Microsaic Systems (LSE:MSYS) Cash-to-Debt : 15.05 (As of Jun. 2023)

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What is Microsaic Systems 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. Microsaic Systems's cash to debt ratio for the quarter that ended in Jun. 2023 was 15.05.

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, Microsaic Systems could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

LSE:MSYS' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.49 Med: No Debt Max: No Debt
Current: 15.05

During the past 13 years, Microsaic Systems's highest Cash to Debt Ratio was No Debt. The lowest was 7.49. And the median was No Debt.

LSE:MSYS's Cash-to-Debt is ranked better than
81.54% of 2475 companies
in the Hardware industry
Industry Median: 1.34 vs LSE:MSYS: 15.05

Microsaic Systems Cash-to-Debt Historical Data

The historical data trend for Microsaic Systems'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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Microsaic Systems Cash-to-Debt Chart

Microsaic Systems Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

15.89

7.49

27.28

22.16

Microsaic Systems Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															280.19	27.28	27.56	22.16	15.05

Competitive Comparison of Microsaic Systems's Cash-to-Debt

For the Scientific & Technical Instruments subindustry, Microsaic Systems'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.

Microsaic Systems's Cash-to-Debt Distribution in the Hardware Industry

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

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

Microsaic Systems 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.

Microsaic Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	1.241	/	(0.053	+	0.003)
	=	22.16

Microsaic Systems's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.587	/	(0.018	+	0.021)
	=	15.05

Microsaic Systems (LSE:MSYS) 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.

Microsaic Systems Cash-to-Debt Related Terms

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Microsaic Systems (LSE:MSYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microsaic Systems PLC (LSE:MSYS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Boundary Road, GMS House, Woking, Surrey, GBR, GU21 5BX

Website

https://www.microsaic.com

Microsaic Systems PLC is a technology company. It is involved in the commercialization and development of miniaturized micro-engineering equipment, originally for mass spectrometry instruments but now to include integration of AI and Internet of Things analytical sensors for existing and new clients to generate recurring shared revenues for monitoring across biologic bio-processing, environmental and human health and likely to extend to aviation, the food industry and oil & gas sectors. The company has one business segment, being the research, development and commercialization of scientific instruments. It derives revenue from sales of products, consumables and services and support income.

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