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CalAmp Corp (NAS:CAMP)
Cash to Debt Ratio
33.50 (As of Aug. 2014)

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash and cash equivalents divide by its debt. CalAmp Corp's cash to debt ratio for the quarter that ended in Aug. 2014 was 33.50.

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, CalAmp Corp could pay off its debt using the cash in hand for the quarter that ended in Aug. 2014.

CAMP' s 10-Year Cash to Debt Range
Min: 0.15   Max: 33.5
Current: 33.5

0.15
33.5

During the past 13 years, CalAmp Corp's highest Cash to Debt Ratio was 33.50. The lowest was 0.15. And the median was 1.66.

CAMP's Cash to Debtis ranked higher than
83% of the 651 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.13 vs. CAMP: 33.50 )

Definition

This is the ratio of a company's Cash and cash equivalents to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

CalAmp Corp's Cash to Debt Ratio for the fiscal year that ended in Feb. 2014 is calculated as:

Cash to Debt Ratio=Cash and Cash Equivalents / Total Debt
=Cash and Cash Equivalents / (Short-Term Debt + Long-Term Debt)
=27.733 / (1.156 + 0.702)
=14.93

CalAmp Corp's Cash to Debt Ratio for the quarter that ended in Aug. 2014 is calculated as:

Cash to Debt Ratio=Cash and Cash Equivalents / Total Debt
=Cash and Cash Equivalents / (Short-Term Debt + Long-Term Debt)
=36.844 / (0.862 + 0.238)
=33.49

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Cash and Cash Equivalents (For Banks and Insurance Companies), Cash and Cash Equivalents


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

CalAmp Corp Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
cash2debt 2.945.961.100.200.330.300.361.8713.4414.93

CalAmp Corp Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
cash2debt 1.241.802.5413.443.244.1613.1314.9320.4633.50
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