Inc (FRA:YR8) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

HCP:USA HCP:Mexico

Address

101 Second Street, Suite 700, San Francisco, CA, USA, 94105

Website

https://www.hashicorp.com

HashiCorp Inc is engaged in solving the infrastructure challenges of cloud adoption by enabling an operating model that unlocks the full potential of modern public and private clouds. Its cloud operating model provides consistent workflows and a standardized approach to automate the processes involved in delivering applications in the cloud: infrastructure provisioning, security, networking, and application deployment. Its main commercial products are Terraform, Vault, Consul, and Nomad.

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