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. Trio-Tech International's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.22.
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, Trio-Tech International 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 Trio-Tech International's Cash-to-Debt or its related term are showing as below:
TRT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 1.77 Max: 4.22
Current: 4.22
During the past 13 years, Trio-Tech International's highest Cash to Debt Ratio was 4.22. The lowest was 0.37. And the median was 1.77.
Trio-Tech International Cash-to-Debt Historical Data
The historical data trend for Trio-Tech International'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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Trio-Tech International Annual Data
|
|
Trend |
Jun14 |
Jun15 |
Jun16 |
Jun17 |
Jun18 |
Jun19 |
Jun20 |
Jun21 |
Jun22 |
Jun23 |
| Cash-to-Debt |
|
|
|
|
|
|
2.44 |
2.67 |
2.80 |
2.16 |
3.46 |
|
Trio-Tech International Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2.56 |
2.90 |
3.46 |
3.39 |
4.22 |
Competitive Comparison
For the Semiconductor Equipment & Materials subindustry, Trio-Tech International'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.
Trio-Tech International Cash-to-Debt Distribution
For the Semiconductors industry and Technology sector, Trio-Tech International's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Trio-Tech International's Cash-to-Debt falls into.
Trio-Tech International 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.
Trio-Tech International's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:
Trio-Tech International's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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.
Trio-Tech International (Trio-Tech International) Business Description
Traded in Other Exchanges
N/A
Address
Unit 03-09, Block 1008, Toa Payoh North, Singapore, SGP, 318996
Trio-Tech International is a provider of third-party semiconductor testing and burn-in services through its laboratories in Southeast Asia. The company operates in four segments namely Manufacturing, Testing services, Distribution, and Real Estate. Its Manufacturing segment manufactures both front-end and back-end semiconductor test equipment and related peripherals. The Testing segment renders services to the manufacturer and purchaser of semiconductors and other entities. Its Distribution segment is involved in the distribution of its products. The company's Real Estate segment consists of investment in real estate. Its geographical area of operations includes the United States, Singapore, Malaysia, Thailand, and China.
Executives
| Jason T Adelman |
director |
900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021 |
| Anitha Srinivasan |
officer: CFO |
103 HILLVIEW RISE, #09-18, SINGAPORE U0 667982 |
| Ting Victor Hock Ming |
director |
770 BEDOK RESERVOIR ROAD, #01-03, SINGAPORE U0 479250 |
| S W Yong |
director, 10 percent owner, officer: Chief Executive Officer |
7 PANDAN VALLEY, 16-502 POINCIANA TOWER, SINGAPORE U0 597631 |
| Richard M Horowitz |
director |
9301 WILSHIRE BOULEVARD #206, BEVERLY HILLS CA 90210 |
| Kuan Soon Siew |
officer: Vice President |
126 BUKIT MERAH VIEW, #18-374 U0 151126 |
| Hwee Poh Lim |
officer: Vice President - Testing |
39 WARINGIN WALK, SINGAPORE U0 416292 |
| A Charles Wilson |
director |
623 NORTH PALM DRIVE, BEVERLY HILLS CA 90210 |
| Daniel Zeff |
10 percent owner |
400 S. MCCADDEN PL., LOS ANGELES CA 90020 |
| Spectrum Galaxy Fund Ltd. |
10 percent owner |
50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111 |
| Zeff Capital Partners I, L.p. |
10 percent owner |
C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111 |
| Zeff Holding Company, Llc |
10 percent owner |
400 S. MCCADDEN PL., LOS ANGELES CA 90020 |
Trio-Tech International (Trio-Tech International) Headlines
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