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Daystar Technologies (Daystar Technologies) Cash-to-Debt : 0.01 (As of Sep. 2012)


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What is Daystar Technologies 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. Daystar Technologies's cash to debt ratio for the quarter that ended in Sep. 2012 was 0.01.

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, Daystar Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2012.

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

DSTI's Cash-to-Debt is not ranked *
in the Semiconductors industry.
Industry Median: 1.76
* Ranked among companies with meaningful Cash-to-Debt only.

Daystar Technologies Cash-to-Debt Historical Data

The historical data trend for Daystar Technologies'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.

* Premium members only.

Daystar Technologies Cash-to-Debt Chart

Daystar Technologies Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only 176.85 99.54 0.01 0.02 -

Daystar Technologies Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.02 0.01 0.01

Competitive Comparison of Daystar Technologies's Cash-to-Debt

For the Semiconductors subindustry, Daystar Technologies'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.


Daystar Technologies's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Daystar Technologies's Cash-to-Debt distribution charts can be found below:

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



Daystar Technologies 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.

Daystar Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2011 is calculated as:

Daystar Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 2012 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.


Daystar Technologies  (OTCPK:DSTI) 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.


Daystar Technologies Cash-to-Debt Related Terms

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Daystar Technologies (Daystar Technologies) Business Description

Traded in Other Exchanges
N/A
Address
DayStar Technologies, Inc., a Delaware corporation, was incorporated in February 1997. It completed its initial public offering in February 2004. It is a development stage enterprise, which develops, manufactures and markets products for the solar photovoltaic (PV) industry. The Company has developed a proprietary thin film deposition technology for solar photovoltaic (PV) products. It utilizes a proprietary one-step sputter deposition process and has manufactured a commercial scale deposition tool to apply high-efficiency copper indium gallium diselenide (CIGS) material over large area glass substrates in a continuous fashion. The Company intends to integrate this tool with commercially available thin film manufacturing equipment, which will provide it with a critically differentiated manufacturing process to produce low-cost monolithically integrated, CIGS-on-glass modules that address the grid-tied, ground-based PV market. It has initiated construction of its initial module production line. To facilitate its entry into the addressable solar PV market, it has entered into a contract with Blitzstrom GmbH, one of thin film solar PV integrators, that commits Blitzstrom to purchase a minimum of 50% of its production through 2011, subject to these products meeting defined performance criteria. The solar electricity industry currently supplies modules used in solar PV systems primarily for grid-connected systems.
Executives
William Steckel director 2972 STENDER WAY, SANTA CLARA CA 95054
Richard C Green director 4200 W 115TH STREET, SUITE 210, LEAWOOD KS 66211
Kevin S Flannery director
Richard Nevins director 20580 PALMER AVENUE, SONOMA CA 95476
Scott M Schecter director
Lampe, Conway & Co. Llc 10 percent owner 680 FIFTH AVENUE, SUITE 1202, NEW YORK NY 10019
Lc Capital International Llc 10 percent owner C/O LAMPE, CONWAY & CO., LLC, 680 FIFTH AVENUE, SUITE 1202, NEW YORK NY 10019
Lc Capital Advisors Llc 10 percent owner C/O LAMPE, CONWAY & CO., LLC, 680 FIFTH AVENUE, SUITE 1202, NEW YORK NY 10019
Richard F Conway 10 percent owner C/O LAMPE, CONWAY & CO. LLC, 680 FIFTH AVENUE, SUITE 1202, NEW YORK NY 10019
Steven Lampe 10 percent owner C/O LAMPE, CONWAY & CO. LLC, 680 FIFTH AVENUE, SUITE 1202, NEW YORK NY 10019
Lc Capital Master Fund Ltd 10 percent owner C/O TRIDENT FUND SERVICES (BVI) LIMITED, PO BOX 146, WATERFRONT DR, WICKHAMS CAY, ROAD TOWN, TORTOLA D8 00000
Lc Capital Partners Lp 10 percent owner 680 FIFTH AVENUE, SUITE 1202, NEW YORK NY 10019
Quercus Trust other: Former 10% Owner 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Steven Aragon officer: Vice-President Engineering 355 SOUTH TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
David Gelbaum 10 percent owner, other: Co-Trustee 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660

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