Trustpilot Group (LSE:TRST) Cash-to-Debt : 4.00 (As of Dec. 2023)

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What is Trustpilot Group 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. Trustpilot Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.00.

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, Trustpilot Group 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 Trustpilot Group's Cash-to-Debt or its related term are showing as below:

LSE:TRST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.62 Med: 3.49 Max: 7.64
Current: 4

During the past 6 years, Trustpilot Group's highest Cash to Debt Ratio was 7.64. The lowest was 0.62. And the median was 3.49.

LSE:TRST's Cash-to-Debt is ranked better than
56.34% of 2799 companies
in the Software industry
Industry Median: 2.47 vs LSE:TRST: 4.00

Trustpilot Group Cash-to-Debt Historical Data

The historical data trend for Trustpilot Group'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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Trustpilot Group Cash-to-Debt Chart

Trustpilot Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

7.64

1.71

7.14

2.98

4.00

Trustpilot Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					7.14	5.22	2.98	3.44	4.00

Competitive Comparison of Trustpilot Group's Cash-to-Debt

For the Software - Application subindustry, Trustpilot Group'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.

Trustpilot Group's Cash-to-Debt Distribution in the Software Industry

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

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

Trustpilot Group 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.

Trustpilot Group'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)
	=	72.257	/	(3.391	+	14.672)
	=	4.00

Trustpilot Group'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)
	=	72.257	/	(3.391	+	14.672)
	=	4.00

Trustpilot Group (LSE:TRST) 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.

Trustpilot Group Cash-to-Debt Related Terms

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

Trustpilot Group (LSE:TRST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trustpilot Group PLC (LSE:TRST) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

TRSTl:UK

Address

21 Mincing Lane, 5th Floor The Minster Building, London, GBR, EC3R 7AG

Website

https://www.trustpilot.com

Trustpilot Group PLC is a global review platform in an emerging and growing category. It seeks to provide a trust layer for the open commerce ecosystem by giving consumers the confidence to purchase goods and services from a wide range of online and offline businesses across the world.