Big Technologies (LSE:BIG) Cash-to-Debt : 47.24 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Big Technologies 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. Big Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 47.24.

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, Big Technologies could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:BIG' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.68 Med: 47.24 Max: 138.44
Current: 47.24

During the past 5 years, Big Technologies's highest Cash to Debt Ratio was 138.44. The lowest was 1.68. And the median was 47.24.

LSE:BIG's Cash-to-Debt is ranked better than
82.07% of 2799 companies
in the Software industry
Industry Median: 2.47 vs LSE:BIG: 47.24

Big Technologies Cash-to-Debt Historical Data

The historical data trend for Big Technologies'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.

Big Technologies Cash-to-Debt Chart

Big Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.68

33.46

138.44

95.44

47.24

Big Technologies Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				138.44	182.65	95.44	127.69	47.24

Competitive Comparison of Big Technologies's Cash-to-Debt

For the Software - Application subindustry, Big Technologies'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.

Big Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

Big Technologies 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.

Big Technologies'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)
	=	87.526	/	(0.274	+	1.579)
	=	47.23

Big Technologies's Cash to Debt Ratio for the quarter 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)
	=	87.526	/	(0.274	+	1.579)
	=	47.23

Big Technologies (LSE:BIG) 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.

Big Technologies Cash-to-Debt Related Terms

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

Big Technologies (LSE:BIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Big Technologies PLC (LSE:BIG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7I8:Germany

Address

17 Church Street, Talbot House, Rickmansworth, GBR, WD3 1DE

Website

https://www.bigtechnologies.co.uk

Big Technologies PLC provides products and services to the remote and personal monitoring industry under several brand and trading names. The company's criminal justice solution involves proprietary monitoring software combined with modular monitoring hardware being used to accurately track the location of tag wearers. Alongside this, it also offers monitoring services solutions for its customers. The company provides its solutions on a SaaS-like subscription-based model, with long-term contracts spanning up to twelve years in length, providing a secure revenue base from which to deliver contract expansion and to win new contracts. It generates revenue across the world, with operations across the United Kingdom, Australia, United States and Colombia.