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Cash To Debt

Alpha Finance Academy

Cash To Debt

Alpha Finance Academy

Formula

Cash to Debt =
Cash & Short-Term Investments Total Debt
  • Cash & Short-Term Investments = Cash, equivalents, and liquid assets convertible within one year.
  • Total Debt = Sum of short-term and long-term debt obligations.
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Current Value MRQ

Cash & Investments
Total Debt
Cash to Debt

Cash To Debt Drivers —

Table

Year Cash to Debt

Definition

The Cash to Debt ratio compares a company's cash and short-term investments to its total debt. A higher ratio indicates stronger solvency and a better ability to meet obligations. A ratio above 1.0 means the company holds more cash than debt — a strong position. However, the ideal range varies by industry: tech companies often maintain higher ratios (~0.5–1.0), while capital-intensive industries like utilities may operate at lower levels (~0.2–0.4).

Strong≥ 1.0×
Adequate0.7 – 1.0×
Thin0.5 – 0.7×
Weak< 0.5×
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