Aspen Technology Inc

NASDAQ AZPN

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Aspen Technology Inc Cash to Debt Ratio for the Trailing 12 Months (TTM) ending March 31, 2024

Aspen Technology Inc Cash to Debt Ratio is NA for the Trailing 12 Months (TTM) ending March 31, 2024. The cash to debt ratio assesses a company's ability to cover its total debt obligations with its available cash. It is calculated by dividing cash by total debt. This ratio indicates the company's liquidity and its capacity to meet its debt obligations using its cash reserves. A higher cash to debt ratio suggests a stronger ability to cover debts with cash resources.

Aspen Technology Inc Cash to Debt Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 1.23, a 29.04% change year over year.
Aspen Technology Inc Cash to Debt Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.96, a 21.32% change year over year.
Aspen Technology Inc Cash to Debt Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.79, a 135.71% change year over year.
Aspen Technology Inc Cash to Debt Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 0.33, a -23.38% change year over year.

NASDAQ: AZPN

Aspen Technology Inc

CEO	Mr. Antonio J. Pietri
IPO Date	Oct. 25, 1994
Location	United States
Headquarters	20 Crosby Drive, Bedford, MA, United States, 01730
Employees	3,900
Sector	Technology
Industry	Software - application

Description

Aspen Technology, Inc. provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. The company serves a range of asset-intensive industries, including oil and gas exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts. Aspen Technology, Inc. operates as a subsidiary of EMR Worldwide Inc.

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