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OCZ Technology Group (FRA:OADA) Cash-to-Debt : 0.62 (As of Aug. 2013)


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What is OCZ Technology 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. OCZ Technology Group's cash to debt ratio for the quarter that ended in Aug. 2013 was 0.62.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, OCZ Technology Group couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2013.

(1) 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.

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

FRA:OADA's Cash-to-Debt is not ranked *
in the Hardware industry.
Industry Median: 1.34
* Ranked among companies with meaningful Cash-to-Debt only.

OCZ Technology Group Cash-to-Debt Historical Data

The historical data trend for OCZ Technology 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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OCZ Technology Group Cash-to-Debt Chart

OCZ Technology Group Annual Data
Trend Dec05 Dec06 Feb09 Feb10 Feb11 Feb12 Feb13
Cash-to-Debt
Get a 7-Day Free Trial 0.04 0.11 0.88 No Debt No Debt

OCZ Technology Group Quarterly Data
Feb09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Feb13 May13 Aug13
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt 0.62

Competitive Comparison of OCZ Technology Group's Cash-to-Debt

For the Computer Hardware subindustry, OCZ Technology 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.


OCZ Technology Group's Cash-to-Debt Distribution in the Hardware Industry

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

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



OCZ Technology 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.

OCZ Technology Group's Cash to Debt Ratio for the fiscal year that ended in Feb. 2013 is calculated as:

OCZ Technology Group had no debt (1).

OCZ Technology Group's Cash to Debt Ratio for the quarter that ended in Aug. 2013 is calculated as:

* 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.


OCZ Technology Group  (FRA:OADA) 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.


OCZ Technology Group Cash-to-Debt Related Terms

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OCZ Technology Group (FRA:OADA) Business Description

Traded in Other Exchanges
N/A
Address
OCZ Technology Group, Inc., a Delaware corporation was formed in 2002. The Company is a provider of high performance solid state drives (SSDs) and memory modules for computing devices and systems. It develops flexible and customizable component solutions quickly and efficiently to meet the ever changing market needs and provide superior customer service. Historically, it mainly sold high performance memory modules to individual computing enthusiasts through catalog and online retail channels. However, SSDs have emerged as a strong market alternative to conventional disk drive technology and SSDs are rooted in much of the same basic technological concepts as its legacy memory module business. Today, as part of a diversification strategy which began in fiscal year 2009, its product mix is significantly more weighted toward the sale of SSDs and the SSD product line has become central to its business. As a result, its target customers are increasingly enterprises and original equipment manufacturers (or OEMs). It designs, develops, manufactures and distributes high performance components for computing devices and systems, including SSDs, other flash memory storage, memory modules, thermal management solutions and PSUs. Its ten largest customers are Amazon.com; ASK Corporation; BAS Group; D&H Distribution Company; Maxcom Memory GmbH; Memoryworld GmbH & Co., KG; Micro Center Corporation; Micro Peripherals LTD; NewEgg.com, operated by Magnell Associate Inc.; and SYX Distribution, Inc. The Company's business is subject to regulation by various federal and state governmental agencies.

OCZ Technology Group (FRA:OADA) Headlines

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